Company: XTKG
Filing Date: 2025-06-04
Form Type: 424B5
Source: 0001213900-25-051196
Chunk: 61

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-06-04
Form: 424B5
Chunk 61
---
 We maintain a website at www.x3holdings.com that contains information about our company, though no information contained on our website is part of this prospectus. Summary of Risk Factors Investing in our ordinary shares involves significant risks. You should carefully consider all of the information in this prospectus before making an investment in our ordinary shares. Below please find a summary of the principal risks we face, organized under relevant headings. These risks are discussed more fully in “Item 3. Key Information — D. Risk Factors” in our annual report on Form 20-F for the fiscal year ended December 31, 2023, which is incorporated herein by reference. Risks Related to Our Business and Industry Risks and uncertainties related to our business and industry include, but are not limited to, the following:

| ● | Economic uncertainties or downturns could materially adversely affect our business. |

| ● | The growth and success of our business depends on our ability to develop new services and enhance existing services in order to keep pace with rapid changes in technology. |

| ● | If we do not succeed in attracting new customers for our services and growing revenues from existing customers, we may not achieve our revenue growth goals. |

| ● | We may be unable to effectively manage our expansion for the anticipated growth, which could place significant strain on our management personnel, systems and resources. We may not be able to achieve anticipated growth, which could materially and adversely affect our business and prospects. |

<div align='center'>7</div>

| ● | We face risks associated with having an extended selling and implementation cycle for our services that require us to make significant resource commitments prior to realizing revenues for those services. |

| ● | Adverse changes in the economic environment, either in China or globally, could reduce our customers’ purchases from us and increase pricing pressure, which could materially and adversely affect our revenues and results of operations. |

| ● | We generate a significant portion of our revenues from a relatively small number of major customers and loss of business from these customers could reduce our revenues and significantly harm our business. |

| ● | We may be forced to reduce the prices of our services due to increased competition and reduced bargaining power with our customers, which could lead to reduced revenues and profitability. |

| ● | A portion of our income is generated, and will in the future continue to be generated, on a project basis with a fixed price; we may not be able to accurately estimate costs and determine resource requirements in relation to our projects, which would reduce our margins and