X3 Holdings Announces Annual General Meeting Results
Rhea-AI Summary
X3 Holdings (Nasdaq: XTKG) announced that all resolutions at its Annual General Meeting on February 9, 2026, were duly passed, including a shareholder-approved Share Consolidation.
The consolidation is being implemented to regain compliance with Nasdaq Rule 5550(a)(2). Shareholder percentage ownership will remain substantially unchanged; fractional shares will be redeemed for cash at post-consolidation closing price. Shareholders holding shares at brokerages need take no action.
Positive
- Share Consolidation approved to regain Nasdaq Rule 5550(a)(2) compliance
- Shareholder percentage ownership will remain substantially unchanged
- Brokerage-held shares automatically adjusted; no shareholder action required
- Fractional shares to be redeemed for cash at post-consolidation closing price
Negative
- Minor ownership changes may occur from fractional-share cash redemptions
- Effectiveness pending company announcement and implementation timing
Market Reaction
Following this news, XTKG has declined 37.41%, reflecting a significant negative market reaction. Our momentum scanner has triggered 38 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $0.11. This price movement has removed approximately $3M from the company's valuation.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Key Figures
Market Reality Check
Peers on Argus
XTKG fell 15.69% while close software peers showed mixed moves (e.g., DMRC -3.76%, EGAN +2.57%, MAPS flat-to-down in momentum data), pointing to stock-specific dynamics around its capital and listing structure.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 12 | AI deployment update | Positive | -15.7% | Announced enterprise agentic AI deployments for global trade and services. |
| Dec 26 | Share consolidation plan | Negative | -15.4% | Disclosed 1-for-6 consolidation and large capital reduction for Class A shares. |
Recent news, whether operational (AI deployments) or capital-structure related (prior consolidation), has been followed by double-digit single-day declines.
Over the last several months, XTKG’s notable disclosures have centered on operations and capital structure. On Dec 26, 2025, the company detailed a 1-for-6 share consolidation and substantial par value reduction, after which the stock moved -15.43%. On Feb 12, 2026, X3 announced progress in enterprise deployments of agentic AI for global trade, yet the 24‑hour reaction was also negative at -15.69%. Against this backdrop, the latest AGM-approved share consolidation fits an ongoing pattern of structural adjustments amid share price weakness.
Market Pulse Summary
The stock is dropping -37.4% following this news. The decline reflects ongoing market skepticism toward XTKG’s restructuring efforts. Despite the AGM formally approving a share consolidation to address Nasdaq’s minimum bid price rules, the stock sat at $0.1727, well below its 200‑day MA of $8.51 and 98.94% under its 52‑week high. Earlier announcements on AI deployments and prior consolidation and capital reduction moves also saw ~15% negative reactions, suggesting a pattern of pressure following structural or strategic updates.
Key Terms
nasdaq marketplace rule 5550(a)(2) regulatory
form 6-k regulatory
AI-generated analysis. Not financial advice.
The Company will shortly implement and announce the effectiveness of the Share Consolidation, which was passed by the shareholders at the Annual General Meeting. The Share Consolidation is primarily being effectuated to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) related to the minimum price per share of the Company's ordinary shares. Immediately after the Share Consolidation, each shareholder's percentage ownership interest in the Company will remain unchanged, except for minor changes and adjustments that will result from the treatment of fractional shares. The rights and privileges of the holders of ordinary shares will be substantially unaffected by the Share Consolidation. No fractional shares will be issued in connection with the Share Consolidation, but all such fractional shares shall be redeemed in cash for the fair value of such fractional share, such fair value being the closing price of the ordinary shares on a post-consolidation basis on the applicable trading market on the first trading date of the ordinary shares following the Share Consolidation. Shareholders who are holding their shares in electronic form at brokerage firms do not need to take any action, as the effect of the Share Consolidation will automatically be reflected in their brokerage accounts.
The full text of each resolution was included in the Notice of the Annual General Meeting, which was filed with the Securities and Exchange Commission on Form 6-K on January 12, 2026. The full text of each resolution is also available on the Company's website www.x3holdings.com. Capitalized terms not otherwise defined in this announcement shall have the meanings assigned to them in the Company's Notice of the Annual General Meeting dated January 12, 2026.
About X3 Holdings
X3 Holdings Co., Ltd. (Nasdaq: XTKG) is a global provider of digital solutions and technology services spanning diverse industries. The Company is operating across diversified business segments in digital technologies, cryptomining operations, renewable energy and agriculture technologies. X3 Holdings is headquartered in
Safe Harbor Statement
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements include, among others, statements regarding the Company's plans to regain compliance with the minimum bid price requirement. The Company's actual results may differ materially from those expressed in any forward-looking statements as a result of various factors and uncertainties. The reports filed by the Company with the Securities and Exchange Commission discuss these and other important factors and risks that may affect the Company's business, results of operations and financial conditions. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
View original content:https://www.prnewswire.com/news-releases/x3-holdings-announces-annual-general-meeting-results-302687425.html
SOURCE X3 Holdings Co., Ltd.
FAQ
What did X3 Holdings (XTKG) shareholders approve at the February 9, 2026 AGM?
How will the XTKG Share Consolidation affect my ownership percentage?
Will XTKG shareholders holding shares at brokerages need to take action after the consolidation?
What happens to fractional shares after the XTKG Share Consolidation?
When will X3 Holdings (XTKG) announce the effective date of the Share Consolidation?
