XMax prices 352,200-share private placement at $8.42 per share for $2.96 million - XMAX News | RalliesXMax prices 352,200-share private placement at $8.42 per share for $2.96 million
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XMAX• Private placement terms and approval
- XMax entered securities purchase agreements on Aug. 28, 2026 for a Regulation S private placement of 352,200 common shares.
- The deal prices shares at $8.42 each, valuing the offering at $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).
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