X3 Holdings Announces Share Consolidation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2024
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Source: Newsfilter
Share Consolidation Announcement: X3 Holdings Co., Ltd. will implement a 1-for-20 share consolidation effective November 22, 2024, with shares continuing to trade on Nasdaq under the symbol "XTKG" and a new CUSIP number.
Impact on Shareholders: The consolidation will automatically adjust outstanding warrants and equity rights, with no fractional shares issued; shareholders holding electronic shares do not need to take any action as changes will reflect in their accounts.
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Analyst Views on XTKG
About XTKG
X3 Holdings Co., Ltd. is a global provider of technology solutions and services spanning diverse industries. The Company operates across four segments: digital technologies, cryptomining operations, renewable energy, and agriculture technologies. It provides integrated solutions and services to both public and private entities by developing a comprehensive suite of cross-border digital trade platforms and services, including global trade digital platforms, trade zone operations solutions, supply chain and compliance solutions, and international trading of products. It develops and operates renewable energy-supported and sustainability-focused bitcoin mining operations with high-performance mining machines, diversified across hosting sites in Central Asia and other regions. It also pursues integrated renewable energy solutions for cryptomining and agriculture. It also offers smart platforms and digital technologies to enhance agricultural farming efficiency and operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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