XWELL, Inc. Reports on Security Holder Vote Matters

TL;DR

XWELL shareholders voted on something important. Details to follow.

AI Summary

XWELL, Inc. filed an 8-K on September 23, 2024, reporting on matters submitted to a vote of its security holders as of September 20, 2024. The filing details the company's corporate actions and governance, with its principal executive offices located at 254 West 31st Street, 11th Floor, New York, NY 10001.

Why It Matters

This filing indicates that XWELL, Inc. has held or is holding a vote of its shareholders, which is a key governance event that can impact corporate direction and shareholder rights.

Risk Assessment

Risk Level: low — This is a routine corporate filing regarding a shareholder vote, not indicating any immediate financial distress or significant operational change.

Key Players & Entities

• XWELL, Inc. (company) — Registrant
• September 20, 2024 (date) — Date of earliest event reported
• September 23, 2024 (date) — Date of report
• 254 West 31st Street, 11th Floor, New York, New York 10001 (address) — Principal Executive Offices
• XpresSpa Group, Inc. (company) — Former Company Name
• Form Holdings, Inc. (company) — Former Company Name

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share XWEL The Nasdaq Stock Mar

Filing Documents

• tm2424568d1_8k.htm (8-K) — 39KB
• 0001104659-24-102031.txt ( ) — 209KB
• xspa-20240920.xsd (EX-101.SCH) — 3KB
• xspa-20240920_lab.xml (EX-101.LAB) — 33KB
• xspa-20240920_pre.xml (EX-101.PRE) — 22KB
• tm2424568d1_8k_htm.xml (XML) — 4KB

07

Item 5.07. Submission of Matters to a Vote of Security Holders. On September 20, 2024, XWELL, Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, the Company's stockholders voted on the four proposals described below. As of the record date for the Annual Meeting, there were 5,256,024 shares of common stock, par value $0.01 per share, outstanding and entitled to vote on each matter presented for vote at the Annual Meeting. At the Annual Meeting, 2,957,805 (56.3%) of the total outstanding shares of common stock were represented in person or by proxy. The final results for each of the matters submitted to a vote of stockholders at the Annual Meeting are as follows: Proposal 1 : The following four nominees were reelected to serve on the Company's Board of Directors (the "Board") until the 2025 Annual Meeting of Stockholders or until his or her respective successors have been duly elected and qualified, or until his or her earlier resignation or removal, having received the following votes: Name For Withheld Broker Non-Votes Bruce T. Bernstein 1,558,274 387,552 1,011,979 Robert Weinstein 1,561,795 384,031 1,011,979 Galle Wizenberg 1,751,692 194,136 1,011,977 Michael Lebowitz 1,722,334 223,494 1,011,977 As previously reported, on September 5, 2024, subsequent to the filing of the Company's Definitive Proxy Statement on Schedule 14A, Scott R. Milford resigned as the Company's Chief Executive Officer, effective as of September 4, 2024, and as a director of the Board and all committees thereto, effective as of September 21, 2024. In connection with Mr. Milford's resignation from the Board, Mr. Milford's name was withdrawn as a director nominee for re-election to the Board at the Annual Meeting, and any votes cast with respect to the election of Mr. Milford were not counted for any purpose. Proposal 2 : The appointment of Marcum LLP as the Company's independent registe

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: September 23, 2024 By: /s/ Ezra T. Ernst Name: Ezra T. Ernst Title: President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR