$XMAX·8-K

XMax Inc. · May 6, 4:30 PM ET

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XMax Inc. 8-K

Research Summary

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Updated

XMax Inc. Adopts Revised Code of Business Conduct and Ethics

What Happened
XMax Inc. (XWIN) filed an 8-K on May 6, 2026, reporting that its Board of Directors approved an amended and restated Code of Business Conduct and Ethics (the “Revised Code”) on April 30, 2026. The Revised Code applies to all employees, officers and directors, as well as the Company’s agents, representatives and consultants when acting on the Company’s behalf. The company says the changes reflect current best practices and are primarily technical, administrative and non‑substantive. Adoption of the Revised Code did not constitute any waiver of provisions in the prior code.

Key Details

  • Board approved the Revised Code on April 30, 2026; 8-K filed May 6, 2026 (Item 5.05).
  • The Revised Code covers employees, officers, directors, agents, representatives and consultants acting for XMax.
  • Changes described as technical, administrative and non‑substantive; no waivers of the prior Code were made.
  • The full Revised Code is filed as Exhibit 14.1 to the 8-K and is available on XMax’s Investor Relations website (Xmax.com); website content is not incorporated by reference.

Why It Matters
Updating the Code of Business Conduct and Ethics is a governance move that clarifies company expectations for behavior and compliance across management, staff and third parties. For investors, this is a non‑financial, governance update—important for assessing management oversight and compliance practices but not expected to affect the company’s financial results. The filing also confirms there were no waivers, which suggests the update was proactive rather than in response to a specific ethics breach.

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