XWELL Stock Surges Over 200% After $31.3 Million Private Placement

XWELL Inc (NASDAQ:XWEL) shares are surging on Wednesday following the company’s announcement of a private placement expected to generate significant proceeds. Here’s what investors need to know.XWELL shares are climbing with conviction. Why is XWEL stock up today?American Ventures Invests $31.3 MillionThe company revealed it entered into a securities purchase agreement with American Ventures, LLC, aiming to raise approximately $31.3 million through the issuance of Series H Convertible Preferred Stock.This p ...