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X3 Holdings Enters Forbearance Agreement with Investor

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X3 Holdings Enters Forbearance Agreement with Investor

X3 Holdings ( (XTKG) ) has provided an update.

X3 Holdings Co., Ltd. has entered into a forbearance and repayment agreement with its investor, YA II PN, LTD., on February 16, 2025. This agreement, which is effective until June 30, 2025, allows the investor to refrain from exercising certain rights and conversion options under previous transaction documents, provided the company adheres to the agreement’s terms and no new defaults occur. This move is aimed at stabilizing the company’s financial operations and maintaining investor relations without waiving any existing rights or remedies.

More about X3 Holdings

YTD Price Performance: -39.73%

Average Trading Volume: 223,520

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $9.67M

See more data about XTKG stock on TipRanks’ Stock Analysis page.

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