[SCHEDULE 13G] X3 Acquisition Corp. Ltd. Passive Investment Disclosure (>5%)
Rhea-AI Filing Summary
X3 Acquisition Corp. Ltd. beneficial ownership disclosure: Meteora Capital, LLC and Vik Mittal report shared voting and dispositive power over 1,999,000 shares of Class A Common Stock, equal to 8.88% of the class as of 03/31/2026. The filing lists shared voting and disposal authority rather than sole control.
Positive
- None.
Negative
- None.
Insights
Large passive stake reported with shared control.
Meteora Capital and Vik Mittal report beneficial ownership of 8.88% of Class A Common Stock as of 03/31/2026. The filing specifies shared voting and shared dispositive power over 1,999,000 shares, indicating coordinated influence through managed accounts.
Impact depends on whether the stake is passive or engaged; subsequent filings or disclosures would clarify intentions and potential board or strategic engagement.
Filing documents a near-9% position under shared authority.
The Schedule 13G lists shared voting and dispositive power rather than sole authority, which often reflects pooled or manager-directed holdings across funds. The signature is dated 05/15/2026 while the ownership snapshot is 03/31/2026.
Watch for any future amendments or Form 13D if the reporting persons change from passive to active status.