4/A//SEC Filing
Ernst Ezra 4/A
Accession 0001062993-23-015155
CIK 0001410428other
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 4:13 PM ET
Size
6.0 KB
Accession
0001062993-23-015155
Insider Transaction Report
Form 4/AAmended
XWELL, Inc.XWEL
Ernst Ezra
President and CEO
Transactions
- Other
Common Stock
2022-01-14+55,249→ 65,249 total
Footnotes (2)
- [F1]These shares were omitted from the reporting person's Form 4 filed on January 19, 2022, and were omitted from one subsequent Form 4 filed by the reporting person on June 21, 2022. The number of shares of common stock reflected in such subsequent Form 4 filed by the reporting person should be deemed adjusted accordingly.
- [F2]The reporting person acquired these securities on January 14, 2022, as consideration for the reporting person's equity interest in gcg Connect, LLC, d/b/a HyperPointe, which XWELL, Inc. acquired on January 14, 2022. The Membership Interests Purchase Agreement provides that the former equity holders may receive up to an additional $7.5 million in cash or 4,143,647 shares of XWELL common stock (or combination thereof) if certain earn-out milestones are achieved during an earnout period ending on the third anniversary of the date of the acquisition agreement. The reporting person's right to receive additional consideration pursuant to this earn-out right became fixed and irrevocable on January 14, 2022, the closing date of the acquisition.
Issuer
XWELL, Inc.
CIK 0001410428
Entity typeother
Related Parties
1- filerCIK 0001905331
Filing Metadata
- Form type
- 4/A
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 4:13 PM ET
- Size
- 6.0 KB