secwatch.observer — SEC 8-K summary
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Issuer:     XMax Inc. (XWIN)
CIK:        0001473334
Form:       8-K
Filed at:   2026-07-28T20:30:20+00:00
Accession:  0001493152-26-035017
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473334/000149315226035017/0001493152-26-035017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473334/000149315226035017/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-035017

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