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Xtreme One Entertainment Granted Summary Judgment; Court Orders Williamsburg Venture Holdings to Return 6.6 Million Shares Sold in Alleged Fraudulent Transfer of $XONI Stock

$XONIPress releaseJun 12, 2026, 10:42 AM ETRead the release

Xtreme One Entertainment won a Summary Judgment in its lawsuit against Williamsburg Venture Holdings (WVH) for breach of contract and alleged fraud. The court ordered WVH to return 6.6 million shares of XONI stock by June 25, 2026, or pay cash restitution equal to the market value of those shares.

Key figures

Price sold batch 1
0.003
Equity agreement value
10000000
Shares ordered returned
6600000
Shares sold by wvh batch 1
3000000
Shares sold by wvh batch 2
3600000

AI analysis

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