# XMax Inc. (XWIN) — divestiture/asset_sale [completed]
Source: SEC API (secapi.ai) · situation sit_ee877b453b7b97072873 · retrieved 2026-08-11T15:52:44.548Z

## Overview
XMax Inc. is a household furniture manufacturer based in Commerce, California, operating through subsidiaries including Xmax Beta Holdings Ltd.

On July 6, 2026, Xmax Beta Holdings Ltd., an indirectly wholly owned subsidiary of XMax Inc., entered into a Subscription Agreement with Preamble X Capital I, a series of Preamble X Capital LLC. The subsidiary made an additional subscription of US$8,770,000, increasing its interest in the fund to more than 99.9%. The management fee for the subsidiary is 0%. The subscription was completed on July 7, 2026.

## Terms
- Counterparty: Preamble X Capital I, a series of Preamble X Capital LLC · Deal value: $8.8M · Consideration: cash · Stake: 99.9%

## Key dates
- Expected close 2026-07-07 · Completed 2026-07-10

## Timeline
- 2026-07-10 · 8-K (0001493152-26-032855): 8-K - XMax Inc. — *XMax Inc. is a household furniture manufacturer based in Commerce, California, operating through subsidiaries including Xmax Beta Holdings Ltd.* On July 6, 2026, Xmax Beta Holdings Ltd., an indirectly wholly owned subsidiary of XMax Inc., entered into a Subscription Agreement with Preamble X Capital I, a series of Preamble X Capital LLC. The subsidiary made an additional subscription of US$8,770,000, increasing its interest in the fund to more than 99.9%. The management fee for the subsidiary is 0%. The subscription was completed on July 7, 2026.
  https://www.sec.gov/Archives/edgar/data/1473334/0001493152-26-032855.txt

## Citations
- 0001493152-26-032855 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226032855