DealsMay 26, 2026, 06:07 AM

XCel Brands Sells $15,650 in Common Stock to White Lion Capital

AI Summary

XCel Brands, Inc. reported further sales of its common stock to White Lion Capital LLC under a previously announced purchase agreement. The agreement, dated January 21, 2026, commits the investor to purchase up to $15.0 million of the company's common stock. Between May 20 and May 22, 2026, the company completed additional sales, bringing the accumulated proceeds to $15,650 from 7,500 shares sold as of May 22, 2026.

Key Highlights

XCel Brands entered a common stock purchase agreement with White Lion Capital for up to $15.0 million.
On May 20, 2026, XCel Brands sold 2,500 shares for $4,950.
On May 22, 2026, XCel Brands sold 5,000 shares for $10,700.
Accumulated proceeds from stock sales reached $15,650 as of May 22, 2026.
Total of 7,500 shares sold under the purchase agreement as of May 22, 2026.

View SEC Filing

XELB

Multi-Sector Companies

XCel Brands, Inc.

Price Impact