Xwell Divests XpresSpa and XpresTest for $13M
Xwell announced that the company has entered into a definitive agreement with an affiliate of Face Haus, Express Wellness Group, under which Xwell will divest its XpresSpa and XpresTest businesses for $13M, subject to certain closing adjustments. The transaction, which is expected to close later in 2026, is subject to Xwell stockholder approval and the satisfaction of other closing conditions.