secwatch.observer — SEC 8-K summary
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Issuer:     XCel Brands, Inc. (XELB)
CIK:        0001083220
Form:       8-K
Filed at:   2026-05-22T22:49:50+00:00
Accession:  0001104659-26-065835
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Xcel Brands sells 7,500 shares to White Lion Capital under $15M equity line
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- On May 20 & 22, 2026, sold 2,500 and 5,000 shares at avg lowest-trade prices of $1.98 and $2.14.
- Total proceeds from these two sales were $15,650.
- Cumulative proceeds under Purchase Agreement now $15,650 from 7,500 shares issued through May 22, 2026.
- Agreement with White Lion Capital LLC, dated Jan 21, 2026, allows up to $15.0M in stock sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083220/000110465926065835/0001104659-26-065835-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083220/000110465926065835/xelb-20260520x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-065835

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer