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Streeterville Capital reports 9.99% stake in X3 Holdings (XTKG)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

X3 Holdings Co., Ltd. Schedule 13G reports that Streeterville Capital LLC beneficially owns 2,048,722 Class A Ordinary Shares, representing 9.99% of the class. The filing ties that percentage to February 4, 2026, when the issuer had 20,507,735 shares outstanding per a Form 424B5. The ownership arises from rights under a convertible promissory note that are contractually capped at 9.99%. Streeterville Management LLC is the manager of Streeterville Capital LLC, and John M. Fife is identified as the sole member of Streeterville Management LLC.

Positive

  • None.

Negative

  • None.

Insights

Large passive stake disclosed; governance relationships clarified.

The filing shows a 9.99% beneficial stake held through conversion rights capped by contract, and names the manager and the individual who controls the manager. That structure clarifies who holds voting and dispositive power for the reported shares.

Timing is anchored to February 4, 2026 for the outstanding share count; subsequent filings would be required to show changes.

Disclosure frames ownership as contractual conversion rights with a contractual cap.

The statement that conversion rights are subject to a 9.99% cap is a substantive qualifier preserved verbatim. The filing attributes sole voting and dispositive power of 2,048,722 shares to Streeterville for Schedule 13G reporting purposes.

Any change in the cap, conversions, or transfers would require updated filings as required by securities rules.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: Reporting Person Streeterville Capital, LLC ("Streeterville") has rights, under a convertible promissory note, to own an aggregate number of shares of the Issuer's Ordinary Shares which, except for a contractual cap on the amount of outstanding shares that Streeterville may own, would exceed such a cap. Streeterville's current ownership cap is 9.99%. Thus, the number of shares of the Issuer's Ordinary Shares beneficially owned by Streetertville as of the date of this filing was 2,048,722 shares, which is 9.99% of the 20,507,735 shares outstanding on February 4, 2026 (as reported in the Issuer's Form 424B5 filed on that date). To clarify, the Form line 11 is limited to displaying only the tenth decimal place, but the ownership limitation prescribed in the agreement is 9.99%.


SCHEDULE 13G




Comment for Type of Reporting Person: Reporting Person Streeterville Management, LLC is the manager of Streeterville. Streeterville has rights, under a convertible promissory note, to own an aggregate number of shares of the Issuer's Ordinary Shares which, except for a contractual cap on the amount of outstanding shares that Streeterville may own, would exceed such a cap. Streeterville's current ownership cap is 9.99%. Thus, the number of shares of the Issuer's Ordinary Shares beneficially owned by Streetertville as of the date of this filing was 2,048,722 shares, which is 9.99% of the 20,507,735 shares outstanding on February 4, 2026 (as reported in the Issuer's Form 424B5 filed on that date). To clarify, the Form line 11 is limited to displaying only the tenth decimal place, but the ownership limitation prescribed in the agreement is 9.99%.


SCHEDULE 13G




Comment for Type of Reporting Person: Reporting Person John M Fife is the sole member of Streeterville Management, LLC which is the manager of Streeterville. Streeterville has rights, under a convertible promissory note, to own an aggregate number of shares of the Issuer's Ordinary Shares which, except for a contractual cap on the amount of outstanding shares that Streeterville may own, would exceed such a cap. Streeterville's current ownership cap is 9.99%. Thus, the number of shares of the Issuer's Ordinary Shares beneficially owned by Streetertville as of the date of this filing was 2,048,722 shares, which is 9.99% of the 20,507,735 shares outstanding on February 4, 2026 (as reported in the Issuer's Form 424B5 filed on that date). To clarify, the Form line 11 is limited to displaying only the tenth decimal place, but the ownership limitation prescribed in the agreement is 9.99%.


SCHEDULE 13G



Streeterville Capital LLC
Signature:John Fife
Name/Title:President
Date:02/24/2026
Streeterville Management LLC
Signature:John Fife
Name/Title:President
Date:02/24/2026
John M Fife
Signature:John Fife
Name/Title:John Fife
Date:02/24/2026

FAQ

What stake does Streeterville Capital LLC report in XTKG?

Streeterville Capital LLC reports beneficial ownership of 2,048,722 shares, or 9.99%. The filing ties that percentage to February 4, 2026, based on 20,507,735 shares outstanding reported in the issuer's Form 424B5.

How is the 9.99% ownership limit described in the filing for XTKG?

The filing states conversion rights are contractually capped at 9.99%. It explains that conversion rights could otherwise exceed that cap but the agreement limits Streeterville's ownership to 9.99% of outstanding shares.

Who are the reporting persons named in the Schedule 13G for XTKG?

The report is filed by Streeterville Capital LLC, Streeterville Management LLC, and John M. Fife. Streeterville Management is the manager of Streeterville Capital LLC and John M. Fife is the sole member of the manager.

What voting and dispositive power is reported for Streeterville in XTKG?

The filing reports sole voting power and sole dispositive power for 2,048,722 shares. Shared voting and shared dispositive powers are reported as 0 for the beneficial owner in the Schedule 13G excerpt.

Does the Schedule 13G state when the outstanding share count was measured for XTKG?

Yes. The filing references an outstanding share count of 20,507,735 as of February 4, 2026, cited from the issuer's Form 424B5 for calculating the 9.99% ownership percentage.
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