---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-028806"
form_type: "8-K"
ticker: "XWIN"
cik: "0001473334"
company_name: "XMax Inc."
filed_at: "2025-12-22T23:59:59+00:00"
generated_at: "2026-05-16T12:24:29.028686+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# XMax subsidiary invests $5.4M in fund to acquire xAI shares; prior $3M xAI investment closed

## Summary
- Xmax Beta Holdings, a wholly owned XMax Inc. subsidiary, subscribed $5,375,000 to Preamble X Capital I, increasing its interest to ~99.9%.
- Preamble X Capital I then subscribed $5,400,000 to a fund that will purchase shares of X.AI Holdings Corp. (xAI).
- On Dec 16, Preamble X Capital I closed a prior $2,999,928.80 subscription for 40,106 equity certificates in an SPV holding xAI Series B Preferred.
- Total indirect xAI investment across these transactions is approximately $8.4M.

## SEC filing metadata
- accession: 0001493152-25-028806
- form_type: 8-K
- ticker: XWIN
- cik: 0001473334
- company_name: XMax Inc.
- filed_at: 2025-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1473334/000149315225028806/0001493152-25-028806-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1473334/000149315225028806/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-028806
- JSON: https://secwatch.observer/filing/0001493152-25-028806.json
- Plain text: https://secwatch.observer/filing/0001493152-25-028806.txt

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