8-K - XMax Inc. (0001473334) (Filer)

8-K - XMax Inc. (0001473334) (Filer)

LOS ANGELES, Nov. 24, 2025 (GLOBE NEWSWIRE) -- XMax Inc., a Nevada corporation ("XMax" or the "Company") (NASDAQ:XWIN) today announced that on November 18, 2025, it entered into a Convertible Promissory Note Purchase Agreement with Billiongold Holding Limited, pursuant to which the Company issued a convertible promissory note in the principal amount of US$5,000,000. The note matures 36 months after funding, bears interest at 6% per annum, and is convertible at the holder's option into shares of the Company's common stock at a price of US$7.80 per share at any time prior to repayment in full. The note was issued in a transaction exempt from registration under Regulation S under the U.S. S

LOS ANGELES, Nov. 14, 2025 (GLOBE NEWSWIRE) -- XMax Inc. ("Xmax" or the "Company") (NASDAQ:XWIN), today announced its unaudited financial results for the three months ended September 30, 2025. Operating Results for the Three Months ended September 30, 2025 Net Sales grew by 273% to $9.76 million from $2.62 million in the same period of 2024.Gross profit was $0.98 million, compared to $1.18 million in the same period of 2024.Net loss was $1.13 million, compared to a net loss of $2.47 million in the same period of 2024. Operating Results for the Nine Months Ended September 30, 2025: Net Sales grew by 95% to $14.95 million from $7.68 million in the same period of 2024.Gross profit was $3.