Company: XTKG
Filing Date: 2025-06-04
Form Type: 424B5
Source: 0001213900-25-051196
Chunk: 46

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-06-04
Form: 424B5
Chunk 46
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000,000 (the “Baby Shelf Limitation”). As of January 10, 2025, the
aggregate market value of our outstanding ordinary shares held by non-affiliates was approximately $18.85 million, based on 13,755,975
ordinary shares held by non-affiliates as of such date at a price of $1.37 per share on January 10, 2025, which was the highest closing
price of our ordinary shares on Nasdaq within 60 days of the filing date of this registration statement. During the 12 calendar months
prior to and including the date of this prospectus, we have not offered or sold any securities pursuant to General Instruction I.B.5
of Form F-3.

Our Ordinary Shares are currently
listed on Nasdaq under the symbol “XTKG.” On March 3, 2025, the last reported sale price of our ordinary shares on Nasdaq
was US$0.556 per share. The applicable prospectus supplement will contain information, where applicable, as to other listings, if any,
on Nasdaq or other securities exchange of the securities covered by the prospectus supplement.

Investing in our securities involves risks. You should carefully review the risks described under the heading “Risk Factors” beginning on page 10 and in the documents which are incorporated by reference herein before you invest in our securities.

Our Company is not an operating
company but a Cayman Islands holding company. Our operations are primarily conducted through our subsidiaries in Singapore and the PRC.
Investors investing in our ordinary shares thus are purchasing equity interest in a Cayman Islands holding company and not in an operating
entity.

We face various risks and
uncertainties relating to doing business in China. A substantial part of our business operations is conducted in China, and we are subject
to complex and evolving PRC laws and regulations. For example, we face risks associated with regulatory requirements on overseas offerings,
anti-monopoly regulatory actions, and oversight on cybersecurity and data privacy, which may impact our ability to conduct certain businesses,
accept foreign investments, or list and conduct offerings on a stock exchange in the United States or other foreign jurisdiction, and
we are required to make filings with the CSRC for applicable securities offerings, including an offering made pursuant to this prospectus.
We are required to file with the CSRC within three working days after the subsequent securities offering made pursuant to this prospectus
is completed and we might face warnings or fines if we fail to fulfill related filing procedure