EDGAR·FLOW

XWELL, Inc. — Form SCHEDULE 13D/A

Filed September 8, 2026 · analyzed by the Ownership Agent
SCHEDULE 13D/A — Neutral significance 28/100
What the filing says
American Ventures LLC, Series XXIV XWELL (holder of 31,333 Series H Convertible Preferred Stock shares) entered a Support Agreement dated July 6, 2026 with Express Wellness Group, LLC (Buyer) committing to vote all shares in favor of a Securities Purchase Agreement transaction. The holder agrees to convert preferred shares up to 9.99% of outstanding common stock and vote those conversion shares at the stockholders meeting. Stockholder pledges not to transfer shares, solicit alternative transactions, or form competing groups during the deal period.
Why this rating

Support agreement locks voting commitment but is routine M&A governance document. No new capital, financing, or material economic impact disclosed. Holder's ~9.99% stake is meaningful but deal terms/price unknown; cannot assess value impact relative to $3.6M market cap.

View original filing on SEC.gov ↗ XWEL · stock on Yahoo Finance ↗

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