---
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"
generated_at: "2026-05-16T13:57:37.227186+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# XMax Inc. unit invests $8.46M in xAI via Preamble X Capital I subscription

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-026681
- JSON: https://secwatch.observer/filing/0001493152-25-026681.json
- Plain text: https://secwatch.observer/filing/0001493152-25-026681.txt

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