other_material
confidence high
sentiment positive
materiality 0.65
XMax subsidiary invests $3.05M in fund holding xAI Series B Preferred Stock
XMax Inc.
- Xmax Beta Holdings subscribed $3,048,774 to increase its interest in Preamble X Capital I to ~99.9%.
- Fund used $3,048,774 to subscribe 34,963 equity certificates in a SPV holding Series B Preferred Stock of xAI.
- Management fee and carry for the fund are 0% for the investor.
- Investment provides XMax indirect exposure to xAI, a private AI company.
- Subscription completed on February 4, 2026.