XCEL BRANDS, INC. - Form 8-K Filing

Xcel Brands, Inc. reported on May 20, 2026, regarding its common stock purchase agreement with White Lion Capital LLC, initially valued at up to $15.0 million. Between May 20 and May 22, 2026, the company sold 7,500 shares, generating $15,650 in proceeds. Purchases were made at an average price of $2.09 per share, with specific transactions on May 20 for 2,500 shares at $1.98 and on May 22 for 5,000 shares at $2.14. The report was signed by James F. Haran, Chief Financial Officer, on May 22, 2026.