Company: XTKG
Filing Date: 2025-06-04
Form Type: 424B5
Source: 0001213900-25-051196
Chunk: 38

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-06-04
Form: 424B5
Chunk 38
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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 capital is divided into different classes or series of shares, the rights attaching to any
class or series (unless otherwise provided by the terms of issue of the shares of that class or series) may, subject to our articles
of association, be varied or abrogated with the consent in writing of the holders of a majority of the issued shares of that class or
series or with the sanction of a special resolution passed at a general meeting of the holders of the shares of that class or series.
The rights conferred upon the holders of the shares of any class or series issued with the preferred or other rights shall not, unless
otherwise expressly provided by the terms of issue of the shares of that class or series, be deemed to be varied by the creation or issue
of further shares ranking in priority thereto or pari passu therewith.

Issuance of Additional Shares. Our Eighth Amended and Restated Memorandum and Articles of Association authorizes our board of directors to issue additional
ordinary shares from time to time as our board of directors