Xwell agrees to sell XpresSpa, XpresTest units for $13 million

• Xwell agreed to sell its XpresSpa Holdings and XpresTest units to Express Wellness Group, an affiliate of Face Haus.
• Deal value set at USD 13 million, subject to closing adjustments.
• Transaction slated to close later in 2026, subject to stockholder approval and other closing conditions.
• Airport-based XpresSpa and XpresTest operations are included; retail health and wellness locations outside airports are excluded.
• Proceeds support a strategic shift toward the national security sector, with plans to streamline operations and cut expenses.

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. Xwell 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: 0001104659-26-082254), on July 09, 2026, and is solely responsible for the information contained therein.