secwatch.observer — SEC 8-K summary
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Issuer:     XWELL, Inc. (XWEL)
CIK:        0001410428
Form:       8-K
Filed at:   2023-08-25T23:59:59+00:00
Accession:  0001104659-23-095322
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1410428/000110465923095322/0001104659-23-095322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1410428/000110465923095322/tm2324819d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-095322

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer