# EDGAR Filing Document

**Accession Number:** 0001967478
**File Stem:** 0001213900-26-034686
**Filing Date:** 2026-3
**Character Count:** 6397
**Document Hash:** 21074035d97a157069ce7981626538c6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-034686.hdr.sgml**: 20260326

**ACCESSION NUMBER**: 0001213900-26-034686

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260318

**FILED AS OF DATE**: 20260326

**DATE AS OF CHANGE**: 20260326

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Lee Ho Joon
- **CENTRAL INDEX KEY:** 0002000989

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41869
- **FILM NUMBER:** 26797943

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** UNIT 18B NAILSWORTH MILLS ESTATE
- **STREET 2:** AVENING ROAD
- **CITY:** NAILSWORTH
- **PROVINCE COUNTRY:** X0
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Captivision Inc.
- **CENTRAL INDEX KEY:** 0001967478
- **STANDARD INDUSTRIAL CLASSIFICATION:** MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 000000000
- **STATE OF INCORPORATION:** M5
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 298-42 CHUNG-BUK CHUNGANG-RO CHUNG-BUK
- **STREET 2:** PYEONG-TAEK
- **CITY:** GYOUNGGI
- **STATE:** M5
- **ZIP:** 00000
- **BUSINESS PHONE:** 82 70 5106 2804

**MAIL ADDRESS:**
- **STREET 1:** 298-42 CHUNG-BUK CHUNGANG-RO CHUNG-BUK
- **STREET 2:** PYEONG-TAEK
- **CITY:** GYOUNGGI
- **STATE:** M5
- **ZIP:** 00000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Phygital Immersive Ltd
- **DATE OF NAME CHANGE:** 20230322

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Phygital Immersive Limited.
- **DATE OF NAME CHANGE:** 20230228

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

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Lee Ho Joon<br><sub>(Last) (First) (Middle)</sub><br>C/O CAPTIVISION INC. 298-42 CHUNG-BUK<br>CHUNGANG-RO CHUNG-BUK<br><sub>(Street)</sub><br>PYEONG-TAEK, GYOUNGGI, KOREA, REPUBLIC OF 17800<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Captivision Inc. [ CAPT ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2026-03-18 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director   [ ] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| ORDINARY SHARES | 42213 | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| OPTION TO PURCHASE<sup>(1)</sup> | 2024-03-20 | 2027-03-29 | ORDINARY SHARES | 32032 | $4.84 | D |  |
| RESTRICTED STOCK RIGHT<sup>(2)</sup> | <sup>(3)</sup> | <sup>(3)</sup> | ORDINARY SHARES | 666666.67 | <sup>(3)</sup> | D |  |
| RESTRICTED STOCK RIGHT<sup>(2)</sup> | <sup>(4)</sup> | <sup>(4)</sup> | ORDINARY SHARES | 666666.67 | <sup>(4)</sup> | D |  |
| RESTRICTED STOCK RIGHT<sup>(2)</sup> | <sup>(5)</sup> | <sup>(5)</sup> | ORDINARY SHARES | 666666.67 | <sup>(5)</sup> | D |  |
| FOUNDER WARRANTS | 2023-11-15 | 2028-11-15 | ORDINARY SHARES | 711747 | $11.50 | D |  |

---

### Footnotes:

(1) In connection with the Issuer's business combination, the Reporting Person's stock options in Captivision Korea Inc. were converted into vested options to acquire 32,032 Ordinary Shares of the Issuer.

(2) Each restricted stock right ("RSR") represents a contingent right to receive an equal number of Ordinary Shares upon vesting.

(3) 666,666.67 RSRs were granted to the Reporting Person on March 2, 2023. The RSRs will vest and be settled if, from November 15, 2023 to November 15, 2026 (the "Earnout Period"), the daily volume weighted average price ("VWAP") of the Ordinary Shares is greater than or equal to $12.00 for any twenty trading days within any thirty consecutive trading period.

(4) 666,666.67 RSRs were granted to the Reporting Person on March 2, 2023. The RSRs will vest and be settled if, during the Earnout Period, the daily VWAP of the Ordinary Shares is greater than or equal to $14.00 for any twenty trading days within any thirty consecutive trading day period.

(5) 666,666.67 RSRs were granted to the Reporting Person on March 2, 2023. The RSRs will vest and be settled if, during the Earnout Period, the daily VWAP of the Ordinary Shares is greater than or equal to $16.00 for any twenty trading days within any thirty consecutive trading day period

**Signature:** /s/ Ho Joon Lee  
**Date:** 2026-03-26

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**