---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-095322"
form_type: "8-K"
ticker: "XWEL"
cik: "0001410428"
company_name: "XWELL, Inc."
filed_at: "2023-08-25T23:59:59+00:00"
generated_at: "2026-06-11T03:22:35.619304+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# XWELL shareholders approve reverse stock split, reject advisory say-on-pay at 2023 annual meeting

## Summary
- Reverse stock split at ratio 1:8 to 1:20 approved (27.8M for, 17.1M against; 66.2% of votes cast).
- Advisory vote on named executive officer compensation not approved (3.9M for, 17.2M against; 81.6% against).
- Directors Milford, Weinstein, Bernstein, Stout, Lebowitz reelected despite high withhold votes (e.g., Bernstein 5.3M for, 16.6M withheld).
- Marcum LLP ratified as auditor for FY2023 (31.6M for, 10.6M against); adjournment proposal failed (17.9M for, 25.7M against).

## SEC filing metadata
- accession: 0001104659-23-095322
- form_type: 8-K
- ticker: XWEL
- cik: 0001410428
- company_name: XWELL, Inc.
- filed_at: 2023-08-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410428/000110465923095322/0001104659-23-095322-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410428/000110465923095322/tm2324819d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-095322
- JSON: https://secwatch.observer/filing/0001104659-23-095322.json
- Plain text: https://secwatch.observer/filing/0001104659-23-095322.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.