Company: XTKG
Filing Date: 2025-07-17
Form Type: 424B5
Source: 0001213900-25-064921
Chunk: 40

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-07-17
Form: 424B5
Chunk 40
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 if the assets available for distribution amongst our shareholders shall be insufficient to repay the whole
of the share capital, such assets shall be distributed so that, as nearly as may be, the losses shall be borne by our shareholders in
proportion to the par value of the shares held by them. If in a winding up the assets available for distribution amongst our shareholders
shall be more than sufficient to repay the whole of the share capital at the commencement of the winding up, the surplus shall be distributed
amongst our shareholders in proportion to the par value of the shares held by them at the commencement of the winding up subject to a
deduction from those shares in respect of which there are monies due, of all monies payable to our company for unpaid calls or otherwise.

Calls on Shares and Forfeiture of Shares.Our board of directors may from time to time make calls upon shareholders for any amounts unpaid on their
shares in a notice served to such shareholders at least 14 calendar days prior to the specified time of payment. The ordinary shares
that have been called upon and remain unpaid are subject to forfeiture.

Redemption, Repurchase and Surrender of Shares. We may issue shares on terms that such shares are subject to redemption, at our option or at the option
of the holders of these shares, on such terms and in such manner as may be determined by our board of directors. Our company may also
repurchase any of our shares on such terms and in such manner as have been approved by our board of directors or by an ordinary resolution
of our shareholders (provided that no such purchase may be made contrary to the terms or manner recommended by the board of directors).
Under the Companies Act, the redemption or repurchase of any shares may be paid out of our company’s profits or out of the proceeds
of a new issuance of shares made for the purpose of such redemption or repurchase, or out of capital (including share premium account
and capital redemption reserve) if our company can, immediately following such payment, pay its debts as they fall due in the ordinary
course of business. In addition, under the Companies Act no such shares may be redeemed or repurchased (a) unless it is fully paid
up; (b) if such redemption or repurchase would result in there being no shares outstanding; or (c) if the company has commenced
liquidation. In addition, our company may accept the surrender of any fully paid shares for no consideration.

Variations of Rights of Shares.If at any time our share