XWELL, Inc. (XWEL), a US-based health and wellness holding company, has secured a $31.3 million investment. The funding was obtained through convertible preferred stock managed by American Ventures, a part of Dominari Securities located in Trump Tower. The preferred shares are convertible into common stock at a price of $0.47 per share, which would result in approximately 66.6 million new common shares. The capital raised is intended to support the expansion of the company's AI-driven health and biosecurity services offered in airports.
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