# EDGAR Filing Document

**Accession Number:** 0001966233
**File Stem:** 0001493152-26-002350
**Filing Date:** 2026-1
**Character Count:** 31075
**Document Hash:** cd19db33ee9f43893035e4454a522c58
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-002350.hdr.sgml**: 20260115

**ACCESSION NUMBER**: 0001493152-26-002350

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

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260115

**DATE AS OF CHANGE**: 20260115

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NIP Group Inc.
- **CENTRAL INDEX KEY:** 0001966233
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94723
- **FILM NUMBER:** 26534821

**BUSINESS ADDRESS:**
- **STREET 1:** ROSENLUNDSGATAN 31
- **CITY:** STOCKHOLM
- **STATE:** V7
- **ZIP:** 118 63
- **BUSINESS PHONE:** 46-705775564

**MAIL ADDRESS:**
- **STREET 1:** ROSENLUNDSGATAN 31
- **CITY:** STOCKHOLM
- **STATE:** V7
- **ZIP:** 118 63

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ESVF Esports Group Inc.
- **DATE OF NAME CHANGE:** 20230216
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Prosperity Oak Holdings Ltd
- **CENTRAL INDEX KEY:** 0002085245

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D8
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** COMMERCE HOUSE, WICKHAMS CAY 1,
- **STREET 2:** P.O. BOX 3140, ROAD TOWN,
- **CITY:** TORTOLA
- **PROVINCE COUNTRY:** D8
- **ZIP:** VG1110
- **BUSINESS PHONE:** 852 84899659

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** COMMERCE HOUSE, WICKHAMS CAY 1,
- **STREET 2:** P.O. BOX 3140, ROAD TOWN,
- **CITY:** TORTOLA
- **PROVINCE COUNTRY:** D8
- **ZIP:** VG1110

## Exhibit 99.1

**Exhibit 99.1**

**JOINT FILING AGREEMENT**

This Joint Filing Agreement hereby confirms the agreement by and among the undersigned that the Schedule 13D filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership by the undersigned of the Class A Ordinary Shares, par value $0.0001 per share, of NIP Group Inc. is being filed, and all amendments thereto will be filed, on behalf of each of the entities named below that is named as a reporting person in such filing in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

IN WITNESS WHEREOF, each of the undersigned hereby executes this agreement as of January 13, 2026.

---

| | |
|:---|:---|
| **Prosperity Oak Holdings Limited** | **Prosperity Oak Holdings Limited** |
| By: | /s/ CHIU Chang-Wei |
| Name: | CHIU Chang-Wei |
| Title: | Director |

---

---

| |
|:---|
| /s/ CHIU Chang-Wei |
| CHIU Chang-Wei |

---

## Exhibit 99.3

**Exhibit 99.3**

**AMENDMENT TO THE ON-RACK SALES AND PURCHASE AGREEMENT**

This AMENDMENT (this "<u>Amendment</u>"), dated as of January 9, 2026 (the "<u>Effective Date</u>"), amends that certain On-Rack Sales and Purchase Agreement dated November 3, 2025 (the "<u>Agreement</u>"), by and between NIP Group Inc. (the "<u>Purchaser</u>") and the Persons listed in Section 1.1 of Schedule A thereto (the "<u>Sellers</u>"). Capitalized terms used but not defined herein have the meanings set forth in the Agreement.

<u>RECITALS</u>

WHEREAS, the Purchaser and the Sellers entered into the Agreement pursuant to which the Purchaser agrees to purchase the Purchased Assets and engage Cloud Mining Services on the terms set forth therein;

WHEREAS, the Parties desire to amend the Agreement as set forth herein, and this Amendment shall be binding on all Parties to the Agreement;

NOW, THEREFORE, in consideration of the mutual covenants herein and intending to be legally bound, the Parties agree as follows:

Section 1. <u>Definitions</u>.

