X3 Holdings implements 1-for-6 share consolidation starting Dec. 30

X3 Holdings Co., Ltd. (NASDAQ: XTKG) announced it will implement a 1-for-6 share consolidation effective December 30, 2025, according to a company statement.

The consolidation will automatically convert every six ordinary shares into one share. The company will simultaneously reduce the par value of ordinary shares from $48.00 to $0.00003 per share through a capital reduction of $47.99997 per share.

Following the changes, X3 Holdings' authorized share capital will be $150,000, divided into 4.98 billion Class A ordinary shares and 20 million Class B ordinary shares, each with a par value of $0.00003.

The company's Class A ordinary shares will begin trading on the post-consolidation basis when markets open December 30, 2025. The shares will continue trading on The Nasdaq Capital Market under the symbol "XTKG" with a new CUSIP number G72007142.

Outstanding warrants and equity rights will be proportionally adjusted to reflect the consolidation. Shareholders entitled to fractional shares will receive cash instead of fractional shares. The Grant Court of the Cayman Islands approved the capital reduction on April 10, 2025, and shareholders approved both actions at an extraordinary general meeting on February 10, 2025.

Transhare Corporation serves as the transfer agent and exchange agent for the consolidation. Shareholders holding stock certificates will receive instructions for exchanging old certificates for new ones, while those holding shares in brokerage accounts do not need to take action.

X3 Holdings operates across digital technologies, cryptomining operations, renewable energy and agriculture technologies. The Singapore-based company has subsidiaries and operations globally.

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