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X3 Holdings Faces Potential Delisting from Nasdaq Following Price Compliance Notification

On February 10, 2026, X3 Holdings Co., Ltd. (NASDAQ: XTKG) disclosed that it had received a determination letter from The Nasdaq Stock Market, indicating a failure to adhere to the minimum bid price requirement set forth in its listing rules. This revelation comes as the company’s shares have closed below $1 per share on the Nasdaq for over 32 consecutive business days.

The importance of this compliance is not just regulatory, but also crucial for investor confidence. Nasdaq Listing Rule 5550(a)(2) mandates that companies maintain a minimum bid price for their securities to remain listed on the exchange. As a result of Japan's economic environment and possible internal challenges, X3 Holdings faces significant hurdles.

Context of the Delisting

The letter highlighted that, despite an opportunity to demonstrate compliance within 180 days, X3 Holdings would not be granted this period. The reason stems from a reverse stock split executed on December 30, 2025. As mandated by Nasdaq Listing Rule 5810(c)(3)(A)(iv), companies that have recently undergone such adjustments are ineligible for the standard compliance period.

The notification explicitly stated that the company’s shares would be delisted unless an appeal is sought by February 17, 2026. Should X3 Holdings fail to act, the delisting would take effect on February 19, 2026, with the company’s securities set for suspension at the opening of business. A subsequent Form 25-NSE would be filed with the Securities and Exchange Commission, further affirming the removal from Nasdaq’s listing.

Options Moving Forward

In light of this troubling development, X3 Holdings has promptly requested a hearing before the Nasdaq Hearings Panel. This procedural step is aimed at potentially extending the timeline available for the company to comply with the necessary minimum bid price requirements. By requesting a hearing, the company hopes to stave off immediate suspension and discuss ways to enhance its stock price in the near future.

While this decision hangs in the balance, the management of X3 Holdings is exploring all possible avenues to regain compliance—not just to adhere to Nasdaq standards but also to reassure stakeholders of the firm’s resilience in a challenging market landscape.

It is essential for investors and market observers to recognize that there is no guarantee of a favorable outcome from this appeal, and the company's future on the exchange, at this point, remains uncertain. Furthermore, X3 Holdings expresses that it doesn’t make any assurances of regaining compliance, emphasizing the inherently volatile nature of the stock market and compliance regulations.

About X3 Holdings

X3 Holdings is known for its extensive range of digital solutions and services catering to diverse industries, emblematic of growth and innovation particularly in digital technology, cryptocurriculum mining, renewable energy, and agricultural technologies. Headquartered in Singapore, the company boasts a global presence with numerous subsidiaries and international operations.

The company’s efforts to navigate the financial and regulatory landscape while ensuring operational stability underline the complexities faced by businesses in today's market. As X3 Holdings moves forward, the implications of its compliance journey are a vital aspect of its strategic planning for continued relevance in the sector.

From here on, the company's future actions will be closely monitored as they unfold, revealing crucial insights into how firms adapt in the face of regulatory challenges and market volatility.