Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
XMax Inc. incurred convertible notes of $5,000,000 with Billiongold Holding Limited at 6% per annum maturing thirty-six (36) months from the date that the purchase price of the Note is paid.
- Instrument
- convertible notes
- Principal
- $5,000,000
- Counterparty
- Billiongold Holding Limited
- Rate
- 6% per annum
- Maturity
- thirty-six (36) months from the date that the purchase price of the Note is paid
- Event
- incurrence
Exact text from the filing
On November 18, 2025, XMax Inc., a Nevada company (the “Company”), entered into a Convertible Promissory Note Purchase Agreement (the “Agreement”) with Billiongold Holding Limited, a company incorporated under the law of Hong Kong (the “Purchaser”). Pursuant to the Agreement, the Company sold a Convertible Promissory Note to the Purchaser with a principal amount of $5,000,000 (the “Note”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
XMax Inc. entered into Convertible Promissory Note Purchase Agreement with Billiongold Holding Limited valued at $5,000,000 (effective 2025-11-18).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Billiongold Holding Limited
- Value
- $5,000,000
- Effective
- 2025-11-18
Exact text from the filing
On November 18, 2025, XMax Inc., a Nevada company (the “Company”), entered into a Convertible Promissory Note Purchase Agreement (the “Agreement”) with Billiongold Holding Limited, a company incorporated under the law of Hong Kong (the “Purchaser”).
View on SEC.gov