Investor Ups Stake in XWELL, Inc. to 10%

TL;DR

Mack & CPC now own 10% of XWELL, Inc. after buying 10M shares on Aug 12.

AI Summary

On August 13, 2024, ACM-CPC, LLC and Wayne Mack filed an amendment (No. 2) to their Schedule 13D regarding XWELL, Inc. They now beneficially own 10,000,000 shares of common stock, representing approximately 10.0% of the outstanding shares, acquired on August 12, 2024. This filing indicates a significant stake in the company.

Why It Matters

This filing signals increased investor interest and potential influence over XWELL, Inc., which could impact the company's strategic direction and stock performance.

Risk Assessment

Risk Level: medium — A 10% stake can indicate a desire for influence or control, potentially leading to activist actions or strategic shifts that carry inherent risks for the company and other shareholders.

Key Numbers

• 10,000,000 — Shares Owned (Represents a significant beneficial ownership stake.)
• 10.0% — Ownership Percentage (Indicates a substantial position in XWELL, Inc.)

Key Players & Entities

• ACM-CPC, LLC (company) — Filing entity
• Wayne Mack (person) — Filing entity
• XWELL, Inc. (company) — Subject company
• 10,000,000 (dollar_amount) — Number of shares beneficially owned
• 10.0% (dollar_amount) — Percentage of outstanding shares
• August 13, 2024 (date) — Filing date
• August 12, 2024 (date) — Acquisition date

FAQ

Key Financial Figures

• $0.01 — Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o
• $2.4950 — hase Purchase of Common Stock 4,326 $2.4950 6/17/2024 11 of 11

Filing Documents

• cpc240850_sch13da.htm (SC 13D/A) — 138KB
• cpc240850_ex99-1.htm (EX-99.1) — 13KB
• 0000897101-24-000364.txt ( ) — 153KB

From the Filing

SC 13D/A 1 cpc240850_sch13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* XWELL, Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class of Securities) 98420U703 (CUSIP Number) Wayne Mack Richard Waldo CPC Pain & Wellness SPV, LLC 301 Edgewater Place, Suite 100 Wakefield, MA 01880 (617) 531-9767 Ben A. Stacke Faegre Drinker Biddle & Reath LLP 2200 Wells Fargo Center 90 S. Seventh Street Minneapolis, Minnesota 55402 (612) 776-7000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 9, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box . *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D CUSIP No. 98420U703 1 NAME OF REPORTING PERSON CPC Pain & Wellness SPV, LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ( See Instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS ( See Instructions) WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF 7 SOLE VOTING POWER 0 SHARES BENEFICIALLY OWNED BY 8 SHARED VOTING POWER 394,200 EACH REPORTING PERSON 9 SOLE DISPOSITIVE POWER 0 WITH 10 SHARED DISPOSITIVE POWER 394,200 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 394,200 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.50% 1 14 TYPE OF REPORTING PERSON ( See Instructions) OO 1 Based on 5,256,024 shares of Common Stock outstanding as of August 8, 2024, which is the total number of shares of Common Stock outstanding immediately after the Issuer’s most recent offering as disclosed in the Issuer’s Prospectus Supplement on Form 424B5 filed with the Securities and Exchange Commission on August 7, 2024. 2 of 11 1 NAME OF REPORTING PERSON ACM-CPC, LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ( See Instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS ( See Instructions) AF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF 7 SOLE VOTING POWER 0 SHARES BENEFICIALLY OWNED BY 8 SHARED VOTING POWER 394,200 EACH REPORTING PERSON 9 SOLE DISPOSITIVE POWER 0 WITH 10 SHARED DISPOSITIVE POWER 394,200 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 394,200 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.50% 2 14 TYPE OF REPORTING PERSON ( See Instructions) OO 2 Based on 5,256,024 shares of Common Stock outstanding as of August 8, 2024, which is the total number of shares of Common Stock outstanding immediately after the Issuer’s most recent offering as disclosed in the Issuer’s Prospectus Supplement on Form 424B5 filed with the Securities and Exchange Commission on August 7, 2024. 3 of 11 1 NAME OF REPORTING PERSON Wayne Mack 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) AF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United NUMBER OF 7 SOLE VOTING POWER 0 SHARES BENEFICIALLY OWNED BY 8 SHARED VOTING POWER 394,200 EACH REPORTING PERSON 9 SOLE DISPOSITIVE POWER 0 WITH 10 SHARED DISPOSITIVE POWER 394,200 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 394,200 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.50% 3 14 TYPE OF REPORTING PERSON ( See Instructions) IN 3 Based on 5,256,024 shares of Common Stock outstanding as of August 8, 2024, which is the total number of shares of Common Stock outstanding immediately after the Issuer&r

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