DXL reviews revised $0.84/share unsolicited tender offer from Zodiac Partners II

DESTINATION XL GROUP, INC.

Revised tender offer at $0.84 per share in cash announced June 23, 2026.
Board previously rejected Zodiac's $0.82/share offer on May 26, 2026, calling it opportunistic.
DXL's Board, advised by Guggenheim and Greenberg Traurig, is evaluating the offer.
Stockholders advised to take no action pending Board recommendation and Schedule 14D-9 amendment.
DXL operates as leading Big + Tall men's clothing retailer under ticker DXLG on Nasdaq.

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