XWELL adds Gerard Reid, a globally recognized leader in energy transition and capital markets, to its Board of Directors. Reid brings extensive experience in energy sector strategy and financial markets. The appointment aims to bolster XWELL’s expertise in navigating energy market transformations and capital deployment.
XWELL sells its XpresSpa and XpresTest business units in a $13 million divestiture deal. The transaction involves the separation of these two subsidiaries from the parent company’s portfolio. XWELL retains its core operations while exiting these specific segments.
XWELL, Inc. releases its financial performance for the year ended December 31, 2025, detailing its fiscal results as a provider of wellness solutions for active consumers. The company operates under the Nasdaq-listed ticker **XWEL** and focuses on delivering convenience-oriented wellness products.
XWELL completes a $31.3 million private placement under Nasdaq’s at-the-market offering rules. The company issues additional shares to raise capital without setting a fixed price. XWELL operates in the health and wellness sector, leveraging its Nasdaq-listed status to facilitate flexible financing.
