---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-082254"
form_type: "8-K"
ticker: "XWEL"
cik: "0001410428"
company_name: "XWELL, Inc."
filed_at: "2026-07-09T20:05:24+00:00"
generated_at: "2026-07-09T20:06:05.941403+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# XWELL agrees to sell XpresSpa and XpresTest for $13M, pivots to national security

## Summary
- Base purchase price of $13M, subject to customary adjustments; $2.65M placed in escrow.
- Transaction requires stockholder approval; expected to close later in 2026.
- XWELL will retain health and wellness retail outside airports; proceeds to fund growth in national security.
- Termination fees: Buyer pays up to $1.3M plus expenses; XWELL pays up to $1.3M plus expenses under certain conditions.
- Support agreements from board, executives, and American Ventures LLC to vote in favor; Series H Preferred to convert before record date.

## SEC filing metadata
- accession: 0001104659-26-082254
- form_type: 8-K
- ticker: XWEL
- cik: 0001410428
- company_name: XWELL, Inc.
- filed_at: 2026-07-09T20:05:24+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410428/000110465926082254/0001104659-26-082254-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410428/000110465926082254/tm2619967d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-082254
- JSON: https://secwatch.observer/filing/0001104659-26-082254.json
- Plain text: https://secwatch.observer/filing/0001104659-26-082254.txt

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