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XMax Inc. logo
XMAX$4.20+4.61%

XMax Inc.

Sector: Household FurnitureIndustry: Furnishings, Fixtures & AppliancesCountry: USExchange: Nasdaq

Mkt Cap$272.15M
Float & O/S52.63M / 64.88M
Inst Own20.8%

DilutionScan read 39 of XMax Inc.'s SEC filings and found 3 warrant series, 1 convertible, 4 shelf registrations, 1 S-1 registration and 9 completed offerings on file for XMAX. Analysis updated Nov 4, 2026.

Signal8 Summary

Raise routes on file: effective shelf · latest dilution event 68 days ago

Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need

AI dilution summary

The dominant contractual driver and its mechanism, then each further driver ranked.

Latest dilution event

Aug 28, 2026 · Offering Priced

How we read filings

Every warrant, convertible, ATM and shelf, cited to the filing

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Share count and cash history

Shares outstanding, potential dilution and cash over time

S-1 · 1

What is this?

Size, shares registered and dates with Pro

S-1 · primary offering

Issued 2025

Completed

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

Warrants · 3

What is this?

Exercise price, shares and dates with Pro

Warrant

Issued 2021

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

July 2021 placement agent warrants

Issued 2021

Expired

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

September 2025 public offering warrants

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Convertibles · 1

What is this?

Principal, conversion terms and dates with Pro

Convertible

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Shelf · 4

What is this?

Capacity, dates and baby-shelf status with Pro

S-3 shelf registration

Issued 2026

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2023

Expired

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2024

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2024

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

Offerings · 9

What is this?

Proceeds, price, shares and agent with Pro

PIPE

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Registered direct offering

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Registered direct offering

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

PIPE

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

PIPE

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

PIPE

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

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Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.

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