X3 Holdings moves to remove shares from Nasdaq
A Form 25 notification for X3 Holdings Co., Ltd. describes the removal of its Class A Ordinary Shares from listing and registration on the Nasdaq Stock Market LLC under Section 12(b) of the Securities Exchange Act of 1934.
Rhea-AI Filing Summary
A Form 25 notification for X3 Holdings Co., Ltd. describes the removal of its Class A Ordinary Shares from listing and registration on the Nasdaq Stock Market LLC under Section 12(b) of the Securities Exchange Act of 1934. Nasdaq states it has complied with its rules under 17 CFR 240.12d2-2(b) to strike this class of securities, and the issuer has complied with exchange rules and 17 CFR 240.12d2-2(c) governing voluntary withdrawal.
Positive
- None.
Negative
- Class A Ordinary Shares removed from Nasdaq listing and registration under Section 12(b), ending exchange trading for this class.
Key Figures
Commission File Number: 333-229128
Exchange Act section: Section 12(b)
Regulation reference (exchange): 17 CFR 240.12d2-2(b)
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4 metrics
Commission File Number
333-229128
Identifier for the X3 Holdings Co., Ltd. removal from listing action
Exchange Act section
Section 12(b)
Legal basis for removing Class A Ordinary Shares from Nasdaq listing and registration
Regulation reference (exchange)
17 CFR 240.12d2-2(b)
Rule under which Nasdaq complied with its procedures to strike the class from listing
Regulation reference (issuer)
17 CFR 240.12d2-2(c)
Rule governing the issuer’s voluntary withdrawal of the class from listing and registration
Key Terms
Form 25, Section 12(b) of the Securities Exchange Act of 1934, withdrawal of the class of securities from listing and registration, Nasdaq Stock Market LLC, +2 more
6 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) of the Securities Exchange Act of 1934 regulatory
"removal from listing and/or registration under Section 12(b) of the Securities Exchange Act"
withdrawal of the class of securities from listing and registration regulatory
"governing the voluntary withdrawal of the class of securities from listing and registration"
Nasdaq Stock Market LLC financial
"Issuer: X3 Holdings Co., Ltd. Exchange: Nasdaq Stock Market LLC"
Nasdaq Stock Market LLC is the company that operates the Nasdaq electronic stock exchange, a large centralized marketplace where shares of publicly traded companies are listed and bought and sold. Think of it as a high-speed digital auction house and storefront combined: being listed there gives a company visibility and easier access to many buyers, while investors benefit from transparent prices, fast trades and regulated rules that help protect fair trading.
17 CFR 240.12d2-2(b) regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules"
17 CFR 240.12d2-2(c) regulatory
"the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 25 filing for X3 Holdings (XTKG) describe?
It describes the removal of X3 Holdings’ Class A Ordinary Shares from listing and registration on the Nasdaq Stock Market LLC under Section 12(b). The notification confirms that both Nasdaq and the issuer have followed the applicable delisting and voluntary withdrawal rules.
Which X3 Holdings (XTKG) securities are affected by this Nasdaq action?
The action concerns X3 Holdings’ Class A Ordinary Shares. These shares are being struck from listing and registration on Nasdaq, meaning they will no longer trade on that exchange under Section 12(b) of the Securities Exchange Act of 1934.
Under what regulations is the X3 Holdings (XTKG) delisting taking place?
The delisting is made under Section 12(b) of the Securities Exchange Act of 1934 and rules 17 CFR 240.12d2-2(b) and 17 CFR 240.12d2-2(c). These provisions govern exchange procedures and issuer requirements for striking securities from listing and withdrawing registration.
Who is responsible for the X3 Holdings (XTKG) Form 25 and what is certified?
Nasdaq Stock Market LLC is the certifying party on the Form 25. It states it has reasonable grounds to believe it meets all requirements for filing and has complied with its rules for striking the securities from listing and withdrawing registration.
Has X3 Holdings (XTKG) complied with requirements for voluntary withdrawal from Nasdaq?
Yes. The notification states the issuer has complied with the exchange’s rules and with 17 CFR 240.12d2-2(c), which governs the voluntary withdrawal of a class of securities from listing and registration on a national securities exchange.
AI-generated analysis. How Rhea-AI works. Not financial advice.
