{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-112475","form_type":"8-K","ticker":"XWEL","cik":"0001410428","company_name":"XWELL, Inc.","filed_at":"2025-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.336371+00:00","generated_at":"2026-05-16T19:49:13.441428+00:00","sec_items":["3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"confidence":"high","headline":"XWELL exchanges $1.55M Series G Preferred for $3.39M convertible notes; amends terms","bullets":["Exchanged $1,553,806 Stated Value of Series G Preferred Stock (including accrued dividends) for $3,387,138.80 senior secured convertible notes.","Filed Certificate of Amendment reducing Series G conversion price to $1.00 and removing requirement to maintain 200% cash reserves for conversion shares.","Added anti-dilution price-based adjustments to conversion price and provisions for accelerated conversion at lower of installment price or 80% VWAP.","Closing occurred November 10, 2025; exchange intended to modify rights of Series G Preferred holders."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-112475","json":"https://secwatch.observer/filing/0001104659-25-112475.json","markdown":"https://secwatch.observer/filing/0001104659-25-112475.md","text":"https://secwatch.observer/filing/0001104659-25-112475.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1410428/000110465925112475/0001104659-25-112475-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1410428/000110465925112475/tm2531269d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T19:49:13.441428+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"}