Xcel Brands Enters $15M Common Stock Purchase Agreement With White Lion Capital

Purchase Agreement

 

On January 21, 2026 (the "Execution Date"), Xcel Brands, Inc. (the "Company") entered into a common stock purchase agreement (the "Purchase Agreement") and a registration rights agreement (the "Registration Rights Agreement"), with White Lion Capital, LLC (the "Investor"), pursuant to which the Investor has committed to purchase up to $15.0 million of the Company's common stock, par value $0.001 per share (the "Common Stock"), subject to certain limitations and satisfaction of the conditions set forth in the Purchase Agreement.

 

Under the terms and subject to the conditions set forth in the Purchase Agreement, the Company has the right, but not the obligation, to sell to the Investor, and the Investor is obligated to purchase, up to $15.0 million of the Company's Common Stock (the "Purchase Notice Shares"). Such sales of Common Stock by the Company, if any, will be subject to certain limitations specified in the Purchase Agreement and may occur from time to time, at the Company's sole discretion, during the 24-month period beginning on the date of the Purchase Agreement (the "Commitment Period").