secwatch.observer — SEC 8-K summary
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Issuer:     XMax Inc. (XWIN)
CIK:        0001473334
Form:       8-K
Filed at:   2026-10-13T20:30:37+00:00
Accession:  0001493152-26-046838
Event type: leadership
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

XMAX renews COO Yizhou (Steven) Zhao's employment for one year at $159,000 salary
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- XMAX Inc. renewed its employment agreement with COO Yizhou (Steven) Zhao effective October 7, 2026 for a one-year term, renewable by mutual agreement.
- Zhao will receive an annual salary of $159,000, payable monthly, plus eligibility for an annual cash bonus at the Board's sole discretion.
- Zhao also serves as Corporate Secretary and a Data Analysis Statistician at Diamond Bar Outdoors, a wholly owned XMAX subsidiary.
- Agreement provides 12 days paid vacation, no severance on any termination, and a 6-month post-employment non-compete plus non-solicitation covenants.
- Employment deal signed by CEO Xiaohua Lu; the 8-K was signed October 13, 2026 and filed under Items 5.02(e) and 9.01(d).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473334/000149315226046838/0001493152-26-046838-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473334/000149315226046838/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-046838

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