Market News / Story
XWELL Buys Back $2.7M XpresTest RSAs at $9,634/Share to Prepare Sale to Express Wellness
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XWELL entered into stock repurchase agreements under which subsidiary XpresTest bought back 279.5 restricted shares for about $2.7 million at $9,634.09 per share. The buybacks covered awards held by directors and executives, including Bruce T. Bernstein ($1.03M), Ezra T. Ernst ($0.53M), and Ian Brown ($0.10M), and fully vested all remaining RSAs. With no RSAs outstanding, XWELL now owns all XpresTest capital stock, simplifying capitalization ahead of the planned sale of…