Company: XTKG
Filing Date: 2025-06-04
Form Type: 424B5
Source: 0001213900-25-051196
Chunk: 26

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-06-04
Form: 424B5
Chunk 26
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 proceeds from this offering, we may use the proceeds in ways with which you disagree.

Our management will have significant
flexibility in applying the net proceeds of this offering. You will be relying on the judgment of our management with regard to the use
of those net proceeds, and you will not have the opportunity, as part of your investment decision, to influence how the proceeds are being
used. It is possible that the net proceeds will be invested in a way that does not yield a favorable, or any, return for us. The failure
of our management to use such funds effectively could have a material adverse effect on our business, financial condition, operating results,
and cash flow.

Future sales of our Class A Ordinary Shares, whether by us or our shareholders, could cause the price of our Class A Ordinary Shares to decline.

If our existing shareholders
sell, or indicate an intent to sell, substantial amounts of our Class A Ordinary Shares in the public market, the trading price of our
Class A Ordinary Shares could decline significantly. Similarly, the perception in the public market that our shareholders might sell our
Class A Ordinary Shares could also depress the market price of our shares. A decline in the price of our Class A Ordinary Shares might
impede our ability to raise capital through the issuance of additional Class A Ordinary Shares or other equity securities. In addition,
the issuance and sale by us of additional Class A Ordinary Shares, or securities convertible into or exercisable for our Class A Ordinary
Shares, or the perception that we will issue such securities, could reduce the trading price for our Class A Ordinary Shares as well as
make future sales of equity securities by us less attractive or not feasible.

We do not know whether a market for our Class A Ordinary Shares will be sustained or what the trading price of the Class A Ordinary Shares will be and as a result it may be difficult for you to sell your Class A Ordinary Shares.

Although our Class A Ordinary
Shares trade on Nasdaq, an active trading market for the Class A Ordinary Shares may not be sustained. It may be difficult for you to
sell your Class A Ordinary Shares without depressing the market price for the Class A Ordinary Shares. As a result of these and other
factors, you may not be able to sell your Class A Ordinary Shares. Further, an inactive market may also impair our ability to raise capital
by selling Class A Ordinary Shares, or may impair our ability to enter into strategic partnerships or acquire companies or products by
using our Class A Ordinary Shares as consideration.