{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-019625","form_type":"8-K","ticker":"XWIN","cik":"0001473334","company_name":"XMax Inc.","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.330890+00:00","generated_at":"2026-05-15T01:42:48.425930+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"confidence":"high","headline":"XMax raises $31.1M via private placement of 8.55M shares at $3.64 each (50% discount)","bullets":["Sold 8,550,000 shares at $3.64/share (50% of April 23 close) for $31,122,000 to six non-U.S. investors.","Shares issued under Regulation S; 60-month lock-up unless stock price reaches $10 after 6 months.","Shares outstanding as of April 29, 2026: 63,602,326."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-019625","json":"https://secwatch.observer/filing/0001493152-26-019625.json","markdown":"https://secwatch.observer/filing/0001493152-26-019625.md","text":"https://secwatch.observer/filing/0001493152-26-019625.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1473334/000149315226019625/0001493152-26-019625-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1473334/000149315226019625/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:42:48.425930+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}