XMax holds special shareholder meeting
XMAX•XMax shareholders approved two proposals authorizing offerings of more than 20% of outstanding common stock below the minimum price and ratified three transactions from March and April 2026.
1. Offering proposals approved
At a special meeting on November 2, 2026, XMax shareholders approved authorizations for a private placement and a registered direct offering, each allowing the issuance of more than 20% of outstanding common stock below the minimum price. They also ratified transactions dated March 9, March 30 and April 24, 2026, including related common stock issuances, and authorized the board chairman to adjourn the meeting to solicit additional proxies.
