XMax Inc. Subsidiary Acquires 99.88% Stake in Preamble X Capital I for $8.46 Million

Reuters

2025/12/09

XMax Inc. Subsidiary Acquires 99.88% Stake in Preamble X Capital I for $8.46 Million

XMax Inc., through its wholly owned subsidiary Xmax Beta Holdings Ltd., has entered into a significant equity investment by subscribing to approximately 99.88% interest in Preamble X Capital I for a total amount of $8,461,428.80. The agreement, completed on December 2, 2025, makes Xmax Beta Holdings a member of Preamble X Capital I with a 0% management fee. Following this, Preamble X Capital I subscribed to 40,106 equity certificates in a dedicated SPV for $2,999,928.80, with each certificate linked to Series B Preferred Stock of X.AI Corp. Additionally, Preamble X Capital I committed $5,400,000 to a separate fund for the purchase of X.AI Corp. common stock. Allocations Fund Administration, LLC serves as the administrative manager for Preamble X Capital I.

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: 0001493152-25-026681), on December 08, 2025, and is solely responsible for the information contained therein.

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Subsidiary Acquires 99.88% Stake in Preamble X Capital I for $8.46 Million","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      XMax Inc. Subsidiary Acquires 99.88% Stake in Preamble X Capital I for $8.46 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        XMax Inc., through its wholly owned subsidiary Xmax Beta Holdings Ltd., has entered into a significant equity investment by subscribing to approximately 99.88% interest in Preamble X Capital I for a total amount of $8,461,428.80. The agreement, completed on December 2, 2025, makes Xmax Beta Holdings a member of Preamble X Capital I with a 0% management fee. 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Subsidiary Acquires 99.88% Stake in Preamble X Capital I for $8.46 Million\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-12-09 06:11</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      XMax Inc. Subsidiary Acquires 99.88% Stake in Preamble X Capital I for $8.46 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        XMax Inc., through its wholly owned subsidiary Xmax Beta Holdings Ltd., has entered into a significant equity investment by subscribing to approximately 99.88% interest in Preamble X Capital I for a total amount of $8,461,428.80. The agreement, completed on December 2, 2025, makes Xmax Beta Holdings a member of Preamble X Capital I with a 0% management fee. Following this, Preamble X Capital I subscribed to 40,106 equity certificates in a dedicated SPV for $2,999,928.80, with each certificate linked to Series B Preferred Stock of X.AI Corp. Additionally, Preamble X Capital I committed $5,400,000 to a separate fund for the purchase of X.AI Corp. common stock. Allocations Fund Administration, LLC serves as the administrative manager for Preamble X Capital I.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: 0001493152-25-026681), on December 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4095","symbol_name":"家庭裝飾品","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251208:nNDLc1V59P:1","article_id":"2590369617","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590369617","pubTimestamp":1765231881,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"XMax Inc., through its wholly owned subsidiary Xmax Beta Holdings Ltd., has entered into a significant equity investment by subscribing to approximately 99.88% interest in Preamble X Capital I for a total amount of $8,461,428.80. 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Subsidiary Acquires 99.88% Stake in Preamble X Capital I for $8.46 Million\n    \n\n        XMax Inc., through its wholly owned subsidiary Xmax Beta Holdings Ltd., has entered into a significant equity investment by subscribing to approximately 99.88% interest in Preamble X Capital I for a total amount of $8,461,428.80. The agreement, completed on December 2, 2025, makes Xmax Beta Holdings a member of Preamble X Capital I with a 0% management fee. Following this, Preamble X Capital I subscribed to 40,106 equity certificates in a dedicated SPV for $2,999,928.80, with each certificate linked to Series B Preferred Stock of X.AI Corp. Additionally, Preamble X Capital I committed $5,400,000 to a separate fund for the purchase of X.AI Corp. common stock. Allocations Fund Administration, LLC serves as the administrative manager for Preamble X Capital I.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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