Deal facts
- Buyer
- XMax Inc.
- Target
- Aerora Technology Co., Ltd.
- Deal value
- USD 12,003,287.95
- Announced
- 10 August 2026
- Status
- Completed
- Sector
- Technology
- Country
- Cayman Islands
- Consideration
- cash
Sources
XMax Inc. has agreed to acquire Aerora Technology Co., Ltd. in a strategic acquisition valued at approximately $12 million. The transaction, which involves an all-cash consideration, was announced and completed on 10 August 2026. This deal represents a significant move within the technology sector, as the US-based buyer takes full control of the entity based in the Cayman Islands. The equity value of the deal stands at $12,003,287.95, reflecting the total consideration paid to the shareholders of the target company. The simultaneous announcement and completion dates suggest a streamlined process with minimal regulatory or financing delays. This structure allows XMax Inc. to integrate Aerora Technology’s assets and operations directly into its existing portfolio without the complexities of stock swaps or earn-out provisions. The cash nature of the deal provides immediate liquidity for the sellers and a clear cost basis for the acquirer. The transaction marks a definitive step in the consolidation of technology assets across these jurisdictions. The transaction is now complete and fully executed.
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1 update- CompletedClosed
XMax Inc. completes acquisition of Aerora Technology Co., Ltd.
Item 1.01 Entry into a Material Definitive Agreement Xmax Beta Holdings Ltd., a company incorporated in the Cayman Islands and an indirectly wholly owned subsidiary of XMax Inc. previously contributed an aggregate amount of US$8,770,000 with Preamble X Capital I, a series of Preamble X Capital LLC, a Delaware Limited Liability Company, as disclosed in the Form 8-K filed with SEC on July 10, 2026.
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Buyer history
XMax Inc.
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