# EDGAR Filing Document

**Accession Number:** 0002058477
**File Stem:** 0002058477-25-000004
**Filing Date:** 2025-10
**Character Count:** 16861
**Document Hash:** 95e7b44c94a647aa037fd0155f92a3f1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002058477-25-000004.hdr.sgml**: 20251024

**ACCESSION NUMBER**: 0002058477-25-000004

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

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251024

**DATE AS OF CHANGE**: 20251024

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BK Technologies Corp
- **CENTRAL INDEX KEY:** 0000002186
- **STANDARD INDUSTRIAL CLASSIFICATION:** RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 593486297
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-10240
- **FILM NUMBER:** 251414845

**BUSINESS ADDRESS:**
- **STREET 1:** 7100 TECHNOLOGY DRIVE
- **CITY:** WEST MELBOURNE
- **STATE:** FL
- **ZIP:** 32904
- **BUSINESS PHONE:** 321-984-1414

**MAIL ADDRESS:**
- **STREET 1:** 7100 TECHNOLOGY DRIVE
- **CITY:** WEST MELBOURNE
- **STATE:** FL
- **ZIP:** 32904

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BK Technologies, Inc.
- **DATE OF NAME CHANGE:** 20180604

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RELM WIRELESS CORP
- **DATE OF NAME CHANGE:** 19980129

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ADAGE INC
- **DATE OF NAME CHANGE:** 19920703
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hilve Holdings Ltd
- **CENTRAL INDEX KEY:** 0002058477

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** G4
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** SPYROU ARAOUZOU, 25, BERENGARIA 25
- **STREET 2:** 5TH FLOOR, OFFICE 2, 3036
- **CITY:** LIMASSOL
- **PROVINCE COUNTRY:** G4
- **ZIP:** -
- **BUSINESS PHONE:** 357 95 158 722

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** SPYROU ARAOUZOU, 25, BERENGARIA 25
- **STREET 2:** 5TH FLOOR, OFFICE 2, 3036
- **CITY:** LIMASSOL
- **PROVINCE COUNTRY:** G4
- **ZIP:** -

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

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 2)**

**Issuer:** BK Technologies Corp

**Title of Class of Securities:** Common Stock, par value $0.60 per share

**CUSIP Number:** 05587G203

**Date of Event Which Requires Filing of this Statement:** 09/30/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [x] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Hilve Holdings Ltd | Names of Reporting Persons<br>Hilve Holdings Ltd |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>G4 | Citizenship or Place of Organization<br>G4 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>280000.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>— |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>280000.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>— |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>280000.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>280000.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>7.5% | Percent of Class Represented by Amount in Row (9)<br>7.5% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

---

| 1. | Names of Reporting Persons<br>Valdor Global DMCC | Names of Reporting Persons<br>Valdor Global DMCC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>C0 | Citizenship or Place of Organization<br>C0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>32331.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>— |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>32331.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>— |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>32331.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>32331.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.9% | Percent of Class Represented by Amount in Row (9)<br>0.9% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

---

| 1. | Names of Reporting Persons<br>Ingenium Foundation | Names of Reporting Persons<br>Ingenium Foundation |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>C0 | Citizenship or Place of Organization<br>C0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>32331.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>— |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>32331.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>— |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>32331.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>32331.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.9% | Percent of Class Represented by Amount in Row (9)<br>0.9% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** The Reporting Person is a private foundation roganised under the law of the United Arab Emirates.

---

| 1. | Names of Reporting Persons<br>Mikhail Stiskin | Names of Reporting Persons<br>Mikhail Stiskin |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>L3 | Citizenship or Place of Organization<br>L3 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>313331.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>— |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>313331.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>— |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>313331.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>313331.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>8.4% | Percent of Class Represented by Amount in Row (9)<br>8.4% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

---

**Item 1(a). Name of Issuer:**
BK Technologies Corp

**Item 1(b). Address of Issuer's Principal Executive Offices:**
7100 TECHNOLOGY DRIVE, WEST MELBOURNE, FLORIDA, 32904

**Item 2(a). Name of Person Filing:**
(i) Hilve Holdings Limited, (ii) Valdor Global DMCC, (iii) Ingenuim Foundation and (iv) Mikhail Stiskin (collectively, the "Reporting Persons")

**Item 2(b). Address of Principal Business Office:**
(i) For Hilve Holdings Ltd.: Spyrou Araouzou, 25, Beregaria 25, 5th Floor, Office 2, 3036, Limassol, Republic of Cyprus,
(ii) For Valdor Global DMCC: Unit No: 1389, DMCC Business Centre, Level No 1, Jewellery & Gemplex 3, Dubai, United Arab Emirates,
(iii) For Ingenium Foundation: Dubai International Financial Centre, Unit GA-00-SZ-L1-RT-208, Gate Avenue - South Zone, Floor Level 1, Dubai, United Arab Emirates, and
(iv) For Mikhail Stiskin: Onisilou, 8A, Rita Court 1, Block B, Flat/Office 208, Agios Tychonas, 4532, Limassol, Republic of Cyprus.

