XWELL Plans to Acquire Medical Spas as Part of Expansion into Wellness, Beauty Sector

MT Newswires Live

03/13

XWELL (XWEL) said Thursday it plans to acquire select medical spas by the end of 2025, using its recent $4 million private placement to enter the high-growth wellness and beauty market.

The company said the move would extend its services beyond airports into metropolitan areas with rising demand for advanced beauty and wellness treatments.

XWELL said it will initially target metropolitan areas such as Orlando, Austin, Texas, and Salt Lake City.

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