X3 Holdings regains compliance with Nasdaq minimum bid price deficiency

X3 Holdings (XTKG) announced that the Company received a written notification from the Listing Qualifications Department of the Nasdaq Stock Market dated April 11, 2025, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2) and the matter is closed. As previously announced, the Company received a notification letter from the Nasdaq dated April 10, 2024, indicating its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days under Minimum Bid Price Requirement. Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company was provided with 180 calendar days, and has further received an extension of 180 calendar days, to April 7, 2025, in order to regain compliance with the Minimum Bid Price Requirement. Pursuant to the Compliance Notice, the Company evidenced a closing bid price of its ordinary shares at or greater than $1.00 per share for 10 consecutive business days from March 17, 2025 to April 11, 2025. Thus, the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is closed.