Andrew Redleaf - 20 Jan 2026 Form 3 Insider Report for X3 Acquisition Corp. Ltd. (XCBE)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: /s/ Andrew Redleaf
Issuer symbol: XCBE
Transactions as of: 20 Jan 2026
Net transactions value: $0
Form type: 3
Filing time: 21 Jan 2026, 06:24:56 UTC
Next filing: 22 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
REDLEAF ANDREW	Chairman and CEO, Director, 10%+ Owner	3033 EXCELSIOR BLVD, SUITE 343, MINNEAPOLIS	/s/ Andrew Redleaf	20 Jan 2026	0001137294

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	XCBE	Class B Ordinary Shares							20 Jan 2026	Class A Ordinary Shares	5,750,000		See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination, or earlier at the option of the holders thereof on a one-for-one basis, subject to the adjustments. The Class B ordinary shares have no expiration date.
F2	Consists of shares owned by X3 Acquisition Management LLC (the "sponsor"). Andrew Redleaf is the authorized person of X Cubed Capital Management LLC, the managing member of the sponsor and has voting and dispositive power over the shares owned by the sponsor. Mr. Redleaf disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Content

The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination, or earlier at the option of the holders thereof on a one-for-one basis, subject to the adjustments. The Class B ordinary shares have no expiration date.

Consists of shares owned by X3 Acquisition Management LLC (the "sponsor"). Andrew Redleaf is the authorized person of X Cubed Capital Management LLC, the managing member of the sponsor and has voting and dispositive power over the shares owned by the sponsor. Mr. Redleaf disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.