X3 Acquisition Corp. Ltd. insider filing shows sponsor’s stake. A Form 3 reports that an entity associated with Chairman and CEO Andrew Redleaf, X3 Acquisition Management LLC, holds derivative securities tied to 5,750,000 Class B ordinary shares.
The Class B ordinary shares will automatically convert into Class A ordinary shares on a one-for-one basis upon, or immediately after, the company’s initial business combination, or earlier at the option of the holders, and they have no expiration date. The position is reported as held indirectly, and Andrew Redleaf disclaims beneficial ownership of these shares except to the extent of any pecuniary interest he may have.
X3 Acquisition Corp. Ltd. director reports no share ownership
David H. Lui, a director of X3 Acquisition Corp. Ltd. (ticker XCBE), filed an initial insider ownership report as of 01/20/2026. The filing states that no securities of the company are beneficially owned, and both the non-derivative and derivative holdings tables are effectively empty. This means the director reports holding no common shares, options, warrants, or other convertible securities of the company at this time.
X3 Acquisition Corp. Ltd. director and officer Maitland Hudson Toby George Orlando, who serves as Head of Capital Markets, filed an initial ownership report on Form 3. The filing states that no securities of X3 Acquisition Corp. Ltd. are beneficially owned, and both the non-derivative and derivative securities tables are empty. This means the insider is reporting that, as of the event date of 01/20/2026, they do not hold any reportable shares, options, warrants, or other derivative securities of the company.
X3 Acquisition Corp. Ltd. director reports no share ownership
On a new insider ownership filing, director William Nelson Goetzmann reported that he does not beneficially own any securities of X3 Acquisition Corp. Ltd. This Form 3 establishes his baseline ownership position as a board member, confirming that he holds no direct or indirect non-derivative or derivative securities of the company as of the reported date.