Company: XTKG
Filing Date: 2025-07-17
Form Type: 424B5
Source: 0001213900-25-064921
Chunk: 36

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-07-17
Form: 424B5
Chunk 36
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 proceeds of this offering differently than as described in this prospectus supplement.
Unforeseen events or changed business conditions may result in application of the proceeds of this offering in a manner other than as
described in this prospectus supplement.

To the extent that the net
proceeds we receive from this offering are not immediately applied for the above purposes, we plan to invest the net proceeds in bank
deposits.

<div align='center'>S-19

DIVIDEND POLICY</div>

We have never declared or
paid any cash dividends on our Ordinary Shares. We anticipate that we will retain any earnings to support operations and to finance the
growth and development of our business. Therefore, we do not expect to pay cash dividends in the foreseeable future. Any future determination
relating to our dividend policy will be made at the discretion of our board of directors and will depend on a number of factors, including
future earnings, capital requirements, financial conditions, and future prospects and other factors the board of directors may deem relevant.

<div align='center'>S-20

DESCRIPTION OF SECURITIES WE ARE OFFERING</div>

Ordinary Shares

As of the date of this prospectus
supplement, our authorized share capital was US$5,000,000,000 divided into (i) 4,980,000,000 Class A ordinary shares of a par value of
US$0.00003 each; and (ii) 20,000,000 Class B ordinary shares of a par value of US$0.00003 each. As of the date of this prospectus supplement,
there are 6,007,767 Class A ordinary shares issued and outstanding, including the Class A ordinary shares being offered hereunder, and
202,032 Class B ordinary shares issued and outstanding.

Our Eighth Amended and Restated Memorandum and Articles of Association

The following are summaries
of material provisions of our Eighth Amended and Restated Memorandum and Articles of Association and the Companies Act insofar as they
relate to the material terms of our ordinary shares.

General.Our
ordinary shares are fully paid and non-assessable. Our ordinary shares are issued in registered form and are issued when registered in
our register of members.

Dividends.The
holders of our ordinary shares are entitled to such dividends as may be declared by our board of directors. In addition, our shareholders
may declare dividends by ordinary resolution, but no dividend shall exceed the amount recommended by our directors. Our Eighth Am