UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2025
Commission File Number: 001-38851
X3 HOLDINGS CO., LTD.
(Translation of Registrant’s name into English)
Suite 412, Tower A, Tai Seng Exchange
One Tai Seng Avenue
Singapore 536464
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
X3 Holdings Has Regained Compliance with Nasdaq’s Minimum Bid Price Requirement
As previously disclosed, on April 10, 2024, X3 Holdings Co., Ltd. (the “Company”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price of its ordinary shares was below US$1.00 per share for a period of 30 consecutive business days and that the Company did not comply with the minimum bid price requirement as set forth in the Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).
The Company was provided 180 calendar days and has received an extension of 180 calendar days to April 7, 2025 to regain compliance with the Minimum Bid Price Requirement. Nasdaq has determined that the closing bid price of the Company’s ordinary shares has been at US$1.00 per share or greater for 10 consecutive business days from March 17, 2025 to April 11, 2025. On April 11, 2025, Nasdaq notified the Company that it has regained compliance with the Minimum Bid Price Requirement and the matter is now closed.
On April 16, 2025, the Company issued a press release announcing that it has regained compliance with the Minimum Bid Price Requirement. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 6-K and is incorporated herein by reference.
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EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press Release dated April 16, 2025 announcing compliance with the Nasdaq Minimum Bid Price Requirement |
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 16, 2025
| X3 HOLDINGS CO., LTD. | ||
| By: | /s/ Stewart Lor | |
| Stewart Lor | ||
| Chief Executive Officer | ||
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Exhibit 99.1
X3 Holdings Has Regained Compliance with Nasdaq’s Minimum Bid Price Deficiency
Singapore, April 16, 2025 /PRNewswire/ — X3 Holdings Co., Ltd. (Nasdaq: XTKG) (the “Company” or “XTKG”), a global provider of digital solutions and technology services spanning diverse industries, today announced that the Company received a written notification (the “Compliance Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated April 11, 2025, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2) (“Minimum Bid Price Requirement”) and the matter is closed.
As previously announced, the Company received a notification letter from the Nasdaq dated April 10, 2024, indicating its failure to maintain a minimum bid price of US$1.00 per share for 30 consecutive business days under Minimum Bid Price Requirement. Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company was provided with 180 calendar days, and has further received an extension of 180 calendar days, to April 7, 2025, in order to regain compliance with the Minimum Bid Price Requirement.
Pursuant to the Compliance Notice, the Company evidenced a closing bid price of its ordinary shares at or greater than US$1.00 per share for 10 consecutive business days from March 17, 2025 to April 11, 2025. Thus, the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is closed.
About X3 Holdings
X3 Holdings Co., Ltd. (Nasdaq: XTKG) is a global provider of digital solutions and technology services spanning diverse industries. The Company is operating across diversified business segments in digital technologies, cryptomining operations, renewable energy and agriculture technologies. X3 Holdings is headquartered in Singapore with subsidiaries and operations globally. For additional information, please visit www.x3holdings.com.
Safe Harbor Statement
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. The Company’s actual results may differ materially from those expressed in any forward-looking statements as a result of various factors and uncertainties. The reports filed by the Company with the Securities and Exchange Commission discuss these and other important factors and risks that may affect the Company’s business, results of operations and financial conditions. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Corporate Investor Relations
Email: ir@x3holdings.com
Website: www.x3holdings.com