# EDGAR Filing Document

**Accession Number:** 0001425355
**File Stem:** 0001654954-26-000203
**Filing Date:** 2026-1
**Character Count:** 16311
**Document Hash:** 05481cf21d6df008f52f8620eda95a31
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001654954-26-000203.hdr.sgml**: 20260109

**ACCESSION NUMBER**: 0001654954-26-000203

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20260105

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20260109

**DATE AS OF CHANGE**: 20260108

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SUI Group Holdings Ltd.
- **CENTRAL INDEX KEY:** 0001425355
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 900316651
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41472
- **FILM NUMBER:** 26520974

**BUSINESS ADDRESS:**
- **STREET 1:** 1907 WAYZATA BOULEVARD
- **STREET 2:** SUITE 205
- **CITY:** WAYZATA
- **STATE:** MN
- **ZIP:** 55391
- **BUSINESS PHONE:** (952) 479-1923

**MAIL ADDRESS:**
- **STREET 1:** 1907 WAYZATA BOULEVARD
- **STREET 2:** SUITE 205
- **CITY:** WAYZATA
- **STATE:** MN
- **ZIP:** 55391

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Mill City Ventures III, Ltd
- **DATE OF NAME CHANGE:** 20121213

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** POKER MAGIC INC
- **DATE OF NAME CHANGE:** 20080129

?xml version='1.0' encoding='ASCII'? suig_8k.htm

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

_____________________________

**FORM 8-K**

_____________________________

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): January 5, 2026**

_____________________________

---

| |
|:---|
| **SUI GROUP HOLDINGS LIMITED** |
| **(Exact name of registrant as specified in its charter)** |

---

_____________________________

---

| | | |
|:---|:---|:---|
| **Minnesota** | **001-41472** | **90-0316651** |
| **(State or other jurisdiction**<br>**of incorporation)** | **(Commission**<br>**File Number)** | **(I.R.S. Employer**<br>**Identification No.)** |

---

---

| | |
|:---|:---|
| **1907 Wayzata Blvd, Suite 205, Wayzata, MN** | **55391** |
| **(Address of principal executive offices)** | **(Zip Code)** |

---

**(952) 479-1923**

**(Registrant's telephone number, including area code)**

_____________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading**<br>**symbol(s)** | **Name of each exchange**<br>**on which registered** |
| Common Stock, $0.001 par value per share | SUIG | The Nasdaq Stock Market LLC  |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

 ***Board of Directors Composition***

On January 5, 2026, Joseph A. Geraci, II, Chief Financial Officer and a member of the Board of Directors (the "Board") of Sui Group Holdings Limited (the "Company"), notified the Board of his decision to resign from the Board, effective as of January 5, 2026. Mr. Geraci does not serve on any committee of the Board. The decision by Mr. Geraci to resign from the Board did not arise from any disagreement with the Company on any matters relating to the Company's operations, policies or practices. Mr. Geraci will continue to serve as the Company's Chief Financial Officer and Board Observer.

On January 5, 2026, the Board appointed Mr. Brian Quintenz ("Mr. Quintenz") to serve as a member of the Board, effective immediately. Mr. Quintenz will serve on the audit committee of the Board (the "Audit Committee").

Brian D. Quintenz currently serves on the board of directors for Kalshi. Previously, he was the Head of Policy for a16z crypto, the crypto venture funds of Andreessen Horowitz. Previously, Mr. Quintenz was nominated by both Presidents Obama and Trump to be a Commissioner of the U.S. Commodity Futures Trading Commission. He was unanimously confirmed by the Senate on August 3, 2017, and was sworn into office on August 15, 2017, for the remainder of a five-year term expiring on April 15, 2020. Mr. Quintenz holds a Bachelor of Arts in Public Policy Studies from Duke University and an MBA from Georgetown McDonough School of Business.

