Destination XL Group Inc. has received a notice from Nasdaq indicating that its common stock has failed to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days, as mandated by Nasdaq Listing Rule 5450(a)(1). The company has been granted a 180-day period, until August 3, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. If the company does not regain compliance within this timeframe, it may qualify for an additional 180-day compliance period if certain conditions are met, including a potential transfer to the Nasdaq Capital Market. Failure to meet these requirements could result in the delisting of Destination XL Group Inc.'s common stock from Nasdaq.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Destination XL Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-041326), on February 06, 2026, and is solely responsible for the information contained therein.