---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-086582"
form_type: "8-K"
ticker: "XWEL"
cik: "0001410428"
company_name: "XWELL, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:40:50.776342+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# XWELL raises $1.4M in registered direct offering at $2.18/share premium; issues 416K settlement shares

## Summary
- Registered direct offering of 652,705 shares at $2.18/share, gross proceeds ~$1.4M; expected close Aug 8, 2024.
- Proceeds from offering will be used for working capital and general corporate purposes.
- Issued 416,000 unregistered shares on Aug 5, 2024 as settlement consideration to Settlor Parties (XpresSpa Middle East B.V. and others).
- Offering price represents a premium to market, signaling demand.
- Shares offered under effective shelf registration statement (Form S-3) filed Aug 2023.

## SEC filing metadata
- accession: 0001104659-24-086582
- form_type: 8-K
- ticker: XWEL
- cik: 0001410428
- company_name: XWELL, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410428/000110465924086582/0001104659-24-086582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410428/000110465924086582/tm2421027d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-086582
- JSON: https://secwatch.observer/filing/0001104659-24-086582.json
- Plain text: https://secwatch.observer/filing/0001104659-24-086582.txt

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