---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-025166"
form_type: "8-K"
ticker: "XWIN"
cik: "0001473334"
company_name: "XMax Inc."
filed_at: "2025-11-26T23:59:59+00:00"
generated_at: "2026-05-16T16:27:13.988597+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# XMax Inc. completes acquisition of 39.7% interest in fund holding SpaceX shares for $5.6M

## Summary
- On Nov. 24, 2025, Xmax Alpha Holdings (subsidiary of XMax Inc.) completed acquisition of 39.7% interest in a fund holding SpaceX shares.
- The subsidiary subscribed for 99.82% interest in Preamble Capital I for $5,605,000.
- The fund holds 55,629 shares of SpaceX Class A and 3,781 shares of Class C common stock.
- The investment provides XMax Inc. indirect exposure to SpaceX via the fund structure.

## SEC filing metadata
- accession: 0001493152-25-025166
- form_type: 8-K
- ticker: XWIN
- cik: 0001473334
- company_name: XMax Inc.
- filed_at: 2025-11-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- confidence: high
- sec_items: 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1473334/000149315225025166/0001493152-25-025166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1473334/000149315225025166/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-025166
- JSON: https://secwatch.observer/filing/0001493152-25-025166.json
- Plain text: https://secwatch.observer/filing/0001493152-25-025166.txt

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