Meteora Capital discloses 8.89% X3 Acquisition stake (XCBEU)
Rhea-AI Filing Summary
Meteora Capital, LLC filed a Schedule 13G reporting beneficial ownership of 2,000,000 shares of Class A common stock of X3 Acquisition Corp. Ltd., representing 8.89% of the class as of January 31, 2026.
The shares are held by certain funds and managed accounts advised by Meteora Capital, with shared voting and dispositive power over all 2,000,000 shares and no sole voting or dispositive power. Vik Mittal, Managing Member of Meteora Capital, is also listed as a reporting person. The securities are certified as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of X3 Acquisition Corp. Ltd.
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FAQ
What stake in X3 Acquisition Corp. Ltd. does Meteora Capital report?
Meteora Capital reports beneficial ownership of 2,000,000 X3 Acquisition Corp. Ltd. Class A common shares, representing 8.89% of the class as of January 31, 2026. This positions its managed funds as significant minority holders in the company’s equity.
Who are the reporting persons in the X3 Acquisition (XCBEU) Schedule 13G?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member. The filing covers shares held by certain funds and managed accounts for which Meteora Capital acts as investment manager, with both parties reported together.
Is Meteora Capital’s X3 Acquisition position intended to influence control?
The filing certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of X3 Acquisition Corp. Ltd., apart from activities solely in connection with a nomination under Rule 240.14a-11.
When did Meteora Capital’s X3 Acquisition ownership trigger this Schedule 13G?
The date of the event requiring the Schedule 13G filing is January 31, 2026. As of that date, Meteora Capital and related funds beneficially owned 2,000,000 Class A common shares, crossing the 5% threshold that prompts this type of ownership disclosure.
Where are Meteora Capital and X3 Acquisition Corp. Ltd. headquartered?
X3 Acquisition Corp. Ltd.’s principal executive offices are at 3033 Excelsior Blvd, Suite 343, Minneapolis, MN 55416. The reporting persons’ principal business office is listed as 1200 N Federal Hwy, #200, Boca Raton, FL 33432, reflecting their respective corporate locations.