secwatch.observer — SEC 8-K summary
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Issuer:     XMax Inc. (XWIN)
CIK:        0001473334
Form:       8-K
Filed at:   2025-12-22T23:59:59+00:00
Accession:  0001493152-25-028806
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473334/000149315225028806/0001493152-25-028806-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473334/000149315225028806/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-028806

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