Company: XTKG
Filing Date: 2025-07-17
Form Type: 424B5
Source: 0001213900-25-064921
Chunk: 91

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-07-17
Form: 424B5
Chunk 91
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 but are not limited to, the following: (1) the Cayman Islands
has a less developed body of securities laws as compared to the United States and these securities laws provide significantly less protection
to investors; and (2) Cayman Islands companies may not have standing to sue before the federal courts of the United States.

Our constitutional documents
do not contain provisions requiring that disputes, including those arising under the securities laws of the United States, between us,
our officers, directors and shareholders, be arbitrated.

All of our operations are
conducted outside the United States, and all of our assets are located outside the United States. All of our officers, except for Mr.
Stewart Lor, our chief executive officer, who is a U.S. citizen, are nationals or residents of jurisdictions other than the United States
and a substantial portion of their assets are located outside the United States. As a result, it may be difficult for a shareholder to
effect service of process within the United States upon these persons, or to enforce against us or them judgments obtained in United States
courts, including judgments predicated upon the civil liability provisions of the securities laws of the United States or any state in
the United States.

We have appointed Puglisi
& Associates, located at Newark, Delaware, as our agent upon whom process may be served in any action brought against us under the
securities laws of the United States.

Conyers Dill & Pearman,
our counsel as to Cayman Islands law, and Zhong Lun Law Firm, our counsel as to PRC law, have advised us, respectively, that there is
uncertainty as to whether the courts of the Cayman Islands and China, respectively, would:

| ● | recognize or enforce judgments of United States courts obtained against us or our directors or officers predicated upon the civil liability provisions of the securities laws of the United States or any state in the United States; or |

| ● | entertain original actions brought in each respective jurisdiction against us or our directors or officers predicated upon the securities laws of the United States or any state in the United States. |

Conyers Dill & Pearman
has advised us that it is uncertain whether the courts of the Cayman Islands will allow shareholders of our Company to originate actions
in the Cayman Islands based upon securities laws of the United States. In addition, there is uncertainty with regard to Cayman Islands
law related to whether a judgment obtained from the U.S. courts under civil liability provisions of U