X3 Holdings Co. Ltd. Announces $9.6 Million Securities Purchase Agreement

Reuters

06-05

X3 Holdings Co. Ltd. Announces $9.6 Million Securities Purchase Agreement

X3 Holdings Co. Ltd., a Cayman Islands company, announced a Securities Purchase Agreement dated May 19, 2025. The agreement involves the sale of up to approximately $9.6 million of Class A Ordinary Shares to various purchasers. The shares are issued under an effective registration statement in compliance with the Securities Act of 1933. The transaction will be executed via wire transfer, with settlement occurring post-receipt of funds and filing of the Prospectus Supplement. The agreement ensures that no purchaser's beneficial ownership exceeds 9.99% of the outstanding ordinary shares immediately prior to share issuance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. X3 Holdings Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-051192), on June 04, 2025, and is solely responsible for the information contained therein.

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Ltd. Announces $9.6 Million Securities Purchase Agreement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-05 04:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      X3 Holdings Co. Ltd. Announces $9.6 Million Securities Purchase Agreement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        X3 Holdings Co. Ltd., a Cayman Islands company, announced a Securities Purchase Agreement dated May 19, 2025. 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Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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