X3 Holdings Announces Share Consolidation
X3 Holdings (Nasdaq: XTKG) will effect a 1-for-6 share consolidation and a corresponding capital reduction, both effective December 30, 2025.
Rhea-AI Summary
X3 Holdings (Nasdaq: XTKG) will effect a 1-for-6 share consolidation and a corresponding capital reduction, both effective December 30, 2025. The company's par value per ordinary share will be reduced from US$48.00 to US$0.00003 by cancelling paid-up capital of US$47.99997 per share.
Shareholder approval occurred at an extraordinary meeting on February 10, 2025; the Cayman Court order was registered April 10, 2025. Post-reduction Class A shares will trade on Nasdaq under XTKG with new CUSIP G72007142. Outstanding warrants and equity rights will be proportionately adjusted; fractional entitlements will be paid in cash.
Positive
- Share consolidation ratio: 1-for-6
- Par value reduced from $48.00 to $0.00003
- Effective date: December 30, 2025
- Post-reduction trading continues under XTKG with CUSIP G72007142
- Outstanding warrants and equity rights proportionately adjusted
Negative
- No fractional shares issued; affected holders receive cash in lieu
- Capital reduction cancels $47.99997 paid-up capital per share
Details
News Market Reaction – XTKG
In the Dec 26 session, XTKG declined 15.43%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Share consolidation ratio
- 1-for-6
- Ordinary share consolidation effective December 30, 2025
- Old par value
- US$48.00 per share
- Par value before Capital Reduction
- New par value
- US$0.00003 per share
- Par value after Capital Reduction
- Capital reduction amount
- US$47.99997 per share
- Paid-up capital cancelled per share
- Authorized share capital
- US$150,000
- Post-Capital Reduction authorized capital
- Authorized Class A shares
- 4,980,000,000 shares
- Class A ordinary shares at US$0.00003 par value
- Authorized Class B shares
- 20,000,000 shares
- Class B ordinary shares at US$0.00003 par value
- Effective date
- December 30, 2025
- Effective date of Share Consolidation and Capital Reduction
Key Terms
par value financial
reduction of capital financial
warrants financial
CUSIP technical
transfer agent financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
On April 10, 2025, the Grant Court of the
The Company's Class A ordinary shares are expected to begin trading on a post-capital reduction basis at the open of the market session on December 30, 2025. Upon the market opening on December 30, 2025, the Company's Class A ordinary shares will continue to be traded on The Nasdaq Capital Market under the symbol "XTKG" with the new CUSIP number G72007142.
As a result of the Share Consolidation, every six (6) shares of the Company's ordinary shares will be automatically consolidated into one ordinary share. Outstanding warrants and other outstanding equity rights will be proportionately adjusted to reflect the Share Consolidation. No fractional shares will be issued in connection with the Share Consolidation. Shareholders otherwise entitled to receive a fractional ordinary share as a result of the Share Consolidation will receive cash in lieu of such fractional ordinary share. The Company's transfer agent, Transhare Corporation, which is also acting as the exchange agent for the Share Consolidation, will send instructions to shareholders of record who hold stock certificates regarding the exchange of their old certificates for new certificates, should they wish to do so. Shareholders who hold their shares in brokerage accounts or "street name" are not required to take action to implement the exchange of their shares.
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 as defined by the Private Securities Litigation Reform Act of 1995. 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. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements; specifically, the Company's statements regarding listing on the NASDAQ Capital Market and the IPO are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in the markets that the Company operates and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
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SOURCE X3 Holdings Co., Ltd.
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