Articles from X3 Acquisition Corp. Ltd.
X3 Acquisition Corp. Ltd. (Nasdaq: XCBEU) (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the closing of its initial public offering of 20,000,000 units, at an offering price of $10.00 per unit, resulting in aggregate gross proceeds to the Company of $200,000,000. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant, which becomes exercisable 30 days after the completion of the Company’s initial business combination, will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share, subject to adjustments. The units are listed on The Nasdaq Stock Market LLC (“Nasdaq”) and trade under the ticker symbol “XCBEU”. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols “XCBE” and “XCBEW,” respectively.
By X3 Acquisition Corp. Ltd. · Via Business Wire · January 22, 2026
X3 Acquisition Corp. Ltd. (NASDAQ: XCBEU) (the “Company”) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The Company’s units will be listed on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “XCBEU” and will begin trading on January 21, 2026. Each unit to be issued in the offering consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “XCBE” and “XCBEW,” respectively. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on January 22, 2026, subject to customary closing conditions.
By X3 Acquisition Corp. Ltd. · Via Business Wire · January 21, 2026
