XWELL, Inc. (XWEL) Announces 652.7K Share Offering at $2.18/sh

Go back to XWELL, Inc. (XWEL) Announces 652.7K Share Offering at $2.18/sh

XWELL Announces $1.4 Million Registered Direct Offering Priced At Premium to Market

August 6, 2024 9:00 AM EDT

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) (XWELL or the Company), an authority in wellness solutions for people on the go, today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 652,705 shares of its common stock, par value $0.01 per share, at a purchase price of $2.18 per share in a registered direct offering priced at a premium to market. The closing of the offering is expected to occur on or about August 8, 2024, subject to the satisfaction of customary closing... More