Meteora Capital, LLC Acquires 8.88% Stake in X3 Acquisition Corp. Ltd. (XCBE)
Meteora Capital, LLC, along with its Managing Member Vik Mittal, filed a Schedule 13G on May 15, 2026, reporting a new ownership stake in X3 Acquisition Corp. Ltd. (XCBE). As of the event date on March 31, 2026, the reporting persons beneficially own 1,999,000 shares of Class A Common Stock, representing an 8.88% ownership interest in the company. The filing indicates that Meteora Capital serves as the investment manager for various funds and managed accounts that hold these shares. The reporting persons have shared voting and dispositive power over the entire 1,999,000 shares. This position was acquired in the ordinary course of business and not with the intent to influence or change the control of the issuer. The principal business office for the reporting persons is located in Boca Raton, Florida. This filing marks a significant new position for Meteora Capital in the Minneapolis-based acquisition company.