---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-316233"
form_type: "8-K"
ticker: "DXLG"
cik: "0000813298"
company_name: "DESTINATION XL GROUP, INC."
filed_at: "2025-12-11T23:59:59+00:00"
generated_at: "2026-05-16T13:36:08.411558+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Destination XL Group merges with FullBeauty Brands in all-stock deal; combined revenue ~$1.2B

## Summary
- DXL shareholders to own 45%, FullBeauty shareholders 55% of combined company; stock-for-stock exchange.
- Combined LTM net sales ~$1.2B, Adj EBITDA ~$45M; expects $25M in annual run-rate cost synergies by 2027.
- Jim Fogarty (FullBeauty CEO) to become CEO of combined company; board split 4 DXL, 4 FullBeauty, 1 mutual.
- Transaction expected to close in 2026 subject to DXL stockholder approval, Nasdaq listing, and other conditions; FullBeauty to raise ~$92M pre-closing.
- Combined entity will operate 296 stores and serve ~34M households in customer database.

## SEC filing metadata
- accession: 0001193125-25-316233
- form_type: 8-K
- ticker: DXLG
- cik: 0000813298
- company_name: DESTINATION XL GROUP, INC.
- filed_at: 2025-12-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813298/000119312525316233/0001193125-25-316233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813298/000119312525316233/dxlg-20251211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-316233
- JSON: https://secwatch.observer/filing/0001193125-25-316233.json
- Plain text: https://secwatch.observer/filing/0001193125-25-316233.txt

## Key facts
- Material Agreements
  DESTINATION XL GROUP, INC. entered into Agreement and Plan of Merger with FBB Holdings I, Inc. (effective 2025-12-11).
  - Action: entry
  - Agreement: merger
  - Counterparty: FBB Holdings I, Inc.
  - Effective: 2025-12-11
  source text: On December 11, 2025, Destination XL Group, Inc., a Delaware corporation (“DXL”), Divine Merger Sub I, Inc., a Delaware corporation and wholly owned direct subsidiary of DXL (“Merger Sub”), and FBB Holdings I, Inc., a Delaware corporation (“FBB”), entered into an Agreement and Plan of Merger (the “Merger Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/813298/000119312525316233/0001193125-25-316233-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.