XWELL Amends 8-K to Clarify Filing Obligations
Ticker: XWEL · Form: 8-K/A · Filed: Feb 2, 2024 · CIK: 1410428
| Field | Detail |
|---|---|
| Company | Xwell, Inc. (XWEL) |
| Form Type | 8-K/A |
| Filed Date | Feb 2, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: amendment, regulatory-compliance, corporate-governance
TL;DR
**XWELL just fixed an old filing to clarify its SEC compliance.**
AI Summary
XWELL, Inc. filed an amended 8-K/A on February 2, 2024, to correct a previous filing from December 13, 2023. This amendment specifically clarifies that the original 8-K was intended to satisfy filing obligations under Rule 425, Rule 14a-12, Rule 14d-2(b), and Rule 13e-4(c) of the Securities Exchange Act of 1934. This matters to investors because it indicates a correction in the company's disclosure practices, ensuring compliance with various SEC rules related to communications and solicitations, which can impact how certain corporate actions are perceived or regulated.
Why It Matters
This amendment ensures XWELL, Inc. is properly disclosing its communications and solicitations under various SEC rules, which is crucial for regulatory compliance and investor transparency.
Risk Assessment
Risk Level: low — This filing is an administrative correction and does not indicate any new operational or financial risks for the company.
Analyst Insight
A smart investor would note this as a routine administrative correction, indicating the company is diligent in its SEC compliance, but it doesn't present new information to alter investment decisions.
Key Players & Entities
- XWELL, Inc. (company) — the registrant filing the 8-K/A
- December 13, 2023 (date) — date of the earliest event reported in the original 8-K
- February 2, 2024 (date) — date the 8-K/A was filed
- Rule 425 (regulation) — Securities Act rule for written communications
- Rule 14a-12 (regulation) — Exchange Act rule for soliciting material
- Rule 14d-2(b) (regulation) — Exchange Act rule for pre-commencement communications
- Rule 13e-4(c) (regulation) — Exchange Act rule for pre-commencement communications
FAQ
What is the purpose of this 8-K/A filing by XWELL, Inc.?
The purpose of this 8-K/A filing is to amend a previous 8-K filed on December 13, 2023, specifically to clarify that the original filing was intended to satisfy the filing obligations under Rule 425, Rule 14a-12, Rule 14d-2(b), and Rule 13e-4(c) of the Securities Exchange Act of 1934.
When was the original event reported that this 8-K/A refers to?
The earliest event reported in the original 8-K, which this amendment refers to, occurred on December 13, 2023.
Which specific SEC rules did XWELL, Inc. clarify its original 8-K was intended to satisfy?
XWELL, Inc. clarified that its original 8-K was intended to satisfy obligations under Rule 425 under the Securities Act, and Rule 14a-12, Rule 14d-2(b), and Rule 13e-4(c) under the Exchange Act.
What is XWELL, Inc.'s business address as stated in the filing?
XWELL, Inc.'s business address is 254 West 31st Street, 11th Floor, New York, New York 10001.
What was XWELL, Inc.'s former company name mentioned in the filing?
One of XWELL, Inc.'s former company names mentioned in the filing was XpresSpa Group, Inc., with a date of name change on January 5, 2018, and also on January 2, 2018. Another former name was Form Holdings, Inc., with a date of name change on January 2, 2018.
Filing Stats: 478 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2024-02-02 08:00:13
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share XWEL The Nasdaq Stock Mar
Filing Documents
- tm244997-1_8ka.htm (8-K/A) — 23KB
- 0001104659-24-009767.txt ( ) — 191KB
- xwel-20231213.xsd (EX-101.SCH) — 3KB
- xwel-20231213_lab.xml (EX-101.LAB) — 33KB
- xwel-20231213_pre.xml (EX-101.PRE) — 22KB
- tm244997-1_8ka_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. XWELL, Inc. Date: February 2, 2024 By: /s/ Cara Soffer Name: Cara Soffer Title: General Counsel