Destination XL Group Faces Nasdaq Delisting Risk Over Minimum Bid Price

Reuters

Feb 07

<a href="https://laohu8.com/S/DXLG">Destination XL</a> Group Faces Nasdaq Delisting Risk Over Minimum Bid Price

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DXLG","symbol_name":"Destination Xl","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260206:nNDL9vgS3l:1","article_id":"2609051463","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609051463","pubTimestamp":1770414599,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"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. 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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.\n      \n\n\nDisclaimer: 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. 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