XWELL stockholders OK share issuance for Series G financing, boost equity plan to 3.125M; classified board fails

XWELL, Inc.

Share issuance for Jan 2025 Series G Preferred and warrant financing approved (For: 1,329,306; Against: 328,079) to comply with Nasdaq listing rule.
Classified board amendment rejected (For: 1,287,324; Against: 530,101); board remains annually elected.
Equity incentive plan shares increased by 2.5M to total 3.125M shares; non-employee director annual award limit raised to $750,000.
Ratification of CBIZ CPAs P.C. as fiscal 2025 auditor approved (For: 2,918,213).

item 5.02 item 5.07 item 9.01

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