XMax, through subsidiary Xmax Beta Holdings, entered a Subscription Agreement on Jul 06 2026 to make an additional $8.77 million investment in Preamble X Capital I. The subscription, completed on Jul 07 2026, raises XMax’s interest in the vehicle to more than 99.9%, with a 0% management fee applicable to the company. The move is intended to consolidate control and capture a greater share of fund economics.
Agreement details:
- Agreement type: Subscription Agreement for additional fund investment
- Counterparty: Preamble X Capital I
- Signed / Effective: Jul 06 2026 / Jul 07 2026
- Duration / Termination: At will
- Reason: Increase ownership and control of investment vehicle
Original SEC Filing:
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