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    SEC Form SCHEDULE 13G filed by Destination XL Group Inc.

    2/14/25 4:54:15 PM ET
    $DXLG
    Clothing/Shoe/Accessory Stores
    Consumer Discretionary
    Get the next $DXLG alert in real time by email



    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13G


    UNDER THE SECURITIES EXCHANGE ACT OF 1934
    DESTINATION XL GROUP, INC.

    (Name of Issuer)


    Common Stock, par value $0.01 per share

    (Title of Class of Securities)


    25065K104

    (CUSIP Number)


    12/31/2024

    (Date of Event Which Requires Filing of this Statement)


    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
    Checkbox checked   Rule 13d-1(b)
    Checkbox not checked   Rule 13d-1(c)
    Checkbox not checked   Rule 13d-1(d)






    SCHEDULE 13G

    CUSIP No.
    25065K104


    1Names of Reporting Persons

    NOMURA HOLDINGS INC
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    JAPAN
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    0.00
    6Shared Voting Power

    2,808,157.00
    7Sole Dispositive Power

    0.00
    8Shared Dispositive Power

    2,808,157.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    2,808,157.00
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    5.2 %
    12Type of Reporting Person (See Instructions)

    HC

    Comment for Type of Reporting Person:  (1) Shared voting and dispositive power represents 2,808,157 shares of Common Stock beneficially owned by Nomura Global Financial Products, Inc. ("NGFP"). NGFP is a wholly owned subsidiary of Nomura Holdings, Inc., which accordingly may be deemed to beneficially own the shares of Common Stock beneficially owned by NGFP. (2) The percent of class is calculated based on 54,307,237 shares of Common Stock outstanding as of November 13, 2024, as reported in the Issuer's quarterly report on Form 10-Q for the fiscal quarter ended November 2, 2024 filed with the SEC on November 22, 2024.


    SCHEDULE 13G

    CUSIP No.
    25065K104


    1Names of Reporting Persons

    NOMURA GLOBAL FINANCIAL PRODUCTS INC
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    0.00
    6Shared Voting Power

    2,808,157.00
    7Sole Dispositive Power

    0.00
    8Shared Dispositive Power

    2,808,157.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    2,808,157.00
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    5.2 %
    12Type of Reporting Person (See Instructions)

    BD

    Comment for Type of Reporting Person:  (3) The percent of class is calculated based on 54,307,237 shares of Common Stock outstanding as of November 13, 2024, as reported in the Issuer's quarterly report on Form 10-Q for the fiscal quarter ended November 2, 2024 filed with the SEC on November 22, 2024.


    SCHEDULE 13G

    Item 1. 
    (a)Name of issuer:

    DESTINATION XL GROUP, INC.
    (b)Address of issuer's principal executive offices:

    555 Turnpike Street, Canton, Massachusetts, 02021
    Item 2. 
    (a)Name of person filing:

    Nomura Holdings, Inc. Nomura Global Financial Products, Inc.
    (b)Address or principal business office or, if none, residence:

    Nomura Holdings, Inc.: 13-1, Nihonbashi 1-chome, Chuo-ku, Tokyo 103-8645, Japan Nomura Global Financial Products, Inc.: Worldwide Plaza 309 West 49th Street New York, NY 10019
    (c)Citizenship:

    Nomura Holdings, Inc.: Japan Nomura Global Financial Products, Inc.: Delaware
    (d)Title of class of securities:

    Common Stock, par value $0.01 per share
    (e)CUSIP No.:

    25065K104
    Item 3.If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
    (a)Checkbox checked   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
    (b)Checkbox not checked   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
    (c)Checkbox not checked   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
    (d)Checkbox not checked   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
    (e)Checkbox not checked   An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
    (f)Checkbox not checked   An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
    (g)Checkbox checked   A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
    (h)Checkbox not checked   A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i)Checkbox not checked   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)Checkbox not checked   A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
           please specify the type of institution:
    (k)Checkbox not checked   Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
     
    Item 4.Ownership
    (a)Amount beneficially owned:

    Items 5-11 of the cover pages are incorporated by reference.
    (b)Percent of class:

    Nomura Holdings, Inc.: 5.2 % Nomura Global Financial Products, Inc.: 5.2
    (c)Number of shares as to which the person has:
     (i) Sole power to vote or to direct the vote:

    Items 5-11 of the cover pages are incorporated by reference.

     (ii) Shared power to vote or to direct the vote:

    Items 5-11 of the cover pages are incorporated by reference.

     (iii) Sole power to dispose or to direct the disposition of:

    Items 5-11 of the cover pages are incorporated by reference.

     (iv) Shared power to dispose or to direct the disposition of:

    Items 5-11 of the cover pages are incorporated by reference.

    Item 5.Ownership of 5 Percent or Less of a Class.
     
    Item 6.Ownership of more than 5 Percent on Behalf of Another Person.
     
    Not Applicable
    Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
     
    If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.


    See Exhibit B
    Item 8.Identification and Classification of Members of the Group.
     
    Not Applicable
    Item 9.Notice of Dissolution of Group.
     
    Not Applicable

    Item 10.Certifications:
     
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

        SIGNATURE 
     
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     
    NOMURA HOLDINGS INC
     
    Signature:/s/ Samir Patel
    Name/Title:Samir Patel, Managing Director
    Date:02/14/2025
     
    NOMURA GLOBAL FINANCIAL PRODUCTS INC
     
    Signature:/s/ Samir Patel
    Name/Title:Samir Patel, Authorized Officer
    Date:02/14/2025
    Exhibit Information

    Exhibit A - Joint Filing Agreement Exhibit B - Subsidiaries

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