Destination XL Group, Inc. Recommends DXL Stockholders Reject Zodiac Partners II's Revised, Unsolicited Tender Offer and NOT Tender Their Shares

In Canton, Mass., on July 8, 2026, Destination XL Group, Inc. (“DXL”) (NASDAQ: DXLG), a leading retailer of Big + Tall men’s clothing and shoes, advised its shareholders to decline an updated tender offer from Zodiac Partners II, LLC (“Zodiac”). The Board of Directors, with guidance from external advisors, advised against selling shares at $0.84 per share in cash, as proposed by Zodiac on June 23, 2026. The recommendation was unanimous. DXL remains a key player in the market.