XMax sells 1.96 million shares in private placement for $7 million

Reuters04-01 04:23

XMax entered securities purchase agreement on March 30, 2026 for private placement of 1,958,000 common shares.
Deal priced at $3.575 per share for gross proceeds of about $7 million.
StratoCore Solutions, Malaysian investor, agreed to buy shares in unregistered sale under Regulation S.

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: 0001493152-26-014208), on March 31, 2026, and is solely responsible for the information contained therein.

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