X3 Holdings (XTKG) has released an update.
X3 Holdings Co., Ltd., a Cayman Islands-based company listed on Nasdaq under the symbol ‘XTKG’, has entered into a Standby Equity Purchase Agreement with YA II PN, Ltd. The agreement allows X3 Holdings to issue and sell up to $30 million of its shares to the investor, with an initial pre-paid advance of $8 million structured in convertible promissory notes. The deal includes a Registration Rights Agreement to facilitate the resale of the registered shares.
For further insights into XTKG stock, check out TipRanks’ Stock Analysis page.
