X3 Holdings Co Ltd (XTKG)

[beenhadbefore]

8,800,000 million shares being sold by insiders? Chinese are very good at moving income to the country that is the most beneficial to the company's best interest and that if the show any at all.

Good luck investors.

March 2021

PROSPECTUS


8,800,000 Ordinary Shares Offered by Selling Shareholders


POWERBRIDGE TECHNOLOGIES CO., LTD.

USE OF PROCEEDS

Filed Pursuant to Rule 424(b)(5)

Registration No. 333-253395

We will not receive any of the proceeds from the sale of any securities offered pursuant to this prospectus by any Selling Shareholder. The Selling Shareholders will receive all of the proceeds from the sale of Ordinary Shares under the secondary offering of this prospectus. The Selling Shareholders will pay any agent’s commissions and expenses they incur for brokerage, accounting, tax or legal services or any other expenses that they incur in disposing of the Ordinary Shares. We will bear all other costs, fees and expenses incurred in effecting the registration of the Ordinary Shares covered by this prospectus and any prospectus supplement. These may include, without limitation, all registration and filing fees, SEC filing fees and expenses of compliance with Cayman Islands laws.



See “Plan of Distribution” elsewhere in this prospectus for more information.

https://www.sec.gov/Archives/edgar/data/0001754323/000121390021015111/ea137512-424b5_powerbridge.htm#a_008