---
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"
generated_at: "2026-05-17T00:35:29.796876+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# XWELL exchanges $1.55M Series G Preferred for $3.39M secured notes; warrants amended

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 3.03, 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-106407
- JSON: https://secwatch.observer/filing/0001104659-25-106407.json
- Plain text: https://secwatch.observer/filing/0001104659-25-106407.txt

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