{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-106407","form_type":"8-K","ticker":"XWEL","cik":"0001410428","company_name":"XWELL, Inc.","filed_at":"2025-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.335813+00:00","generated_at":"2026-05-17T00:35:29.796876+00:00","sec_items":["1.01","2.03","3.02","3.03","5.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"confidence":"high","headline":"XWELL exchanges $1.55M Series G Preferred for $3.39M secured notes; warrants amended","bullets":["Exchanged $1,553,806 aggregate Stated Value of Series G Preferred Stock for $3,387,138.80 senior secured convertible notes.","Notes bear 8% interest, mature in 3 years 4 months, convertible at $1.00/share; quarterly installments start Apr 1, 2026.","Warrants exercise price reduced from $1.496/$1.7952 to $1.00; anti-dilution provisions added.","Certificate of Amendment removes cash covenant, reduces Series G conversion price to $1.00, adds anti-dilution.","Company must hold stockholder meeting by Dec 31, 2025 to approve share issuances exceeding 19.99% limit."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-106407","json":"https://secwatch.observer/filing/0001104659-25-106407.json","markdown":"https://secwatch.observer/filing/0001104659-25-106407.md","text":"https://secwatch.observer/filing/0001104659-25-106407.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1410428/000110465925106407/0001104659-25-106407-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1410428/000110465925106407/tm2530065d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:35:29.796876+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}