XMax Inc. 8-K

What Happened

• XMax Inc. (through its wholly owned subsidiary XMax AI) announced it entered a Cloud Services Agreement with SuperX AI Technology USA. The agreement is dated April 22, 2026 and the 8-K was filed April 28, 2026.
• Under the agreement, SuperX will provide cloud computing resources, API access to large language models/AI models, and value‑added services (architecture design, technical support, billing/cost analysis, migration planning, security/compliance advisory, and training). The total service fees are $4,800,000, payable monthly. The agreement becomes effective upon commencement of services.

Key Details

• Parties: XMax AI (Party A), a wholly owned subsidiary of XMax Inc., and SuperX AI Technology USA (Party B).
• Fee: $4,800,000 in service fees, billed monthly; discounts on models/cloud resources apply based on cumulative consumption within each 12‑month period from service activation.
• Data & access: XMax AI retains full ownership of Customer Data; SuperX may access data only as necessary to perform services and may not use it for other purposes.
• Term & termination: Effective on service start; auto‑renews for one year unless 60 days’ prior written non‑renewal notice; either party may terminate for specified reasons (dissolution, material breach, force majeure, legal requirement). XMax AI may terminate on 30 days’ notice and pays accrued fees; SuperX may terminate on 30 days’ notice and must refund unused prepayments/deposits within 10 days.

Why It Matters

• This is a material services commitment that creates a contractual obligation of $4.8M in cloud/AI services, which may affect XMax’s operating expenses and supports the company’s AI/cloud capabilities.
• The agreement clarifies data ownership and control (XMax retains its data), and includes standard renewal and termination mechanics investors should note when assessing ongoing costs and vendor dependence.