XWELL, Inc. Regains Nasdaq Compliance

Rhea-AI Summary

XWELL Inc. (Nasdaq: XWEL) has successfully regained compliance with Nasdaq's minimum bid price requirement, ensuring continued listing on The Nasdaq Capital Market. The wellness solutions provider has achieved several notable milestones, including:

• Launch of a redesigned website for streamlined service access
• Opening of first standalone wellness center in Florida
• Recognition as one of Yelp's Most Loved Airport Brands
• Partnership with Orlando Magic as official wellness spa partner

CEO Ezra Ernst emphasized the company's focus on expanding convenient, high-quality self-care services beyond airport locations.

Positive

• Regained Nasdaq listing compliance, avoiding potential delisting
• Expansion beyond airports with first standalone wellness center in Florida
• Strategic partnership with Orlando Magic enhancing brand visibility
• Recognition as one of Yelp's Most Loved Airport Brands

Negative

• Previous non-compliance with Nasdaq minimum bid price requirement indicates historical stock price weakness

Momentum builds as company expands wellness offerings beyond airports and earns industry recognition

NEW YORK, Aug. 11, 2025 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL), a leading provider of wellness solutions for people on the go, today announced that it has received formal notice from The Nasdaq Stock Market LLC indicating that the company has regained compliance with Nasdaq’s minimum bid price requirement under Listing Rule 5550(a)(2). Accordingly, XWELL’s common stock will continue to be listed and traded on The Nasdaq Capital Market.

This compliance milestone reflects XWELL’s ongoing progress as it expands access to wellness experiences through strategic initiatives and new partnerships. In recent months, XWELL unveiled a redesigned website offering streamlined access to all health, wellness, and beauty services, celebrated the grand opening of its first standalone wellness center in Florida, and was recognized as one of Yelp’s Most Loved Airport Brands. Additionally, XWELL was named the official wellness spa partner of the Orlando Magic, further expanding the brand’s visibility and community impact.

“This is an exciting time for XWELL as we bring wellness to life in new and meaningful ways,” said Ezra Ernst, CEO of XWELL. “From reimagining our digital experience to opening our first location beyond the airport, we’re focused on delivering convenient, high-quality self-care wherever our customers need it.”

About XWELL, Inc. 

XWELL, Inc. (Nasdaq: XWEL) is a global wellness holding company that operates a portfolio of brands dedicated to health, beauty, and self-care, including Xpres Spa^®, Naples Wax Center^®, XpresCheck^®, and HyperPointe™. With locations in airports and metropolitan areas across the country, XWELL is redefining the modern wellness experience through innovation, personalization, and accessibility. 

Forward-Looking Statements 
This press release may contain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These include statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: the anticipated use of proceeds from the private placement. Forward-looking statements relating to expectations about future results or events are based upon information available to XWELL as of the date of this press release, and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Additional information concerning these and other risks is contained in the Company’s Annual Report on Form 10-K, as amended, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and other Securities and Exchange Commission filings. All subsequent written and oral forward-looking statements concerning XWELL, or other matters and attributable to XWELL or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. XWELL does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof. 

Valentina Marmolejo (vmarmolejo@mww.com)

FAQ

What did XWELL (XWEL) announce regarding Nasdaq compliance in August 2025?

XWELL announced it has regained compliance with Nasdaq's minimum bid price requirement under Listing Rule 5550(a)(2), ensuring continued listing on The Nasdaq Capital Market.

How is XWELL expanding beyond airport locations in 2025?

XWELL has opened its first standalone wellness center in Florida and launched a redesigned website offering streamlined access to health, wellness, and beauty services.

What major partnerships has XWELL secured in 2025?

XWELL has become the official wellness spa partner of the Orlando Magic, expanding its brand visibility and community impact.

What recognition has XWELL received for its airport services?

XWELL has been recognized as one of Yelp's Most Loved Airport Brands, highlighting its strong reputation in airport wellness services.

Who is the CEO of XWELL and what is their expansion strategy?

CEO Ezra Ernst is leading XWELL's strategy to expand convenient, high-quality self-care services beyond airports, focusing on delivering wellness wherever customers need it.