secwatch.observer — SEC 8-K summary
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Issuer:     XMax Inc. (XWIN)
CIK:        0001473334
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001493152-26-016970
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XMax raises $3.1M via private placement of 462,500 shares at $6.705/share
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- Company sold 462,500 shares to 22 non-U.S. investors at $6.705/sh for ~$3.1M.
- Offering exempt from registration under Regulation S; no general solicitation.
- Shares subject to 18-month lock-up and legend restriction on transfer.
- No specific use of proceeds disclosed; transaction closed April 13, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473334/000149315226016970/0001493152-26-016970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473334/000149315226016970/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-016970

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer