Company: XTKG
Filing Date: 2025-06-04
Form Type: 424B5
Source: 0001213900-25-051196
Chunk: 47

Company: X3 Holdings Co., Ltd.
Filing Date: 2025-06-04
Form: 424B5
Chunk 47
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. Although there are still uncertainties
regarding the interpretation and implementation of relevant regulatory guidance, our operations could be adversely affected, directly
or indirectly, by existing or future laws and regulations relating to its business or industry. These risks could materially and adversely
impact our operations and the value of our ordinary shares, significantly limit or completely hinder our ability to continue to offer
securities to investors, or cause the value of such securities to significantly decline or become worthless.

The PRC government’s
significant authority in regulating our operations and its oversight and control over offerings conducted overseas by, and foreign investment
in, China-based issuers could significantly limit or completely hinder our ability to offer or continue to offer securities to investors.
Implementation of industry-wide regulations in this nature, such as data security or anti-monopoly related regulations, may cause the
value of such securities to significantly decline. For more details, see “Risk Factors — Risks Related to Doing
Business in China — The Chinese government may exert substantial influence over the manner in which we must conduct
our business activities. We are currently not required to obtain approval from Chinese authorities to issue securities to foreign investors,
however, if our subsidiaries or the holding company were required to obtain approval in the future and were denied permission from Chinese
authorities to list on U.S. exchanges, we will not be able to continue listing on U.S. exchange, which would materially affect the interest
of the investors.” in our most recent annual report on Form 20-F.

Risks and uncertainties regarding
the interpretation and enforcement of laws and quickly evolving rules and regulations in China, could result in a material adverse change
in our operations and the value of our securities. Risks and uncertainties arising from the legal system of China, including those relating
to the interpretation and enforcement of PRC laws and regulations and that rules and regulations in China can change quickly with little
advance notice, could limit the legal protections available to you and us, hinder our ability and the ability of any holder of our securities
to offer or continue to offer such securities, result in a material adverse change to our business operations, and damage our reputation,
which would materially and adversely affect our financial condition and results of operations and cause our securities to significantly
decline in value or become worthless. For more details, see “Risk Factors — Risks Related to Doing Business in
China — Uncertainties with respect to the interpretation and enforcement of PRC laws, rules and regulations could have
a material adverse effect on us.” in our