XMax raises $5.0M in registered direct offering of 1.19M shares at $4.21/share

XMax Inc.

Sold 1,187,500 shares at $4.21 per share for aggregate gross proceeds of $4,999,375.
Offering conducted under effective shelf registration statement (File No. 333-274970) filed Oct 2023.
Shares issued as common stock, par value $0.001; settlement via DVP.
No other material definitive agreements or financial results reported.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

XMax Inc. entered into Securities Purchase Agreement with certain purchasers identified on the signature pages thereto valued at $4,999,375 (effective 2025-12-19).

Action: entry
Agreement: equity purchase
Counterparty: certain purchasers identified on the signature pages thereto
Value: $4,999,375
Effective: 2025-12-19

Exact text from the filing

On December 19, 2025, XMax Inc. (the “Company”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain purchasers identified on the signature pages thereto (the “ Purchasers ”), pursuant to which the Company will sell to the Purchasers in a registered direct offering, an aggregate of 1,187,500 shares (the “ Shares ”) of its common stock, par value $0.001 per share (“ Common Stock ”) at a purchase price of $4.21 per share, for aggregate gross proceeds to the Company of $4,999,375, before deducting offering expenses payable by the Company.

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272 material agreements filed in the last 30 days. Browse all material agreements →

XMax Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-028788

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