---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-035017"
form_type: "8-K"
ticker: "XWIN"
cik: "0001473334"
company_name: "XMax Inc."
filed_at: "2026-07-28T20:30:20+00:00"
generated_at: "2026-07-28T20:31:12.907793+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# XMax shareholders approve issuance of >20% of common stock in private placement and shelf offering

## Summary
- Proposal 1 (Private Placement Issuance) passed: 25,775,447 for, 279,140 against, 52,402 abstain.
- Proposal 2 (Shelf Issuance) passed: 25,775,415 for, 279,146 against, 52,428 abstain.
- Proposal 3 (adjournment authority) passed: 25,775,196 for, 279,478 against, 52,315 abstain.
- Issuances exceed 20% of outstanding common stock at a price below Nasdaq's Minimum Price per Rule 5635(d).
- No details on size, pricing, or use of proceeds disclosed in the filing.

## SEC filing metadata
- accession: 0001493152-26-035017
- form_type: 8-K
- ticker: XWIN
- cik: 0001473334
- company_name: XMax Inc.
- filed_at: 2026-07-28T20:30:20+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1473334/000149315226035017/0001493152-26-035017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1473334/000149315226035017/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-035017
- JSON: https://secwatch.observer/filing/0001493152-26-035017.json
- Plain text: https://secwatch.observer/filing/0001493152-26-035017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.