| Schedule of Class A Ordinary Shares Subject to Possible Redemption |
Schedule
of Class A Ordinary Shares Subject to Possible Redemption
| | |
| | |
| Gross proceeds | |
$ | 200,000,000 | |
| Less: | |
| | |
| Proceeds allocated to Public Warrants | |
| (2,900,000 | ) |
| Proceeds allocated to over-allotment | |
| (251,400 | ) |
| Class A ordinary shares issuance costs | |
| (8,422,639 | ) |
| Plus: | |
| | |
| Proceeds from exercise of over-allotment option | |
| 25,000,000 | |
| Proceeds Allocated to Public Warrants | |
| (362,500 | ) |
| Reclassification of over-allotment liability upon partial exercise | |
| 209,500 | |
| Class A ordinary shares issuance at cost | |
| (983,824 | ) |
| Accretion of carrying value to redemption value | |
| 14,197,193 | |
| Class A Ordinary Shares subject to possible redemption, March 31, 2026 | |
| 226,486,330 | |
| Plus: | |
| | |
| Accretion of carrying value to redemption value | |
| 2,003,552 | |
| Class A Ordinary Shares subject to possible redemption, June 30, 2026 | |
$ | 228,489,882 | |
|
| Schedule of Basic and Diluted Net Income Per Ordinary Share |
The
following table reflects the calculation of basic and diluted net income per ordinary share:
Schedule
of Basic and Diluted Net Income Per Ordinary Share
| | |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| | |
For the Three Months Ended June 30, 2026 | | |
For the Six Months Ended June 30, 2026 | |
| | |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| Basic net income per ordinary share: | |
| | | |
| | | |
| | | |
| | |
| Numerator: | |
| | | |
| | | |
| | | |
| | |
| Allocation of net income | |
$ | 1,475,690 | | |
$ | 368,922 | | |
$ | 2,153,135 | | |
$ | 604,673 | |
| Denominator: | |
| | | |
| | | |
| | | |
| | |
| Basic weighted average ordinary shares outstanding | |
| 22,500,000 | | |
| 5,625,000 | | |
| 19,709,945 | | |
| 5,535,221 | |
| Basic net income per ordinary share | |
$ | 0.07 | | |
$ | 0.07 | | |
$ | 0.11 | | |
$ | 0.11 | |
X3
ACQUISITION CORP. LTD.
NOTES
TO CONDENSED FINANCIAL STATEMENTS
JUNE
30, 2026
(UNAUDITED)
| | |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| | |
For the Three Months Ended June 30, 2026 | | |
For the Six Months Ended June 30, 2026 | |
| | |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| Diluted net income per ordinary share: | |
| | | |
| | | |
| | | |
| | |
| Numerator: | |
| | | |
| | | |
| | | |
| | |
| Allocation of net income | |
$ | 1,475,690 | | |
$ | 368,922 | | |
$ | 2,145,505 | | |
$ | 612,303 | |
| Denominator: | |
| | | |
| | | |
| | | |
| | |
| Diluted weighted average ordinary shares outstanding | |
| 22,500,000 | | |
| 5,625,000 | | |
| 19,709,945 | | |
| 5,625,000 | |
| Diluted net income per ordinary share | |
$ | 0.07 | | |
$ | 0.07 | | |
$ | 0.11 | | |
$ | 0.11 | |
|