Xwell, inc. announces 1-for-20 reverse stock split

New york, sept. 27, 2023 (globe newswire) -- xwell, inc. (nasdaq: xwel), announced today that it will effect a 1-for-20 reverse stock split of its common stock effective at 5:00 pm eastern time on wednesday, september 27, 2023. shares of xwell's common stock are expected to begin trading on a split-adjusted basis when markets open on thursday, september 28, 2023.

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