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SINGAPORE - X3 Holdings Co., Ltd. (NASDAQ:XTKG), a global provider of digital solutions and technology services, has successfully regained compliance with the Nasdaq’s Minimum Bid Price Requirement, according to a notification received from Nasdaq on April 11, 2025. The company’s shares maintained a closing bid price of at least $1.00 for 10 consecutive business days, from March 17, 2025, to April 11, 2025. Currently trading at $1.13, the stock has shown strong momentum with a 20.43% gain year-to-date, though it remains significantly below its 52-week high of $17.60.
The compliance milestone follows a period of uncertainty for X3 Holdings, which was notified by Nasdaq on April 10, 2024, of its failure to maintain the minimum bid price of $1.00 per share over 30 consecutive business days. In response, Nasdaq provided the company with a 180-day period to meet the requirement, along with an additional 180-day extension, culminating on April 7, 2025. According to InvestingPro data, the company’s financial health score remains weak at 1.47, with a market capitalization of $15.42 million and negative EBITDA of -$20.45 million in the last twelve months.
This recent development marks the conclusion of the compliance issue, with Nasdaq officially closing the matter. X3 Holdings operates in various sectors, including digital technologies, cryptomining, renewable energy, and agriculture technologies, with a global presence anchored by its headquarters in Singapore. Despite challenging market conditions, the company has achieved notable revenue growth of 51.59% in the last twelve months. InvestingPro analysis suggests the stock is currently undervalued, with additional insights available through their comprehensive financial analysis platform.
Investors are advised that this information is based on a press release statement and should consider the inherent risks and uncertainties that may affect the company’s future performance. X3 Holdings has made forward-looking statements in the past, and while they reflect the company’s current plans and expectations, actual results could differ materially due to various factors.
The company’s filings with the Securities and Exchange Commission detail these risks and potential factors that could influence X3 Holdings’ business, results of operations, and financial condition. X3 Holdings emphasizes that investors should not place undue reliance on forward-looking statements, as these are subject to change.
For further details, X3 Holdings has directed inquiries to its corporate investor relations team.
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