#NASDAQ #Singapore #X3 Holdings #XTKG

X3 Holdings Regains Compliance with Nasdaq

X3 Holdings Co., Ltd., traded on the Nasdaq under the symbol XTKG, recently announced its successful regaining of compliance with Nasdaq's minimum bid price requirement. This announcement came on April 16, 2025, when the company received a Compliance Notice from Nasdaq’s Listing Qualifications Department.

In this notice, Nasdaq confirmed that X3 Holdings had met the Minimum Bid Price Requirement, which mandates that companies must maintain a share price of at least $1.00 for 30 consecutive business days. Previously, on April 10, 2024, X3 Holdings had received a notification indicating a failure to meet this requirement, which prompted concerns regarding its listing status on Nasdaq.

As stipulated in Nasdaq's rules, X3 Holdings was given an initial 180-day period to address this deficiency. Furthermore, following a successful request, the company was granted a 180-day extension, allowing them until April 7, 2025 to rectify the situation. This extension provided X3 Holdings with additional time to implement strategies aimed at recovering its share price.

X3 Holdings operated diligently during these periods, ultimately demonstrating a closing bid price at or above the $1.00 mark for 10 consecutive business days, starting from March 17, 2025 to April 11, 2025. With the share price now in compliance, the Nasdaq has officially closed the matter, allowing the company to continue its operations without the threat of delisting.

Based in Singapore, X3 Holdings is recognized as a global provider of digital solutions and technology services, with operations spanning various sectors, including renewable energy, cryptomining, and agricultural technologies. This achievement highlights the resilience and strategic management of the company, positioning it for future growth and stability in a competitive market. The path to compliance not only demonstrates adherence to regulatory standards but also reinforces investor confidence in X3 Holdings’ business strategy and operational effectiveness.

As the company moves forward, it remains committed to its mission of delivering innovative digital solutions and enhancing its service offering to cater to a diverse client base across multiple sectors. X3 Holdings invites stakeholders and potential investors to stay updated via its official channels for further information and future announcements, reaffirming its focus on transparency and investor relations.

In conclusion, the successful regaining of compliance with Nasdaq’s minimum bid price requirement is a notable milestone for X3 Holdings. It underscores the company's capability to navigate regulatory landscapes effectively while striving for sustained growth and success in various technological arenas.

For further details, visit X3 Holdings.