---
schema_version: "secwatch.filing_event.v1"
accession: "0001999538-26-000002"
form_type: "8-K"
ticker: null
cik: "0001999538"
company_name: "X1 Capital Inc."
filed_at: "2026-05-12T18:12:47+00:00"
generated_at: "2026-05-12T18:14:31.782658+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "medium"
source: SEC EDGAR
---

# X1 Capital appoints David McMurry as independent board member, Hatfield resigns; strategy expanded

## Summary
- David McMurry (former Caxton, Credit Suisse, DLJ) approved as independent board member by 100% shareholder vote.
- Edward Hatfield stepped down as board member concurrent with McMurry's appointment.
- Strategy expanded: acquire non-guaranteed portions of government-guaranteed loans.
- Also invest in companies serving US government, collateralized by government receivables or contracts.
- All measures approved unanimously by board and 100% of outstanding shares.

## SEC filing metadata
- accession: 0001999538-26-000002
- form_type: 8-K
- cik: 0001999538
- company_name: X1 Capital Inc.
- filed_at: 2026-05-12T18:12:47+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: medium
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1999538/000199953826000002/0001999538-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1999538/000199953826000002/form8k051026v1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999538-26-000002
- JSON: https://secwatch.observer/filing/0001999538-26-000002.json
- Plain text: https://secwatch.observer/filing/0001999538-26-000002.txt

## Key facts
- Executive change
  David McMurry was appointed as Board Member at X1 Capital Inc..
  - Action: approved as independent Board Member
  - Role: Board Member
  source text: At the meeting, 100% of the Shareholders and the Board approved David McMurry as an independent Board Member.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1999538/000199953826000002/0001999538-26-000002-index.htm
- Executive change
  Edward Hatfield departed as Board Member at X1 Capital Inc..
  - Action: stepped down
  - Role: Board Member
  source text: Concurrent with this, Edward Hatfield stepped down as a Board Member.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1999538/000199953826000002/0001999538-26-000002-index.htm
- Shareholder Votes
  X1 Capital Inc. shareholders approved Approval of the strategy expansion as outlined in Item 1. at the 2025-08-21 meeting.
  - Outcome: passed
  - Meeting: 2025-08-21
  source text: · Approval of the strategy expansion as outlined in Item 1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1999538/000199953826000002/0001999538-26-000002-index.htm
- Shareholder Votes
  X1 Capital Inc. shareholders approved Approval of David McMurry as an independent Board Member at the 2025-08-21 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2025-08-21
  source text: · Approval of David McMurry as an independent Board Member
  evidence_url: https://www.sec.gov/Archives/edgar/data/1999538/000199953826000002/0001999538-26-000002-index.htm

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