{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-037394","form_type":"8-K","ticker":"XWIN","cik":"0001473334","company_name":"XMax Inc.","filed_at":"2026-08-12T20:45:28+00:00","discovered_at":"2026-08-12T20:46:01.021735+00:00","generated_at":"2026-08-12T20:46:26.054593+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"XMax buys 561,426 Aerora shares for $12.0M; invests $8.4M in fund targeting Figure AI","bullets":["Acquired 561,426 ordinary shares of Aerora Technology from Cobalt Pacific Holdings for $12,003,287.95 (~$21.38/share).","Closing on or before Aug 31, 2026; shares subject to ROFR/co-sale rights under Aerora's November 2024 IRA.","Separately, Preamble X Capital I subscribed for ~5% fund interests for $8.4M; fund will invest in Figure AI Inc. stock.","Aerora is a Cayman exempted company with principal office in San Jose, CA; Seller holds 690,000 shares total."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-037394","json":"https://secwatch.observer/filing/0001493152-26-037394.json","markdown":"https://secwatch.observer/filing/0001493152-26-037394.md","text":"https://secwatch.observer/filing/0001493152-26-037394.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1473334/000149315226037394/0001493152-26-037394-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1473334/000149315226037394/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-12T20:46:26.054593+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"}