XMax Inc. Renews CFO Jeffery Chuang's Employment Agreement

What Happened

• XMax Inc. (ticker: XMAX) filed a Form 8-K on August 25, 2026, reporting that on August 22, 2026 the company renewed the employment agreement with its Chief Financial Officer, Jeffery Chuang. The renewal extends his service for another one-year term, subject to further renewal.

Key Details

• Employment agreement date: August 22, 2026 (reported on 8-K filed Aug 25, 2026).
• Term: one-year renewal, subject to renewal by the company.
• Salary: $80,000 annual base salary.
• Bonus: eligible for an annual cash bonus at the Board’s sole discretion.
• The full agreement is included as Exhibit 10.1 to the 8-K.

Why It Matters

• The filing documents continuity in XMax’s financial leadership by formally extending the CFO’s employment.
• The disclosed compensation (an $80,000 salary and discretionary bonus eligibility) provides concrete, material terms investors can use when assessing management costs and governance disclosures.
• No other changes to officers or additional material terms were reported in the 8-K.