XWELL, Inc. Files 8-K on Financials
Ticker: XWEL · Form: 8-K · Filed: Apr 16, 2024 · CIK: 1410428
| Field | Detail |
|---|---|
| Company | Xwell, Inc. (XWEL) |
| Form Type | 8-K |
| Filed Date | Apr 16, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, corporate-actions
TL;DR
XWELL filed an 8-K on financials, formerly XpresSpa.
AI Summary
XWELL, Inc. filed an 8-K on April 16, 2024, reporting on its results of operations and financial condition. The filing also includes financial statements and exhibits. The company was formerly known as XpresSpa Group, Inc. and Form Holdings, Inc.
Why It Matters
This 8-K filing provides an update on XWELL, Inc.'s financial performance and condition, which is crucial information for investors to assess the company's health and future prospects.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of financial information and does not appear to contain any immediate or significant risks.
Key Players & Entities
- XWELL, Inc. (company) — Registrant
- XpresSpa Group, Inc. (company) — Former Company Name
- Form Holdings, Inc. (company) — Former Company Name
- April 16, 2024 (date) — Report Date
FAQ
What is the primary purpose of this 8-K filing for XWELL, Inc.?
The primary purpose of this 8-K filing is to report on XWELL, Inc.'s Results of Operations and Financial Condition, and to include Financial Statements and Exhibits.
When was this 8-K report filed?
This 8-K report was filed on April 16, 2024.
What were XWELL, Inc.'s previous names?
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 business address of XWELL, Inc.?
The principal business address of XWELL, Inc. is 254 West 31st Street, 11th Floor, New York, New York 10001.
Filing Stats: 766 words · 3 min read · ~3 pages · Grade level 12.5 · Accepted 2024-04-16 16:30:54
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share XWEL The Nasdaq Stock Mar
Filing Documents
- tm2411854d1_8k.htm (8-K) — 26KB
- tm2411854d1_ex99-1.htm (EX-99.1) — 40KB
- image_006.jpg (GRAPHIC) — 5KB
- image_001.jpg (GRAPHIC) — 2KB
- image_002.jpg (GRAPHIC) — 2KB
- image_003.jpg (GRAPHIC) — 2KB
- image_004.jpg (GRAPHIC) — 2KB
- image_005.jpg (GRAPHIC) — 2KB
- 0001104659-24-047806.txt ( ) — 267KB
- xspa-20240416.xsd (EX-101.SCH) — 3KB
- xspa-20240416_lab.xml (EX-101.LAB) — 33KB
- xspa-20240416_pre.xml (EX-101.PRE) — 22KB
- tm2411854d1_8k_htm.xml (XML) — 4KB
02 Results of Operations and Financial
Item 2.02 Results of Operations and Financial Condition. On April 16, 2024, XWELL, Inc. (the "Company") issued a press release announcing its financial results for the fiscal year ended December 31, 2023, and provided a corporate update. A copy of this press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, that is furnished pursuant to this Item 2.02 shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration forth by specific reference in such filing.
Forward-Looking Statements
Forward-Looking Statements The press release includes forward-looking statements, which may be identified by words such as "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein. The forward-looking statements in the press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including, but not limited to, the risks and uncertainties and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission ("SEC"), including the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and proxy statements, registration statement and other documents filed by the Company from time to time with the SEC. The Company expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated April 16, 2024* 104 Cover Page Interactive Data File (formatted as Inline XBRL) * This exhibit is furnished pursuant to Item 2.02 and shall not be deemed to be "filed."
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 16, 2024 By: /s/ Scott R. Milford Name: Scott R. Milford Title: President and Chief Executive Officer