{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-122806","form_type":"8-K","ticker":"XELB","cik":"0001083220","company_name":"XCel Brands, Inc.","filed_at":"2025-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.747215+00:00","generated_at":"2026-05-16T12:31:16.632252+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Xcel Brands closes $2.05M PIPE; CEO invests $100K alongside investors","bullets":["Gross proceeds $2.05M from 977,592 shares and 692,463 pre-funded warrants at $1.2275 each; net ~$1.75M.","Warrants issued to purchase 835,023 shares at $3.00, expiring in 5 years.","CEO Robert D'Loren bought 81,466 shares and 40,733 warrants for $100,000.","Proceeds for working capital; 60-day lockup on further equity sales.","Wellington Shields acted as placement agent, earning 8% fee and warrants for 66,802 shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-122806","json":"https://secwatch.observer/filing/0001104659-25-122806.json","markdown":"https://secwatch.observer/filing/0001104659-25-122806.md","text":"https://secwatch.observer/filing/0001104659-25-122806.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083220/000110465925122806/0001104659-25-122806-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083220/000110465925122806/tm2533803d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:31:16.632252+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"}