{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-104093","form_type":"8-K","ticker":"XWEL","cik":"0001410428","company_name":"XWELL, Inc.","filed_at":"2023-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.829713+00:00","generated_at":"2026-06-10T08:07:33.111602+00:00","sec_items":["5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"XWELL enacts 1-for-20 reverse stock split effective Sept 27 to regain Nasdaq compliance","bullets":["Reverse split reduces outstanding shares from approx 83.5M to 4.17M; effective 5pm ET Sept 27.","Trading on split-adjusted basis begins Sept 28; symbol XWEL unchanged; new CUSIP 98420U 802.","Split aims to raise per-share price to meet Nasdaq $1 minimum bid price requirement.","No fractional shares issued; cash in lieu of fractional shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-104093","json":"https://secwatch.observer/filing/0001104659-23-104093.json","markdown":"https://secwatch.observer/filing/0001104659-23-104093.md","text":"https://secwatch.observer/filing/0001104659-23-104093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1410428/000110465923104093/0001104659-23-104093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1410428/000110465923104093/tm2327010d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T08:07:33.111602+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3c7141941c8719fbe3c864d856f51acdaf078bd8","claim":"XWELL, Inc.: Filed Certificate of Amendment to Amended and Restated Certificate of Incorporation to effect a 1-for-20 reverse stock split (effective 2023-09-27).","evidence_excerpt":"On Tuesday, September 26, 2023, XWELL, Inc. (the “Company”) filed a Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Company (the “Amendment”), to implement a one-for-twenty reverse split of its common stock, par value $0.01 (the “Reverse Split”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1410428/000110465923104093/0001104659-23-104093-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-09-27"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}