XWELL has filed a notice of an exempt offering of securities to raise $31 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, XWELL is raising up to $31,000,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About XWELL
XWELL (Nasdaq: XWEL) is a health and wellness holding company. XWELLs brands include XpresSpa, Treat, XpresCheck and HyperPointe. Serving 1 Million travelers a year across the United States, United Arab Emirates, Holland and Turkey, XWELL is the leading global health and wellness authority for people on the go. Where high-tech and high touch-meet, XWELL is constantly innovating within the wellness space and using technology to meet the ever-growing consumer demand for touch-less services. We are also true to our roots as a business that has historically offered high-touch services by providing a sense of personalization and humanity in all we do.
To learn more about XWELL, visit https://www.xwell.com/
XWELL Linkedin Page: https://www.linkedin.com/company/xwell/
Contact:
Ezra Ernst, President and Chief Executive Officer
212-750-9595
https://www.linkedin.com/in/ezraernst/
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