XWELL Inc Announced That Employment Of Valerie Lightfoot As CFO Did Not Commence On June 12; Co Decided To Move In A Different Direction In Connection With Its Ongoing Search For A Permanent CFO
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XWELL Inc announced that the employment of Valerie Lightfoot as CFO did not commence on June 12, as the company decided to move in a different direction in its ongoing search for a permanent CFO.

June 16, 2023 | 8:24 pm
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XWELL Inc's decision to not employ Valerie Lightfoot as CFO and continue its search for a permanent CFO may cause uncertainty among investors.
XWELL Inc's decision to not employ Valerie Lightfoot as CFO and continue its search for a permanent CFO may cause uncertainty among investors, as it indicates a lack of stability in the company's management. This could potentially lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100