XWELL, Inc. Files 8-K: Regulation FD & Financials
Ticker: XWEL · Form: 8-K · Filed: Apr 1, 2024 · CIK: 1410428
| Field | Detail |
|---|---|
| Company | Xwell, Inc. (XWEL) |
| Form Type | 8-K |
| Filed Date | Apr 1, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, financials, corporate-actions
TL;DR
XWELL filed an 8-K on April 1st covering Reg FD and financials. Formerly XpresSpa.
AI Summary
On April 1, 2024, XWELL, Inc. filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and includes Financial Statements and Exhibits. The company, formerly known as XpresSpa Group, Inc. and Form Holdings, Inc., is incorporated in Delaware and headquartered in New York.
Why It Matters
This 8-K filing provides important updates and disclosures for XWELL, Inc., impacting investors' understanding of the company's regulatory compliance and financial status.
Risk Assessment
Risk Level: low — This filing is a routine 8-K for disclosures and exhibits, not indicating immediate operational or financial distress.
Key Players & Entities
- XWELL, Inc. (company) — Registrant
- XpresSpa Group, Inc. (company) — Former Company Name
- Form Holdings, Inc. (company) — Former Company Name
- April 1, 2024 (date) — Date of earliest event reported
FAQ
What is the primary purpose of this 8-K filing for XWELL, Inc.?
The primary purpose of this 8-K filing is for Regulation FD Disclosure and to include Financial Statements and Exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on April 1, 2024.
What are the former names of XWELL, Inc. mentioned in the filing?
The filing mentions that XWELL, Inc. was formerly known as XpresSpa Group, Inc. and Form Holdings, Inc.
In which state is XWELL, Inc. incorporated?
XWELL, Inc. is incorporated in Delaware.
What is the principal executive office address for XWELL, Inc.?
The principal executive office address for XWELL, Inc. is 254 West 31st Street, 11th Floor, New York, New York 10001.
Filing Stats: 840 words · 3 min read · ~3 pages · Grade level 13.1 · Accepted 2024-04-01 16:35:34
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share XWEL The Nasdaq Stock Mar
Filing Documents
- tm2410362d1_8k.htm (8-K) — 27KB
- tm2410362d1_ex99-1.htm (EX-99.1) — 9KB
- tm2410362d1_ex99-1img001.jpg (GRAPHIC) — 6KB
- tm2410362d1_ex99-1img002.jpg (GRAPHIC) — 11KB
- 0001104659-24-041895.txt ( ) — 232KB
- xwel-20240401.xsd (EX-101.SCH) — 3KB
- xwel-20240401_lab.xml (EX-101.LAB) — 33KB
- xwel-20240401_pre.xml (EX-101.PRE) — 22KB
- tm2410362d1_8k_htm.xml (XML) — 4KB
01
Item 7.01. Regulation FD Disclosure On April 1, 2024, XWELL, Inc. (the "Company") issued a press release announcing that it intends to file a notification of late filing on Form 12b-25 with the Securities and Exchange Commission (the "SEC") in connection with the Annual Report on Form 10-K for the year ended December 31, 2023 (the "Form 10-K"), which will provide the Company with a 15 calendar day extension to file the Form 10-K. A copy of the press release is furnished herewith as Exhibit 99.1 The information included in this Item 7.01 and Exhibit 99.1 of this Current Report on Form 8-K are not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall this item and Exhibit 99.1 be incorporated by reference into the Company's filings under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly set forth by specific reference in such future filing.
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K and the press release incorporated herein contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements include, but are not limited to, statements regarding the Company's expectations regarding the timing of the issuance of its fourth quarter and full year 2023 earnings and the filing of the Form 10-K. These forward-looking statements are made as of the date hereof and are based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. The Company's actual results could differ materially from those stated or implied in forward-looking of the Form 10-K; the final determination of the Audit Committee regarding matters relating to its internal review; the timing and ultimate conclusions of the Company's independent auditors regarding the audit of the Company's financial statements; and the risk that the completion and filing of the Form 10-K will take longer than expected. These and other potential risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in the Company's filings and reports with the SEC, including the Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, as well as other filings and reports that are filed by the Company from time to time with the SEC. The Company disclaims any obligation to update forward-looking statements.
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 99.1 Press Release dated April 1, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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: April 1, 2024 By: /s/ Scott R. Milford Name: Scott R. Milford Title: President and Chief Executive Officer