Flash FinanceUS
Market closed S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · X3 Acquisition Corp. Ltd. (XCBE)

X3 Acquisition Corp. reports $200 million IPO closing, trust account funded

Neutral Impact 3 of 5 financing Written later

X3 Acquisition Corp. Ltd., a Cayman Islands blank check company, closed its initial public offering on January 22, 2026, and deposited $200 million in a trust account for public shareholders. An audited balance sheet dated January 22, 2026 is filed as Exhibit 99.1. The filing states the company has not yet selected a business combination target.

Key points

  • IPO of 20,000,000 units at $10.00 per unit, generating gross proceeds of $200 million, closed January 22, 2026
  • Private placement of 5,000,000 warrants to sponsor X3 Acquisition Management LLC at $1.00 per warrant, generating $5 million
  • $200 million placed in trust account, including $5 million in deferred underwriting commissions
  • Audited balance sheet as of January 22, 2026 audited by WithumSmith+Brown, PC, filed as Exhibit 99.1

The filing

CompanyX3 Acquisition Corp. Ltd. (XCBE)
Form8-K, current report
Filed with the SECJan 28, 2026, 5:48 PM ET
Accession number0001493152-26-004087

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.