secwatch.observer — SEC 8-K summary
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Issuer:     XMax Inc. (XWIN)
CIK:        0001473334
Form:       8-K
Filed at:   2026-08-12T20:45:28+00:00
Accession:  0001493152-26-037394
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XMax buys 561,426 Aerora shares for $12.0M; invests $8.4M in fund targeting Figure AI
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473334/000149315226037394/0001493152-26-037394-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473334/000149315226037394/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-037394

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