XMax Inc. held a special stockholder meeting on July 24, 2026, where shareholders approved two equity issuances exceeding 20% of outstanding shares at prices below Nasdaq's Minimum Price threshold. Proposal 1 authorized a private placement offering, receiving 25,775,447 votes in favor. Proposal 2 authorized a registered direct offering under Form S-3 (Registration Number 333-295406), receiving 25,775,415 votes in favor. Proposal 3 granted the Chairman discretionary authority to adjourn the meeting to solicit additional proxies, receiving 25,775,196 votes in favor. The company operates in the technology sector, providing digital solutions and services.
