---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-009446"
form_type: "8-K"
ticker: "XELB"
cik: "0001083220"
company_name: "XCel Brands, Inc."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:22:54.695050+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Xcel Brands sells Lori Goldstein brand assets back to founder, max consideration $1.27M

## Summary
- Asset purchase agreement with Lori Goldstein Ltd for sale of trademarks, IP, and related assets effective June 30, 2024.
- Consideration includes waiver of earn-outs and unpaid amounts; tax value capped at $1.27 million.
- Xcel retains net royalties through June 30, 2024; Buyer assumes product returns after that date.
- Employment and consulting agreements with Lori Goldstein terminated at closing.
- Transaction requires QVC consent for assignment of contracts.

## SEC filing metadata
- accession: 0001558370-24-009446
- form_type: 8-K
- ticker: XELB
- cik: 0001083220
- company_name: XCel Brands, Inc.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083220/000155837024009446/0001558370-24-009446-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083220/000155837024009446/xelb-20240621x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-009446
- JSON: https://secwatch.observer/filing/0001558370-24-009446.json
- Plain text: https://secwatch.observer/filing/0001558370-24-009446.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.