**Item 2(c). Citizenship:**
(i) Hlive Holdings Limited was established under the laws of the Republic of Cyprus, (ii) Valdor Global DMCC was established under the laws of the United Arab Emirates, (iii) Ingenuim Foundation was established under the laws of the United Arab Emirates, and (iv) and (ii) Mikhail Stiskin is a citizen of Israel.

**Item 2(d). Title of Class of Securities:**
Common Stock, par value $0.60 per share

**Item 2(e). CUSIP Number:**
05587G203

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

Hilve Holdings Limited directly holds 280,000 shares of Common Stock, par value $0.60 per share ("Common Stock"), of BK Technologies Corporation (the "Issuer"). Valdor Global DMCC directly holds 32,331 shares of Common Stock of the Issuer. Ingenium Foundation, as the sole shareholder of Valdor Global DMCC, may be deemed the beneficial owner of 32,331 shares of Common Stock held by Valdor Global DMCC. Mikhail Stiskin, as the sole shareholder of Hilve Holdings Limited and the founder and sole beneficiary of the Ingenium Foundation may be deemed the beneficial owner of 312,331 shares of Common Stock held by Hilve Holdings.

**(b) Percent of class:**

Hilve Holdings Limited may be deemed the beneficial owner of 7.5% of the outstanding shares of Common Stock of the Issuer. Valdor Global DMCC may be deemed the beneficial owner of 0.9% of the outstanding shares of Common Stock of the Issuer. Ingenium Foundation may be deemed the beneficial owner owner of 0.9%  of the outstanding shares of Common Stosk of the Issuer. Mikhail Stiskin may be deemed the beneficial owner of 8.4% of the outstanding shares of Common Stock.
Such percentages are based on 3,733,664 shares of Common Stock of the Issuer outstanding as of August 7, 2025, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange
Commission on August 14, 2025.

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

As of the date hereof, Hilve Holdings Limited has the sole power to vote or to direct the vote of 280,000 shares of Common Stock of the Issuer. Valdor Global DMCC has the sole power to vote or to direct the vote of 32,331 shares of Common Stock of the Issuer. Ingenium Foundation, as the sole shareholder of Valdor Global DMCC, has the sole power to vote or direct the vote of 32,331 shares of Common Stock of the Issuer. Mikhail Stiskin as the sole shareholder of Hilve Holdings Limited and the founder and sole beneficiary of the Ingenium Foundation may be deemed to have the sole power to vote or to direct the vote of 312,331 shares of Common Stosk of the Issuer.

**(ii) Shared power to vote or to direct the vote:**

As of the date hereof, each of the Reporting Persons has shared power to vote or direct the vote of 0 shares of Common Stock of the Issuer.

**(iii) Sole power to dispose or to direct the disposition of:**

As of the date hereof, Hilve Holdings Limited has the sole power to dispose or to direct the disposition of 280,000 shares of Common Stock of the Issuer. Valdor Global DMCC has the sole power to dispose or to direct the disposition of 32,331 shares of Common Stock of the Issuer. Ingenium Foundation, as the sole shareholder of Valdor Global DMCC, has the sole power to dispose or to direct the disposition of 32,331 shares of Common Stock of the Issuer. Mikhail Stiskin as the sole shareholder of Hilve Holdings Limited and the founder and sole beneficiary of the Ingenium Foundation may be deemed to have the sole power to dispose or to direct the disposition of 312,333 shares of Common Stock of the Issuer.

**(iv) Shared power to dispose or to direct the disposition of:**

As of the date hereof, each of the Reporting Persons has shared power to dispose or to direct the disposition of 0 shares of Common Stock of the Issuer.

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

### 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.

**Hilve Holdings Ltd**

**Date:** 10/24/2025

**By:** /s/ Asya Andreeva

**Name & Title:** Asya Andreeva / Director

**Valdor Global DMCC**

**Date:** 10/24/2025

**By:** /s/ Marina Mackinder

**Name & Title:** Marina Mackinder / Manager

**Ingenium Foundation**

**Date:** 10/24/2025

**By:** /s/ Asya Andreeva

**Name & Title:** Asya Andreeva / Chairman of the Foundation Council

**Mikhail Stiskin**

**Date:** 10/24/2025

**By:** /s/ Mikhail Stiskin

**Name & Title:** self