Mr. Quintenz does not have any family relationships with any executive officer or director of the Company or with the Company's independent registered public accounting firm, Boulay PLLP, and he is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

As compensation for his services on the Board, Mr. Brian Quintenz will receive an annual director fee of $250,000 to be paid on a quarterly basis. In addition, the Company has agreed to grant to Mr. Quintenz warrants (the "Director Warrants") to purchase 207,565 shares of the Company's common stock (the "Common Stock") at various prices per share of Common Stock as follows: (i) 83,026 shares of Common Stock at an exercise price of $5.420 per share of Common Stock; (ii) 41,513 shares of Common Stock at an exercise price of $5.962 per share of Common Stock; (iii) 41,513 shares of Common Stock at an exercise price of $6.504 per share of Common Stock; and (iv) 41,513 shares of Common Stock at an exercise price of $7.046 per share of Common Stock. The Director Warrants are exercisable for a period of five years. The Director Warrants will vest over a period of 24 months starting six months from the Issue Date (as defined therein) in four equal installments (being 25% every six months), subject to Mr. Quintenz (i) being a director of the Company at each respective vesting date and (ii) not having been legally and validly terminated or removed as a director pursuant to the Company's bylaws and applicable law.

With Mr. Quintenz's appointment, the Board is now composed of five directors, of which Mr. Dana Wagner, Mr. Howard Liszt and Mr. Quintenz are deemed by the Board to be "independent" under Nasdaq Listing Rules 5605(a)(2) and 5605(c)(2)(A).

***Audit Committee Composition***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The appointment of Mr. Quintenz to the Audit Committee fills a previously disclosed vacancy. With Mr. Quintenz's appointment, the Audit Committee is now composed of three directors, Mr. Dana Wagner, Mr. Howard Liszt and Mr. Quintenz, whom the Board has deemed to be "independent" under Nasdaq Listing Rule 5605(c)(2)(A).

On January 5, 2026, the Board also appointed Mr. Howard Liszt to serve as Chairman of the Audit Committee. The Board has determined that Mr. Liszt meets the audit committee financial sophistication requirements set forth in Nasdaq Listing Rule 5605(c)(2)(A).

***Nasdaq Listing Rule Compliance***

As previously reported, on July 18, 2025, the Company received a letter from Nasdaq (the "Letter") indicating that, following the death of Mr. Laurence S. Zipkin on July 9, 2025, who at the time of his death was an independent director of the Company, a member and chairman of its Corporate Governance and Nominating Committee, and a member of its Compensation Committee and Audit Committee, the Company no longer complied with Nasdaq Listing Rule 5605(b)(1), which requires that a majority of the Board of Directors of the Company consist of "independent directors" as defined by Nasdaq Listing Rule 5605(a)(2), and Nasdaq Listing Rule 5605(c)(2), which requires that the Audit Committee consist of at least three "independent directors."

In the Letter, Nasdaq indicated that the Company was required to cure these deficiencies and evidence compliance prior to (a) its next annual shareholder meeting or July 9, 2026; or (b) if the next annual shareholder meeting is held before January 5, 2026, then no later than January 5, 2026.

On January 8, 2026, the Company received written notice from Nasdaq that the Company had regained compliance with Nasdaq Listing Rule 5605(b)(1) and Nasdaq Listing Rule 5605(c)(2).

Please refer to the Company's Current Reports on Form 8-K dated July 22, 2025 for additional information.

**Item 8.01 Other Events.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On January 6, 2026, the Company issued a press release announcing the appointment of Mr. Quintenz to the Board and the Audit Committee and Mr. Liszt as chairman of the Audit Committee. A copy of the press release is furnished hereto as Exhibit 99.1.

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| [99.1](suig_ex991.htm) | [Press Release, dated January 6, 2026.](suig_ex991.htm) |
| 104 | Cover Page Interactive Data File (formatted as inline XBRL). |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | SUI GROUP HOLDINGS LIMITED | SUI GROUP HOLDINGS LIMITED |
| Date: January 8, 2026 | By: | /s/ Douglas M. Polinsky |
|  |  | Douglas M. Polinsky |
|  |  | Chief Executive Officer |

---

## Exhibit 99.1

**EXHIBIT 99.1**

![](suig_ex991img2.jpg)

**SUI Group Appoints Former CFTC Commissioner and a16z Crypto Global Head of Policy Brian Quintenz to Board of Directors** 

*Appointment Further Strengthens Regulatory and Policy Leadership as Company Advances SUI Treasury Strategy*

**WAYZATA, MN, January 5, 2026** – SUI Group Holdings Limited (NASDAQ: SUIG) ("SUI Group," "SUIG" or the "Company") today announced the appointment of Brian Quintenz as an independent director to the Company's board of directors (the "Board"), effective January 5, 2026. Mr. Quintenz will also serve on the audit committee of the Board. Mr. Quintenz's appointment follows the transition of the Company's Chief Financial Officer, Joseph A. Geraci, II, from Director, a position from which he has now resigned, to Board Observer. With the appointment of Mr. Quintenz, SUI Group's Board now comprises five members, three of whom the Board has determined to be independent under applicable Nasdaq rules.

