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.

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 Subscription Agreement with Preamble X Capital I, a series of Preamble X Capital LLC valued at US$3,048,773.60 (effective 2026-02-04).

Action: entry
Agreement: equity purchase
Counterparty: Preamble X Capital I, a series of Preamble X Capital LLC
Value: US$3,048,773.60
Effective: 2026-02-04

Exact text from the filing

On February 4, 2026, Xmax Beta Holdings Ltd. (the “ Company ”), a company incorporated in the Cayman Islands and an indirectly wholly owned subsidiary of XMax Inc. entered into a Subscription Agreement (the “ Agreement ”) with Preamble X Capital I, a series of Preamble X Capital LLC, a Delaware Limited Liability 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 0001493152-26-005624

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