Company: XTKG
Filing Date: 2025-06-04
Form Type: 424B5
Source: 0001213900-25-051196
Chunk: 70

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-06-04
Form: 424B5
Chunk 70
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 Association. The
board may issue options, warrants, convertible securities or other similar nature securities.

Ordinary Shares.
Our ordinary shares are divided into Class A ordinary shares and Class B ordinary shares. Holders of our Class A ordinary shares and Class
B ordinary shares have the same rights except for voting and conversion rights. Our ordinary shares are issued in registered form and
are issued when registered in our register of members.

Conversion.
Each Class B ordinary share is convertible into one Class A ordinary share at any time at the option of the holder thereof. Class A ordinary
shares are not convertible into Class B ordinary shares under any circumstances.

Dividends. The
holders of our Ordinary Shares are entitled to such dividends as may be declared by our Board. Our Seventh Amended and Restated Memorandum
and Articles of Association provide that our Board may declare and pay dividends out of the profits of the Company, realized or unrealized,
or from any reserve set aside from profits which the directors determine is no longer needed, or out of share premium account or any other
fund or account which can be authorized for this purpose in accordance with the Law.

Voting Rights.In
respect of all matters subject to a shareholder’s vote, at any general meeting on a show of hands every Shareholder present in person
(or being a corporation, is presented by a duly authorized representative), or by proxy shall have one vote and on a poll every Shareholder
present in person or by proxy or, in the case of a Shareholder being a corporation, by its duly authorized representative shall have one
(1) vote for each Class A ordinary share and thirty (30) votes for each Class B ordinary share of which he is the holder but so that no
amount paid up or credited as paid up on a share in advance of calls or instalments is treated for the foregoing purposes as paid up on
the share. A quorum required for a meeting of shareholders consists of one shareholder who holds at least one-third of our issued voting
shares. Shareholders’ meetings may be held annually. Each general meeting, other than an annual general meeting, shall be an extraordinary
general meeting. Extraordinary general meetings may be called by a majority of our Board or upon a requisition of shareholders holding
at the date of deposit of the requisition not less one-tenth of such of the paid-up share capital of our Company that carries the right
to vote at a general meeting, forthwith proceed to convene an extraordinary general meeting. An ordinary resolution to be