X3 Acquisition Corp.

X3 Acquisition Corp.

X3 Acquisition Corp. was established in 2006 by Nicolás Luksic Puga, a member of the Luksic family whose wealth originates from controlling stakes in Antofagasta PLC, one of the world's largest copper producers, and Quiñenco SA, a Chilean conglomerate with holdings in banking, beer, and manufacturing (public record). The vehicle functions as the family's direct private-investment platform, separate from the publicly traded group structures, targeting opportunities across Latin America and selectively in North America. X3 pursues a flexible mandate across real estate development, infrastructure projects, private credit, and venture-stage technology bets. The firm typically invests its own balance-sheet capital, often alongside like-minded institutional and family-office co-investors on a deal-by-deal basis. Known allocations include participation in Chilean real estate development ventures and private debt placements in middle-market companies. The geographic footprint concentrates on Chile and Peru, with opportunistic exposure to US-based early-stage companies through fund commitments and direct participations. Operational details on total assets managed or deployed remain private, a common posture among Latin American family-controlled investment vehicles. The firm maintains a lean structure, consistent with a direct-investment model that relies heavily on the principal's network and the broader Luksic group's corporate relationships. A related philanthropic entity, Fundación Luksic, operates separately from X3 and focuses on education and entrepreneurship in Chile (per Fundación Luksic public filings). X3's structural shape as a dedicated deal-by-deal acquisition vehicle, rather than a diversified institutional-style family office, differentiates it from the region's larger multi-asset allocators. This architecture grants full discretion on pacing and concentration — a governance design suited to a family that already controls sizable operating companies and seeks non-correlated private-side exposure without the overhead of a pooled fund structure.