Company: XTKG
Filing Date: 2025-04-25
Form Type: 20-F
Source: 0001213900-25-035626
Chunk: 153

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-04-25
Form: 20-F
Item: Item 6
Chunk 153
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-253408), representing 1,907 (post-reverse stock split adjusted to 317) Class A ordinary shares issuable under our
Amended 2018 Stock Option Plan (the “ First Amendment”). The Company has issued certain options to the employees, advisors,
and consultants (collectively the “ Participants”) of the Company under the Amended Plan to purchase in an aggregate amount
of 1,907 (post-reverse stock split adjusted to 317) Class A ordinary shares the grants have been made under the plan as of the date hereof.

On June 16, 2022, the Board
approved to the proposal to modify the Company’s Amended 2018 Stock Option Plan (the “ Second Amendment”, and collectively
with the 2018 Plan and the First Amendment, the “ Amended 2018 Plan”) by supplementing various clauses in relation to the grant
of Restricted Shares and Restricted Shares Units to the employees, directors and consultants.

On July 8, 2022, the Board
approved to register all the shares issuable under the Company’s Amended 2018 Stock Option Plan in a registration statement on a
Form S-8 (File No. 333-266092), representing 4,161 (post-reverse stock split adjusted to 693) Class A ordinary shares issuable under our
Amended 2018 Plan. The Company has granted certain Restricted Shares and Restricted Shares Units to the Participants of the Company under
the Amended Plan to purchase in an aggregate amount of 2,500 (post-reverse stock split adjusted to 416) Class A ordinary shares and the
grants have been made under such plan as of the date hereof.

On January 20, 2023, the Board
approved to register all the shares issuable under the Company’s Amended 2018 Plan in a registration statement on a Form S-8 (File
No. 333-269513) representing additional 12,973 (post-reverse stock split adjusted to 2,162) Class A ordinary shares of the Company reserved
for issuance under the Amended 2018 Plan, which are in addition to the 83,211 (post-reverse stock split adjusted to 693) Class A ordinary
shares registered on the Prior Registration Statement. Accordingly, the number of ordinary shares of the Company issuable upon the exercise
of all outstanding options granted under the Amended 2018 Plan is 17,134 (post-reverse stock