XWELL Shareholders Approve Reverse Split, Capital Flexibility Moves

XWELL ( (XWEL) ) has shared an update.

On December 18, 2025, XWELL, Inc. held its 2025 Annual Meeting of Stockholders, where holders of approximately 66.9% of outstanding common shares were represented in person or by proxy. Stockholders re-elected five directors to serve until the 2026 annual meeting, ratified CBIZ CPAs, P.C. as independent auditor for the fiscal year ending December 31, 2025, and approved on an advisory basis the compensation of named executive officers as well as a three-year frequency for future say-on-pay votes. Investors rejected a proposal to classify the board into two staggered classes, but approved a discretionary reverse stock split in a range of 1-for-2 to 1-for-20 and authorized the issuance of potentially more than 19.99% additional common shares tied to Series G preferred stock, amended warrants, and senior secured convertible notes under a prior exchange agreement, decisions that collectively preserve governance continuity while giving the company flexibility to manage its capital structure and maintain Nasdaq listing compliance. Stockholders also approved the ability to adjourn the meeting if needed, though no other matters were brought to a vote, and the reported results were deemed final.

The most recent analyst rating on (XWEL) stock is a Sell with a $0.75 price target. To see the full list of analyst forecasts on XWELL stock, see the XWEL Stock Forecast page.

Spark’s Take on XWEL Stock

According to Spark, TipRanks’ AI Analyst, XWEL is a Underperform.

XWELL’s overall stock score is heavily impacted by its poor financial performance and valuation, both scoring at the lowest end of the scale. The technical analysis also indicates a bearish trend, further weighing down the score. The potential Nasdaq delisting adds to the negative outlook, although it was not directly included in the weighted score.

To see Spark’s full report on XWEL stock, click here.

More about XWELL

XWELL, Inc. is a publicly traded company whose shares of common stock and Series G preferred stock are held by a broad base of investors and listed on Nasdaq, indicating a focus on maintaining exchange compliance and active engagement with capital markets through equity and convertible securities.

Average Trading Volume: 52,436

Technical Sentiment Signal: Strong Sell

Current Market Cap: $4.27M

See more insights into XWEL stock on TipRanks’ Stock Analysis page.