X3 Holdings (NASDAQ: XTKG) Files Nasdaq Appeal; Shares to Continue Trading Pending Hearings Panel Review

X3 Holdings (NASDAQ: XTKG) filed a timely appeal with the Nasdaq Hearings Panel after receiving a delisting determination.

Rhea-AI Summary

X3 Holdings (NASDAQ: XTKG) filed a timely appeal with the Nasdaq Hearings Panel after receiving a delisting determination. Nasdaq accepted the appeal and the delisting action is stayed, so XTKG ordinary shares will continue trading on The Nasdaq Capital Market while the Panel reviews the matter.

The hearing is scheduled for mid-March 2026. X3 Holdings said it will present a comprehensive compliance plan and remains focused on maintaining its listing and executing long-term business objectives.

Positive

• Trading continuation maintained during Nasdaq appeal
• Appeal was timely filed and accepted by Nasdaq
• Hearing scheduled for mid-March 2026

Negative

• Delisting determination issued by Nasdaq
• Listing status subject to Panel review and uncertainty
• Outcome could risk Nasdaq listing depending on Panel decision

Argus Feb 17 session

-31.09% close to close Open Argus

Details

News Market Reaction – XTKG

On Feb 17, the day this news came out, XTKG closed 31.09% below the previous close.

Data tracked by StockTitan Argus for the Feb 17 session.

Key Figures

Hearing timing: mid-March 2026

Hearing timing

mid-March 2026

Scheduled Nasdaq Hearings Panel review of delisting determination

Historical Context

4 past events · Latest: Feb 13

4 events

1. Feb 13

   AGM & consolidation

   24h Move

   -9.0%

   AGM approval of share consolidation to support Nasdaq minimum bid compliance.

2. Feb 13

   Delisting notice

   24h Move

   -9.0%

   Nasdaq determination to delist after bid stayed below $1 for 32 days.

3. Feb 12

   AI deployment update

   24h Move

   -15.7%

   Announcement of progress in agentic AI deployments with enterprise clients.

4. Dec 26

   Share consolidation

   24h Move

   -15.4%

   1-for-6 share consolidation and capital reduction effective December 30, 2025.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

nasdaq hearings panel, delisting, nasdaq capital market, listing standards

4 terms

nasdaq hearings panel regulatory

"formally filed its appeal with the Nasdaq Hearings Panel (the "Panel")"

A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.

delisting regulatory

"in response to the previously disclosed delisting determination letter from The Nasdaq Stock Market"

Delisting occurs when a company's stock is removed from a stock exchange and is no longer available for trading there. This can happen voluntarily or because the company no longer meets the exchange's requirements. For investors, delisting means they can no longer buy or sell shares of that company on the exchange, which may make it more difficult to sell their investments or affect the stock's value.

View in glossary

nasdaq capital market regulatory

"continue to trade on The Nasdaq Capital Market under the ticker symbol "XTKG""

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

listing standards regulatory

"regaining compliance with Nasdaq's continued listing standards"

Rules set by a stock exchange that determine which companies can be listed and what they must keep doing to stay listed, covering things like financial health, reporting, and governance. They matter to investors because they provide a baseline of transparency and quality—like building codes or club membership rules—so buyers can trust that listed companies meet minimum standards and that market information is more reliable and comparable.

View in glossary

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SINGAPORE, Feb. 17, 2026 /PRNewswire/ -- X3 Holdings Co., Ltd. (NASDAQ: XTKG) ("X3 Holdings" or the "Company") today announced that it has formally filed its appeal with the Nasdaq Hearings Panel (the "Panel") in response to the previously disclosed delisting determination letter from The Nasdaq Stock Market LLC ("Nasdaq").

The Company's appeal was timely submitted and accepted by Nasdaq. As a result, any suspension or delisting action is automatically stayed pending the Panel's final decision. Accordingly, X3 Holdings' ordinary shares will continue to trade on The Nasdaq Capital Market under the ticker symbol "XTKG" throughout the hearings process, subject to Nasdaq rules.

The hearing is currently scheduled to occur in mid-March 2026. The Company will remain listed and actively traded during the period leading up to the hearing and while the Panel completes its review.

X3 Holdings intends to present a comprehensive compliance plan to the Panel and believes it can demonstrate a credible and sustainable path toward regaining compliance with Nasdaq's continued listing standards.

"We acted promptly to protect our Nasdaq listing and our shareholders," said Mr. Stewart Lor, Chief Executive Officer of X3 Holdings. "By filing our appeal, we have secured the continuation of trading during the Panel's review process. We remain focused on executing our compliance strategy and advancing our long-term business objectives."

The Company's operations, strategic initiatives, and business activities continue without interruption. Management remains committed to maintaining its Nasdaq listing and delivering long-term value to shareholders.

About X3 Holdings

X3 Holdings Co., Ltd. (Nasdaq: XTKG) is a global provider of AI solutions and digital services spanning global trade, gaming, education and other industries. Established in 1997, the Company is headquartered in Singapore with subsidiaries and operations globally. For additional information, please visit www.x3holdings.com. 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Nasdaq hearings process, the Company's compliance plans, and its ability to maintain its Nasdaq listing. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, the outcome of the Nasdaq Hearings Panel process, market conditions, and other risks described in the Company's filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements except as required by law.

 

View original content:https://www.prnewswire.com/news-releases/x3-holdings-nasdaq-xtkg-files-nasdaq-appeal-shares-to-continue-trading-pending-hearings-panel-review-302689205.html

SOURCE X3 Holdings Co., Ltd.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Will X3 Holdings (XTKG) keep trading after the Nasdaq delisting determination?

Yes, XTKG shares will continue trading while the appeal is reviewed. According to X3 Holdings, Nasdaq accepted the appeal and the delisting action is automatically stayed, so ordinary shares remain listed on The Nasdaq Capital Market pending the Hearings Panel decision.

When is the Nasdaq hearing for X3 Holdings (XTKG) scheduled?

The hearing is scheduled for mid-March 2026. According to X3 Holdings, the Panel review will occur then and the company will remain listed and actively traded leading up to and during the hearing process.

What did X3 Holdings (XTKG) file with Nasdaq to avoid delisting?

X3 Holdings filed a formal appeal with the Nasdaq Hearings Panel. According to X3 Holdings, the timely appeal was accepted by Nasdaq, which triggers an automatic stay of any suspension or delisting action during Panel review.

What will X3 Holdings (XTKG) present at the Nasdaq Hearings Panel?

X3 Holdings intends to present a comprehensive compliance plan to the Panel. According to X3 Holdings, the plan aims to demonstrate a credible, sustainable path to regain compliance with Nasdaq's continued listing standards.

How does the Nasdaq appeal affect X3 Holdings (XTKG) shareholders now?

Shareholders retain the ability to trade XTKG shares during the appeal review. According to X3 Holdings, trading will continue on The Nasdaq Capital Market while the Hearings Panel completes its review, preserving liquidity until a final decision.