secwatch.observer — SEC 8-K summary
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Issuer:     XMax Inc. (XWIN)
CIK:        0001473334
Form:       8-K
Filed at:   2026-07-07T20:30:30+00:00
Accession:  0001493152-26-032343
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XMax raises $3.7M via private placement of 434,600 shares at $8.454/share
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- Sold 434,600 shares of common stock at $8.454 per share for aggregate proceeds of $3,674,108.
- Private placement conducted under Regulation S exemption; purchasers are non-U.S. investors.
- Purchasers subject to 18-month lock-up on shares and related securities without company consent.
- Shares are unregistered and carry restrictive legend; no obligation to register.
- Closing expected within 30 business days; conditions include no material adverse change.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473334/000149315226032343/0001493152-26-032343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473334/000149315226032343/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-032343

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