---

| | |
|:---|:---|
| (a) | The following definition should be added to Clause 1.1 of the Agreement: |
|  | "**Product Purchase Price**" of a Seller means the product of USD8.00 per T, multiplied by the Product Hashrate of such Seller. |
| (b) | The following definition in Clause 1.1 of the Agreement shall be deleted in its entirety and replaced with the following: |
|  | "**Transaction Documents**" means this Agreement, Investor Rights Agreement, the Hosting Service Agreements, the Cloud Mining Services Agreements, the Notes, and any other agreements documents, certificate or writing delivered in connection with this Agreement. |
| (c) | The "**Long Stop Date**" as defined in the Agreement shall be changed to March 31, 2026. |

---

Section 2. <u>Closing Deliverables</u>.

---

| | |
|:---|:---|
| (a) | Clauses 2.3(a)(i) of the Agreement shall be deleted in its entirety and replaced with the following: |
|  | "the Issued Shares (as defined blow) of such Seller in the name of such Seller, as evidenced by a copy of relevant extracts of the register of members of the Purchaser reflecting such Seller as the legal owner of the Issued Shares;" |
| (b) | The following closing deliverable of the Purchaser shall be added to Clause 2.4(a) of the Agreement: |
|  | "the original executed Note in the principal amount of the Product Purchase Price of such Seller issued to such Seller;" |

---

Section 3. <u>Consideration</u>. Clauses 3.1 to 3.2 of the Agreement shall be deleted in its entirety and replaced with the following:

"3.1 The aggregate consideration for the Purchased Assets of a Seller in connection with the Proposed Transaction as set forth in this <u>Clause 3</u> shall be the Notes (as defined below), and the aggregate consideration for the Cloud Mining Services of a Seller in connection with the Proposed Transaction as set forth in this <u>Clause 3</u> shall be the Issued Shares (as defined below).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 At the Closing, subject to each Seller's fulfillment of its obligations under <u>Clause 4</u>,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in
 consideration of the Purchased Assets of such Seller, the Purchaser shall issue unlisted interest-free convertible notes (the "**Notes** ")
 in an aggregate principal amount of the Product Purchase Price of such Seller (the "**Principal Amount**") to such
 Seller in the form to be agreed by the relevant Seller and the Purchaser, which the Notes, subject to the terms and conditions therein,
 is convertible, in whole or in part, into certain number of Class A Ordinary Shares at an initial conversion price of US$0.2082617
 per Class A Ordinary Share (subject to adjustment) (the "**Conversion Price**") (such Class A Ordinary Shares so converted,
 the "**Conversion Shares** "). Upon the Seller's exercise of its right attaching to the Conversion Shares, against
 payment of the conversion price therefor (being the aggregate Conversion Price of the Conversion Shares), the Purchaser shall promptly
 issue to the Seller all of the Conversion Shares free and clear of all Encumbrances (other than (i) Encumbrances pursuant to the

 deliver to the Seller a copy of the relevant extracts of the register of members of the Purchaser reflecting the Seller as the legal
 owner of the Conversion Shares; and

(b) in
 consideration of the Cloud Mining Services of such Seller, the Purchaser shall issue to such Seller, and such Seller shall subscribe
 for from the Purchaser, in a private placement transaction and in consideration of the Cloud Mining Services of such Seller, such
 Seller's Issued Shares, free and clear of all Encumbrances (other than (i) Encumbrances pursuant to the constitutional documents

 by the Service Hashrate of such Seller (rounded down to the next whole share).

"**Consideration Shares**" mean, collectively, the Conversion Shares and the Issued Shares."

Section 4. <u>Representations and Warranties.</u> The following representation and warranty shall be added before Clause 6.1(v) of the Agreement:

"The Notes (when issued) shall constitute direct, unconditional and unsubordinated obligations of the Purchaser and will at all times rank pari passu and without any preference or priority among themselves and at least equally with all other present and future direct, unconditional and unsubordinated obligations of the Purchaser other than those preferred by Applicable Laws and except as expressly set forth in this Agreement and the other Transaction Documents. The issue of the Consideration Shares shall not be subject to any pre-emptive or similar rights."

