XMax Inc. entered into Securities Purchase Agreements on April 13, 2026, to sell 462,500 shares of common stock to 22 non-U.S. person investors at $6.705 per share for $3,101,062.50 in a Regulation S private placement.
Key takeaways
Entered agreements with 22 named non-U.S. investors: Chen Yingjie, Fang Chongyi, etc.
Sale of 462,500 shares of common stock at $6.705 per share.
Aggregate proceeds of $3,101,062.50.
Exempt from registration under Regulation S.
Form of agreements filed as Exhibit 10.1.
Closing subject to standard conditions including payment within 10 business days and share delivery within 30 business days.