XMax raises $2.96M in private placement of 352,200 shares at $8.417/share

XMax Inc.

Private placement of 352,200 shares at $8.417/share for aggregate proceeds of $2,964,467.40.
Shares sold to non-U.S. investors under Regulation S; 18-month lock-up on resale.
Shareholder approval obtained at special meeting on July 24, 2026 for Nasdaq compliance.
Per share price equals 93% of prior day's closing price on Nasdaq.

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