# EDGAR Filing Document

**Accession Number:** 0001965143
**File Stem:** 0001213900-25-061861
**Filing Date:** 2025-7
**Character Count:** 8641
**Document Hash:** 51653992de6cc112a9141fec02fd7a25
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-061861.hdr.sgml**: 20250707

**ACCESSION NUMBER**: 0001213900-25-061861

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250707

**DATE AS OF CHANGE**: 20250707

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nvni Group Ltd
- **CENTRAL INDEX KEY:** 0001965143
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94173
- **FILM NUMBER:** 251109209

**BUSINESS ADDRESS:**
- **STREET 1:** WILLOW HOUSE, CRICKET SQUARE
- **STREET 2:** P.O. BOX 10008
- **CITY:** GRAND CAYMAN
- **STATE:** E9
- **ZIP:** KY1-1001
- **BUSINESS PHONE:** 55-11-5642-3370

**MAIL ADDRESS:**
- **STREET 1:** RUA JESUINO ARRUDA, NO. 769
- **STREET 2:** ROOM 20-BI, ITAIM BIBI
- **CITY:** SAO PAULO
- **STATE:** D5
- **ZIP:** 04532-082
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Busnello Luiz
- **CENTRAL INDEX KEY:** 0001994174

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **STREET 1:** WILLOW HOUSE, CRICKET SQUARE
- **STREET 2:** P.O. BOX 10008
- **CITY:** GRAND CAYMAN
- **STATE:** E9
- **ZIP:** KY1-1101

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 2)**

**Nvni Group Limited**

*(Name of Issuer)*

**Ordinary Shares**

*(Title of Class of Securities)*

**G50716102**

*(CUSIP Number)*

**Luiz Busnello**<br>c/o Nvni Group Limited, P.O. Box 10008<br>Willow House, Cricket Sq<br>Grand Cayman E9 KY1-1001<br>55-11-98202-2121

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**07/03/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **G50716102** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Luiz Busnello** | Name of reporting person<br>**Luiz Busnello** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**D5** | Citizenship or place of organization<br>**D5** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**155124070.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**5124070.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**5124070.00** | Aggregate amount beneficially owned by each reporting person<br>**5124070.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.55%** | Percent of class represented by amount in Row (11)<br>**5.55%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** (1) Represents 900,192 shares of Nvni Group Limited's (the "Issuer") ordinary shares, par value $0.00001 per share ("Ordinary Shares") underlying options granted to Luis Busnello (the "Reporting Person") under the Nuvini S.A. Stock Option Plan.

(2) Represents 5,124,070 Ordinary Shares for which Labsyl Ltd. ("Labsyl") is the record holder. The Reporting Person is the controlling member of Labsyl with the power to vote and dispose of such Ordinary Shares.

(3) Represents 4,029,070 Ordinary Shares issued to the Reporting Person on July 2, 2025 for deferred compensation owed.

(4) The percentage set forth in row (13) is based on the Issuer's 92,257,843 Ordinary Shares outstanding on July 2, 2025, based on the 34,553,071 Ordinary Shares outstanding as disclosed in the Issuer's Annual Company Report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on April 30, 2025, the additional 662,941 Ordinary Shares issued and outstanding as disclosed in the Issuer's Form 6-K filed with the SEC on January 11, 2024, the additional 226,470 Ordinary Shares issued and outstanding as disclosed in the Issuer's Form 6-K filed with the SEC on February 20, 2024, the 3,680,982 Ordinary Shares issued and outstanding as disclosed in the Issuer's Form 6-K filed with the SEC on December 31, 2024.

*Includes 150,000 Class FF Shares, par value US$0.00001 per share, with each class FF share having one thousand votes, owned by the Reporting Person.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Ordinary Shares

**(b) Name of Issuer:**
Nvni Group Limited

**(c) Address of Issuer's Principal Executive Offices:**
P.O. Box 10008, Willow House, Willow House, Cricket Sq, Grand Cayman, E9, KY1-1001

**Item 4. Purpose of Transaction**

The Reporting Person caused the transfer of 497,825 shares of the Issuer from Heru Investment Holdings Ltd. to the following entities: Coppi and Mercato. The transfers were made to facilitate an internal reallocation of ownership interests among entities controlled or influenced by the Reporting Person. The Reporting Person retains voting power over certain of these shares pursuant to an irrevocable power of attorney. The Reporting Person received 4,029,070 Ordinary Shares as part of an equity conversion transaction relating to advisory compensation owed by the Issuer. The shares were issued in the ordinary course of business in lieu of cash consideration and were not acquired with the purpose of changing or influencing control of the Issuer.

**Item 5. Interest in Securities of the Issuer**

**(a)**
As of the date of this Amendment to the Initial Schedule 13D, the Reporting Person beneficially owns 5,124,070  shares of Ordinary Shares of the Issuer, which represents 5.55 % of the Issuer's Ordinary Shares, based on 92,257,843 outstanding Ordinary Shares as of July 2, 2025.

**(b)**
The Reporting Person beneficially owns 5,124,070 shares of the Issuer's Ordinary Shares and exercises voting control over 155,124,070 Ordinary Shares and dispositive control over 5,124,070 Ordinary Shares, taking into account 150,000 Class FF Shares with each class FF share having one thousand votes, owned by the Reporting Person

**(c)**
On June 27 ,2025, Heru Investment Holdings Ltd., transferred an aggregate of 497,825 Ordinary Shares of the Issuer. Of these, 167,648 shares were transferred to Coppi, and 330,177 shares were transferred to Mercato. On June 27, 2025, the Issuer issued a total of 5,906,976 Ordinary Shares to various individuals, including members of the Issuer's board of directors, in connection with the conversion of accrued advisory and service compensation into equity. The shares were issued at a conversion price of US$0.43 per share, based on a calculation date of May 7, 2025. As part of this transaction, the Reporting Person received 4,029,070 Ordinary Shares in satisfaction of $1,732,500.00 in advisory compensation owed to him by the Issuer.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Except as set forth elsewhere in this Schedule 13D, there are no contracts, arrangements, understandings or relationships among the Persons named in Item 2 and between such persons and any other person with respect to any securities of the Issuer.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Luiz Busnello

**Signature:** /s/ Luiz Busnello

**Name/Title:** Luiz Busnello/ Chief Financial Officer

**Date:** 07/07/2025