X3 Holdings (Nasdaq: XTKG) announced that a 1-for-30 reverse stock split of its Class A common stock will take effect on March 5, 2026. This stock split will reduce the number of outstanding shares of Class A common stock from approximately 54.2 million to about 1.8 million, with the par value per share increasing from $0.00003 to $0.0009. The move aims to boost the stock price to meet Nasdaq listing requirements.
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X3 Holdings (Nasdaq: XTKG) announced that a 1-for-30 reverse stock split of its Class A common stock will take effect on March 5, 2026. This stock split will reduce the number of outstanding shares of Class A common stock from approximately 54.2 million to about 1.8 million, with the par value per share increasing from $0.00003 to $0.0009. The move aims to boost the stock price to meet Nasdaq listing requirements.