Annual Report
Filed: 2026-03-25
Key Insights
- X3 Acquisition Corp. is a newly formed special purpose acquisition company (SPAC) that completed its initial public offering (IPO) in July 2025, raising $200 million to pursue a business combination.
- The company has until July 2026 to complete a merger, acquisition, or other business combination transaction, or it will be required to return the IPO proceeds to shareholders.
- The company has secured a $30 million working capital loan facility to fund its operations prior to a potential business combination.