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Stock impact report

X3 Holdings Announces Share Consolidation

X3 Holdings Co., Ltd. - Ordinary Shares (XTKG) 
Company Research Source: PR Newswire
SINGAPORE, Nov. 20, 2024 /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 it will effect a share consolidation of its ordinary shares at a ratio of 1-for-20, effective on November 22, 2024 (the "Share Consolidation"). The Company's ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on November 22, 2024. Upon the market opening on November 22, 2024, the Company's ordinary shares will continue to be traded on The Nasdaq Capital Market under the symbol "XTKG" with the new CUSIP number G72007134.As a result of the Share Consolidation, every twenty (20) shares of the Company's ordinary shares will be automatically consolidated into one ordinary share. Outstanding warrants and other outstanding equity rights will be proportionately adjusted to reflect the Share Consolidation. No fractional s Show less Read more
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