XMax Inc. filed a current report on August 12, 2026, disclosing two separate transactions completed on August 10, 2026: the acquisition of ordinary shares in Aerora Technology Co., Ltd., and the completion of a private investment fund subscription through its indirect subsidiary.

Key Highlights

  • Aerora Share Purchase: XMax Inc. agreed to purchase 561,426 Ordinary Shares of Aerora Technology Co., Ltd. from Cobalt Pacific Holdings Ltd. for an aggregate price of US$12,003,287.95, approximately US$21.38 per share.
  • Fund Subscription Completed: Preamble X Capital I subscribed for approximately 5% interests in a private investment fund for an aggregate amount of $8,400,000 on August 10, 2026.
  • Fund Manager's Investment Intent: The Fund Manager intends to invest substantially all investable assets in shares of common or preferred stock of Figure AI Inc., a Delaware corporation.
  • Prior Contribution: Xmax Beta Holdings Ltd., an indirectly wholly owned subsidiary of XMax Inc., previously contributed an aggregate amount of US$8,770,000 with Preamble X Capital I, as disclosed in an earlier filing dated July 10, 2026.
  • Issuer: XMax Inc. is incorporated in Nevada, headquartered at 6565 E. Washington Blvd., Commerce, CA 90040, and trades on NASDAQ:XMAX.

XMax Inc. Closes Aerora Acquisition and Private Fund Stake on the Same Date

According to the filing, XMax Inc. entered into a Securities Purchase Agreement on August 10, 2026, with Cobalt Pacific Holdings Ltd. as the seller and Aerora Technology Co., Ltd. as a party to the agreement. Under the agreement, the company agreed to purchase 561,426 Ordinary Shares of Aerora, a Cayman Islands exempted company, at a per-share price of approximately US$21.38, for a total aggregate purchase price of US$12,003,287.95. The filing notes that the foregoing summary of the agreement "is subject to, and qualified in its entirety by, the Agreement, which is incorporated herein by reference."

The filing also discloses that Xmax Beta Holdings Ltd., described as a company incorporated in the Cayman Islands and an indirectly wholly owned subsidiary of XMax Inc., had previously contributed an aggregate of US$8,770,000 to Preamble X Capital I, a series of Preamble X Capital LLC, a Delaware Limited Liability Company. On August 10, 2026, Preamble X Capital I completed its subscription for approximately 5% interests in a private investment fund for $8,400,000. The filing states that the Fund Manager intends to invest "directly, substantially all of its investable assets in shares of common or preferred stock of Figure AI Inc., a Delaware corporation." XMax Inc. is a Nevada-incorporated company with its principal executive office located in Commerce, California, and its common stock, par value $0.001 per share, is listed on the Nasdaq Stock Market under the trading symbol XMAX.

What Was Disclosed

XMax Inc. reported two completed transactions dated August 10, 2026: an agreement to acquire 561,426 ordinary shares of Aerora Technology Co., Ltd. for approximately US$12,003,287.95, and its subsidiary's completion of a $8,400,000 subscription for roughly 5% interests in a private fund targeting Figure AI Inc. equity.