-+ 0.00%
-+ 0.00%
-+ 0.00%

XMax prices 352,200-share private placement at $8.42 per share for $2.96 million

PUBT·09/03/2026 20:45:57
Listen to the news
XMax prices 352,200-share private placement at $8.42 per share for $2.96 million
  • XMax entered securities purchase agreements on Aug. 28, 2026 for a Regulation S private placement of 352,200 common shares.
  • Deal prices shares at USD 8.42 each, valuing the offering at USD 2.96 million.
  • Investors are non-U.S. purchasers.
  • Purchasers face an 18-month lock-up restricting sales or transfers of the shares.
  • Shareholder clearance came at a July 24, 2026 special meeting to satisfy Nasdaq Listing Rule 5635(d).


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: 0001493152-26-041384), on September 03, 2026, and is solely responsible for the information contained therein.