{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-026681","form_type":"8-K","ticker":"XWIN","cik":"0001473334","company_name":"XMax Inc.","filed_at":"2025-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.478525+00:00","generated_at":"2026-05-16T13:57:37.227186+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"confidence":"high","headline":"XMax Inc. unit invests $8.46M in xAI via Preamble X Capital I subscription","bullets":["Xmax Beta Holdings subscribed 99.88% interest in Preamble X Capital I for $8,461,428.80.","Preamble X Capital I used $2,999,928.80 to acquire 40,106 equity certificates in SPV holding xAI Series B Preferred Stock.","Preamble X Capital I committed $5,400,000 to a separate fund to purchase xAI common stock.","Management fee and carry percentage for Xmax Beta Holdings are 0%; term is five years.","Investment provides XMax exposure to xAI, an AI company founded by Elon Musk."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-026681","json":"https://secwatch.observer/filing/0001493152-25-026681.json","markdown":"https://secwatch.observer/filing/0001493152-25-026681.md","text":"https://secwatch.observer/filing/0001493152-25-026681.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1473334/000149315225026681/0001493152-25-026681-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1473334/000149315225026681/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:57:37.227186+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"}