X3 Holdings Declares Common Stock Dividend
Ticker: XTKG · Form: 6-K · Filed: Mar 6, 2024 · CIK: 1754323
| Field | Detail |
|---|---|
| Company | X3 Holdings Co., Ltd. (XTKG) |
| Form Type | 6-K |
| Filed Date | Mar 6, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, shareholder-value, corporate-action
TL;DR
X3 Holdings is giving shareholders a dividend to boost value and liquidity.
AI Summary
X3 Holdings Co., Ltd. (formerly Powerbridge Technologies Co., Ltd.) announced on March 6, 2024, a common stock dividend to enhance shareholder value and liquidity. The company, incorporated in E9 with its principal executive office in Singapore, is a computer programming services provider.
Why It Matters
Declaring a dividend can signal a company's financial health and its commitment to returning value to shareholders, potentially boosting investor confidence.
Risk Assessment
Risk Level: low — This filing is a routine report of a foreign private issuer announcing a dividend, with no immediate financial distress or significant operational changes indicated.
Key Players & Entities
- X3 Holdings Co., Ltd. (company) — Filer and issuer of the report
- Powerbridge Technologies Co., Ltd. (company) — Former name of X3 Holdings Co., Ltd.
- March 2024 (date) — Reporting period for the 6-K filing
- March 6, 2024 (date) — Filing date of the report
FAQ
What is the purpose of the common stock dividend declared by X3 Holdings?
The press release states the dividend is intended to boost shareholder value and liquidity.
What was X3 Holdings Co., Ltd. formerly known as?
X3 Holdings Co., Ltd. was formerly known as Powerbridge Technologies Co., Ltd.
When was the name change from Powerbridge Technologies Co., Ltd. to X3 Holdings Co., Ltd. effective?
The date of the name change was September 26, 2018.
What is the primary business of X3 Holdings Co., Ltd. according to the filing?
The company is classified under SERVICES-COMPUTER PROGRAMMING SERVICES [7371].
Which form is X3 Holdings Co., Ltd. required to file annually, as indicated by the checkmark?
The registrant indicates it files annual reports under cover of Form 20-F.
Filing Stats: 162 words · 1 min read · ~1 pages · Grade level 9.4 · Accepted 2024-03-06 08:30:02
Filing Documents
- ea0201206-6k_x3holdings.htm (6-K) — 10KB
- ea0201206ex99-1_x3holdings.htm (EX-99.1) — 6KB
- 0001213900-24-020292.txt ( ) — 17KB
From the Filing
OF FOREIGN PRIVATE ISSUER 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 March 2024 Commission File Number: 001-38851 X3 HOLDINGS CO., LTD. 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 EXHIBIT INDEX Exhibit No. Description 99.1 Press Release - X3 Holdings Declares Common Stock Dividend to Boost Shareholder Value and Liquidity 1 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: March 6, 2024 X3 HOLDINGS CO., LTD. By: /s/ Stewart Lor Stewart Lor Chief Executive Officer 2