Company: XTKG
Filing Date: 2025-04-25
Form Type: 20-F
Source: 0001213900-25-035626
Chunk: 262

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-04-25
Form: 20-F
Item: Item 19
Chunk 262
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40,000,000,000divided into833,333,333shares of par value of $48each, consisting of830,000,000Class A ordinary
shares of a par value of $48each and3,333,333Class B ordinary shares of a par value of $48each, to $240,000,000,000divided into5,000,000,000shares of par value of $48each, consisting of4,996,666,667Class A ordinary shares of a par value of $48each and3,333,333Class B
ordinary shares of a par value of $48each, by creation of an additional4,166,666,667Class A ordinary shares of a nominal or par value
of $48each; (c)16,666,667Class A ordinary shares of the additional4,166,666,667authorized Class A ordinary shares be re-designated
as Class B ordinary shares, such that the authorized share capital of the Company shall be changed to $240,000,000,000divided into (i)4,980,000,000Class A ordinary shares of a par value of US$48each; and (ii)20,000,000Class B ordinary shares of a par value of $48each; (d) the par value of each of the issued and unissued ordinary shares be reduced from $48.00to $0.00003per share by cancelling
the paid-up share capital to the extent of $47.99997per share by way of a reduction of capital, so as to form new ordinary shares with
par value of $0.00003each, such that the authorized share capital of the Company shall be changed to $150,000divided into (i)4,980,000,000Class A ordinary shares of a par value of $0.00003each; and (ii)20,000,000Class B ordinary shares of a par value of $0.00003each.

All historical share and per
share amounts in these condensed financial statements have been retroactively adjusted to reflect the share consolidation.

The Company had13,755,975(post-reverse stock split adjusted2,292,652) and12,973,172(post-reverse stock split adjusted to2,162,186) Class A ordinary shares
issued and outstanding as of December 31, 2024 and 2023, respectively. The Company had12,195(post-reverse