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XMax prices private placement of 434,600 shares at $8.45 each for $3.67 million

PUBT · 4d ago

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XMax prices private placement of 434,600 shares at $8.45 each for $3.67 million

XMax entered securities purchase agreements on July 1, 2026 for a Regulation S private placement with non-U.S. investors.
Sale covers 434,600 common shares at USD 8.45 each, raising USD 3.67 million in gross proceeds.
Purchasers agreed to an 18-month lock-up restricting transfers of the shares or related convertible securities without prior written consent.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XMax Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-032343), on July 07, 2026, and is solely responsible for the information contained therein.

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