X3 Holdings Announces Annual General Meeting Results
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.
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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
Details
News Market Reaction – XTKG
On Feb 17, the first trading day after this news, XTKG closed 31.09% below the previous close.
Data tracked by StockTitan Argus for the Feb 17 session.
Key Figures
- AGM date
- February 9, 2026
- Date resolutions, including Share Consolidation, were approved
Historical Context
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Announced enterprise agentic AI deployments for global trade and services.
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Disclosed 1-for-6 consolidation and large capital reduction for Class A shares.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
nasdaq marketplace rule 5550(a)(2) regulatory
form 6-k regulatory
AI-generated analysis. How Rhea-AI works. 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.
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