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AI brief of an SEC Form 8-K · X3 Acquisition Corp. Ltd. (XCBE)

X3 Acquisition closes $25 million over-allotment, bringing trust account to $225 million

Neutral Impact 3 of 5 financing Written later

X3 Acquisition Corp. Ltd. sold an additional 2,500,000 units on January 26, 2026, through a partial exercise of the underwriters' over-allotment option, for gross proceeds of $25 million. The filing says $225 million of IPO and private placement proceeds is now held in a trust account for public shareholders, and the balance sheet adjustments reflect that deposit.

Key points

  • Underwriters bought 2,500,000 over-allotment units at $10.00 per unit on January 26, 2026, for $25,000,000 in gross proceeds, out of up to 3,000,000 units allowed.
  • The sponsor, X3 Acquisition Management LLC, bought 375,000 additional private placement warrants at $1.00 each, for $375,000, and owes the company $375,000 for the related funds advanced.
  • A total of $225,000,000 from the IPO and private placements was placed in the trust account as of January 26, 2026.
  • The underwriters have 45 days from the January 22, 2026 IPO date to buy the remaining 500,000 units.

The filing

CompanyX3 Acquisition Corp. Ltd. (XCBE)
Form8-K, current report
Filed with the SECJan 30, 2026, 4:15 PM ET
Accession number0001493152-26-004500

Items reported: 3.02 Unregistered Equity Sale8.01 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 30, 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.