XMax Inc. 8-K

What Happened

• XMax Inc. (the Company) filed an 8-K on Feb 3, 2026 disclosing it entered into a material Loan Agreement dated January 28, 2026 with Joycheer Trade Limited (Borrower). Under the agreement XMax agreed to provide a $5.3 million loan. The loan carries interest at 6% per annum and matures one year from the loan funding date.

Key Details

• Lender: XMax Inc. (Nevada company); Borrower: Joycheer Trade Limited (Hong Kong company).
• Principal amount: $5,300,000.
• Interest rate: 6.0% per year.
• Term: Matures one year from the funding date.
• The Loan Agreement includes customary representations, warranties and events of default; the agreement is filed as Exhibit 10.1 to the 8-K.

Why It Matters

• This transaction represents a material use of company capital and creates a short-term loan asset expected to generate interest income at 6% annually.
• Investors should note the company is taking on borrower credit exposure to Joycheer; repayment depends on the borrower’s ability to repay at the one-year maturity.
• The filing informs shareholders of a material definitive agreement (Item 1.01) and provides the loan terms for assessment of potential impact on liquidity and near-term financial results.