XMax Inc. Raises $3.57 Million in Private Placement at Discounted Price
Summary
XMax Inc. completed a private placement, selling 486,500 shares to non-U.S. investors for $3.57 million at a discounted price of $7.347 per share, with an 18-month lock-up.
Key Events · Financing and Capital Events · XWIN
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Private Placement Details
XMax Inc. entered into Securities Purchase Agreements on May 28, 2026, to sell 486,500 shares of common stock to certain non-U.S. investors.
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Offering Price and Proceeds
The shares were sold at a purchase price of $7.347 per share, totaling an aggregate offering price of $3,574,315.50. This represents an approximately 11.9% discount to the current stock price of $8.34.
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Investor Lock-Up Period
Purchasers are subject to an 18-month lock-up period, restricting them from selling or transferring the shares without prior written consent from the company.
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Regulatory Exemption
The private placement was completed pursuant to the exemption from registration provided by Regulation S under the Securities Act of 1933.
Analysis · XWIN · Manufacturing
XMax Inc. has secured $3.57 million through a private placement of common stock to non-U.S. investors. While this capital infusion provides additional liquidity, the shares were sold at $7.347 each, representing an approximately 11.9% discount to the current market price. This continues the company's trend of raising capital, following several larger offerings in recent months, and comes shortly after a PRE 14A filing seeking approval for potentially much larger dilutive offerings. The 18-month lock-up period for the new investors mitigates immediate selling pressure.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 28.9% of the 1668 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, XWIN was trading at $8.34 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $524.1M. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.