Abits Group Inc has 4 Schedule 13D or 13G filings on record since 2026-04-22. 1 holder's latest filing reports 5% or more of ordinary shares of capital stock, no par value. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| ARC Group International Ltd. | 22.7% | 805,353 | SCHEDULE 13D, 2026-09-09 | 2026-08-05 |
| Empery Asset Management, LP | 0% | 0 | SCHEDULE 13G/A, 2026-07-29 | 2026-06-30 |
| Conglin Deng | 0% | 0 | SCHEDULE 13D/A, 2026-08-10 | 2026-08-06 |
Purpose of Transaction (Item 4)
Conglin Deng
Item 4 is hereby amended and supplemented as follows: On August 5, 2026, the Reporting Person and two companies controlled by the Reporting Person (collectively, the "Sellers") entered into a securities purchase agreement (the "Agreement") with ARC Group International Ltd., a Hong Kong company (the "Purchaser"), and the Issuer. Pursuant to the Agreement, the Sellers agreed to transfer and sell all of the Ordinary Shares and the Preferred Shares of the Issuer owned, directly and indirectly, by the Reporting Person to the Purchaser. Upon the satisfaction or waiver of all conditions set forth in the Agreement, the transaction closed on August 6, 2026, resulting in changes in the number of the Ordinary Shares and the Preferred Shares beneficially owned by the Reporting Person. Following the transaction, the Reporting Person ceased to be a record and beneficial owner of any Ordinary Shares or Preferred Shares of the Issuer, except that the Reporting Person has a future subscription right under certain circumstance as described in Item 6 below.Item 4 of the SCHEDULE 13D/A filed 2026-08-10
ARC Group International Ltd.
The Reporting Person acquired the securities of the Issuer pursuant to a Securities Purchase Agreement, dated as of August 3, 2026, by and among ARC Group International Ltd., Conglin (Forrest) Deng, the Chief Executive Officer of the Issuer, Bridgeforrest (BVI) Inc., a British Virgin Islands holding company ("BBI"), Alwin Creative Inc., a British Virgin Islands company of which Mr. Deng is the sole Director, and Abits Group Inc. (the "Purchase Agreement"). The Reporting Person acquired the Shares (including indirectly through its purchase of the ownership interests in BBI) for investment purposes. Among other things, the Purchase Agreement provided that, effective at closing of the purchase and sale of the Seller Shares (the "Closing"), the Issuer's board of directors (the "Board") would consist of then-current directors Mr. Deng, Khuat Leok Choong, Lionel, and Yanyan Sun, and two independent directors designated by the Reporting Person, Phillip Balatsos and Andrew Hancox. In accordance therewith, effective as of the Closing, Tao Xu and Chuan Zhan resigned from the Board and Messrs. Balatsos and Hancox became members of the Board. The Purchase Agreement also provided that, effective at Closing, the Issuer would authorize the appointment of a Chief Investment Officer of the Issuer and appoint Steven Faucetta, who had been designated to serve as such by the Reporting Person, to serve as such Chief Investment Officer. As a result, Mr. Faucetta was appointed as the Issuer's …The first part of Item 4 of the SCHEDULE 13D filed 2026-09-09; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2026-04-22 | Empery Asset Management, LP | 9.99% | SCHEDULE 13G |
| 2026-07-29 | Empery Asset Management, LP | 0% | SCHEDULE 13G/A |
| 2026-08-10 | Conglin Deng | 0% | SCHEDULE 13D/A |
| 2026-09-09 | ARC Group International Ltd. | 22.7% | SCHEDULE 13D |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.