Mr. Quintenz is a widely recognized leader in financial markets, public policy, and digital asset regulation. He currently serves on the board of Kalshi, an event-based derivatives exchange regulated by the U.S. Commodity Futures Trading Commission (the "CFTC") and has advised a range of leading institutions across the digital asset and financial services ecosystems.

Previously, Mr. Quintenz served as Global Head of Policy for a16z crypto, where he led policy strategy and engagement for one of the world's most influential digital asset investment platforms. He also served as a Commissioner of the CFTC, having been nominated by Presidents Obama and Trump, and unanimously confirmed by the U.S. Senate. During his tenure, he played a central role in shaping regulatory frameworks for derivatives, fintech, and digital assets, including early oversight of Bitcoin futures markets.

"Brian is a widely respected leaders in the digital asset industry, with a rare combination of capital markets expertise, regulatory credibility, and deep infrastructure knowledge," said Marius Barnett, Chairman of the Board. "His decision to join our Board and support our SUI treasury strategy represents a meaningful validation of both SUIG and the long-term potential of the Sui ecosystem. As we scale our efforts, we expect Brian's experience to be critical to maintaining institutional rigor, engaging constructively with policymakers, and positioning SUIG as a long-term participant in the institutional adoption of SUI."

Prior to his public service, Mr. Quintenz was the Founder and Managing Principal of Saeculum Capital Management and held a senior investment and advisory role at Hill-Townsend Capital, and served as a senior policy advisor in the U.S. House of Representatives.

**About SUI Group Holdings Limited**

SUI Group is the only publicly traded company with an official Sui Foundation relationship, providing institutional-grade exposure to the SUI blockchain. Through its industry-first SUI treasury strategy, SUI Group is building a premier, foundation-backed digital asset treasury platform designed for scale, transparency and long-term value creation. SUI's high-speed, horizontally scalable architecture positions it as one of the leading blockchains designed for mass adoption, powering next-generation applications in finance, gaming, AI and beyond. The Company plans to continue its specialty finance operations while executing its SUI treasury strategy. For more information, please visit <u>www.SUIG.io</u>.

**Forward Looking Statements**

This press release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of forward-looking terminology including "may," "believe," "expect," "intend," "anticipate," "plan," "should," "estimate," "continue," "potential," "will," "hope" or other similar words and include the Company's expectation of future performance contained herein. These statements include, but are not limited to, expectations regarding the Company's future performance and growth, its ability to successfully execute its strategic plans, the Company's digital asset treasury, and the nature and performance of digital assets held by the Company.

Forward-looking statements are subject to significant risks and uncertainties, many of which are beyond the Company's control. Actual results may differ materially from those expressed or implied in these statements due to various factors, including but not limited to: the inherent volatility and risks associated with investing in SUI, challenges in executing a new treasury diversification strategy, the capabilities and limitations of the SUI blockchain, the competitive environment of the Company's business among others, and the inherent uncertainties associated with the Company's business strategy, and the risk factors and other factors noted in the Company's Registration Statement on Form S-1 (File No. 333-289438), Annual Report on Form 10-K, any Quarterly Reports on Form 10-Q and the other documents that the Company files with the Securities and Exchange Commission. The risk factors and other factors noted therein could cause actual results to differ materially from those contained in any forward-looking statement. The Company disclaims any duty to update and does not intend to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release, except as may be required by law.

**Media Contact**

Gasthalter & Co.

<u>SUIG@gasthalter.com</u>

**Investor Relations Contact**

Sean Mansouri, CFA or Aaron D'Souza

Elevate IR

(720) 330-2829

<u>SUIG@elevate-ir.com</u>