X3 Holdings Issues 650,000 Class B Shares
Ticker: XTKG · Form: 6-K · Filed: Jun 18, 2025 · CIK: 1754323
| Field | Detail |
|---|---|
| Company | X3 Holdings Co., Ltd. (XTKG) |
| Form Type | 6-K |
| Filed Date | Jun 18, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: stock-issuance, restricted-shares, bonus
TL;DR
X3 Holdings dropped 650K Class B shares to Hogstream International on 6/18.
AI Summary
On June 18, 2025, X3 Holdings Co., Ltd. issued 650,000 Class B restricted ordinary shares to Hogstream International Ltd. as a stock bonus. The company, formerly known as Powerbridge Technologies Co., Ltd., is based in Singapore and operates in computer programming services.
Why It Matters
This issuance of restricted shares could impact the company's share structure and potentially signal a bonus or incentive program for related entities.
Risk Assessment
Risk Level: low — The filing is a routine report of share issuance and does not indicate significant financial distress or major strategic shifts.
Key Numbers
- 650,000 — Class B Restricted Ordinary Shares (Issued as a stock bonus on June 18, 2025)
Key Players & Entities
- X3 Holdings Co., Ltd. (company) — Registrant
- Hogstream International Ltd. (company) — Recipient of shares
- 650,000 (dollar_amount) — Number of shares issued
- June 18, 2025 (date) — Date of share issuance
- Powerbridge Technologies Co., Ltd. (company) — Former company name
FAQ
What is the purpose of issuing Class B restricted ordinary shares to Hogstream International Ltd.?
The filing states the issuance was as a 'Stock Bonus'.
When did X3 Holdings Co., Ltd. issue these shares?
The shares were issued on June 18, 2025.
What is the total number of Class B restricted ordinary shares issued?
A total of 650,000 Class B restricted ordinary shares were issued.
What was the former name of X3 Holdings Co., Ltd.?
The company was formerly known as Powerbridge Technologies Co., Ltd.
Where is X3 Holdings Co., Ltd. located?
The company's principal executive office is located at Suite 412, Tower A, Tai Seng Exchange, One Tai Seng Avenue, Singapore 536464.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 18, 2025 regarding X3 Holdings Co., Ltd. (XTKG).