X3 Acquisition Corp. Ltd. (XCBE)

X3 Acquisition Corp. Ltd. is a special purpose acquisition company, or blank-check company. Its Class A ordinary shares trade on the Nasdaq. It was formed to raise capital in an initial public offering and then complete a merger or similar combination with one or more operating businesses.

Until it completes a deal, the company has no business operations, and its offering proceeds are generally held in a trust account. Its stated target sectors and any proposed transaction are set out in its SEC filings.