X3 Acquisition Corp. Ltd. Announces Closing of $200,000,000 Initial Public Offering

Core Points - X3 Acquisition Corp. Ltd. has successfully closed its initial public offering (IPO) of 20,000,000 units at a price of $10.00 per unit, generating total gross proceeds of $200,000,000 [1] Group 1 - The company is a newly organized special purpose acquisition company (SPAC) formed as a Cayman Islands exempted company [1] - Each unit in the IPO consists of one Class A ordinary share and one-half of one redeemable warrant [1] - The total gross proceeds from the IPO amount to $200 million, indicating strong investor interest [1]