Xwell Inc. Announces $4 Million Private Placement of Series G Convertible Preferred Stock and Warrants
Reuters
Nov 05, 2025
Xwell Inc. Announces $4 Million Private Placement of Series G Convertible Preferred Stock and Warrants
Xwell Inc. announced it has entered into a Securities Purchase Agreement with certain accredited investors for a private placement of securities. The company agreed to sell an aggregate of 4,000 shares of its Series G Convertible Preferred Stock at a stated value of $1,000 per share, with an initial conversion price of $1.496. In addition, investors received Series A and Series B warrants to purchase common stock at exercise prices of $1.496 and $1.7952 per share, respectively. The private placement closed on January 14, 2025.
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