Section 5. <u>Covenants</u>. The following covenant shall be added as Clause 6.8 of the Agreement:

"From and after the date hereof and until the Closing, except as expressly set forth in this Agreement and the other Transaction Documents, (i) neither the Purchaser nor any person acting on its behalf will take, directly or indirectly, any action that is designed to cause or result in an adjustment of the initial Conversion Price of the Notes that will impair the economic benefits of the holder of the Notes; and (ii) the Purchaser will not take any action that would reduce the Conversion Price of the Notes below a level that may be prescribed by Applicable Laws from time to time (if any)."

Section 6. <u>Further Assurance</u>. The following covenant shall be added as Clause 6.8 of the Agreement:

"If at any time the number of authorized but unissued Class A Ordinary Shares shall not be sufficient to effect the issue of the Consideration Shares in full, the Purchaser will take such corporate actions as may be necessary to seek further approval from its shareholders to authorize the board of directors of the Purchaser to allot, issue and deal with additional Class A Ordinary Shares to such number of Class A Ordinary Shares as shall be sufficient for such purpose."

Section 7. <u>Appendices</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The
 "Investor Rights Agreement" attached as <u>Exhibit B</u> to the Agreement is hereby deleted in its entirety and replaced
 with the form attached to this Amendment as Exhibit B (*New Investor Rights Agreement*).

(b) The
 "Cloud Mining Services Agreement" attached as <u>Exhibit C</u> to the Agreement is hereby deleted in its entirety and
 replaced with the form attached to this Amendment as Exhibit C (*New Cloud Mining Services Agreement*).

Section 8. <u>Certain Arrangements</u>. The parties acknowledge and agree that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Closing with respect to the Cloud Mining Services and the Purchased Assets may take place separately, in which event, the relevant
 provisions in the Agreement should apply to these Closings respectively, *mutatis muntandis*; and

(b) as
 set forth in greater details in <u>Exhibit A</u> attached hereto, Mining Ninjas Kazakh Limited (hereinafter " <u>Mining Ninjas KZ</u> ") and Armada Technologies Kazakhstan Limited (hereinafter " <u>Armada Technologies KZ</u> ") shall enter into
 the KZ SPA, pursuant to which Mining Ninjas KZ shall purchase the relevant machines from Armada Technologies KZ for the agreed sum
 of KZT 1,921,875,041 , which consists of KZT 1,715,959,858 in the form of KZ Payable, which will be subsequently assigned to Prosperity Oak and KZT 205,915,183 ,
 which represents value added tax associated with such sale, which remains payable by Mining Ninjas KZ to Armada Technologies KZ.
 As set forth in greater details in <u>Exhibit A</u> attached hereto, at the Closing, Prosperity Oak will cause the KZ Payable to
 be transferred to the Purchaser (which shall be deemed as Prosperity Oak, in its capacity as a Seller under the Agreement, having
 sold, assigned, transferred, conveyed and delivered to the Purchaser the KZ Purchased Assets pursuant to the terms of the Agreement
 at the Closing), in which event, the Company shall issue the relevant Note as consideration to Prosperity Oak, with the relevant
 provisions in the Agreement applying, *mutatis muntandis*. The steps set forth in <u>Exhibit A</u> shall be deemed
 incorporated by reference herein.

Section 9. <u>No Other Amendment</u>. The parties hereto hereby confirm that, (a) all references to "this Agreement" in the Agreement and any other Transaction Document shall be deemed to mean the Agreement, as amended by this Amendment, and (b) except as expressly set forth herein, the terms and conditions of the Agreement shall not be or be deemed to be amended, modified or waived by this Amendment and shall continue in full force and effect.

Section 10. <u>Miscellaneous</u>. Clause 11 (*Confidentiality and Communications*), Clause 13 (*Notices*), Clause 21 (*Governing Law and Dispute Resolution*), Clause 23 (*Counterparts and Electronic Signatures*) and Clause 24 (*Specific Performance*) of the Agreement shall apply to this Amendment *mutatis mutandis*.

Section 11. <u>Transaction Document</u>. This Amendment shall constitute a Transaction Document for purposes of the Sales and Purchase Agreement and each other Transaction Document. In the event of any conflict between the terms of this Amendment and the terms of the Agreement, the terms of this Amendment shall prevail.

\*\* REMAINDER OF PAGE INTENTIONALLY LEFT BLANK \*\*

(*Signature page for the Amendment to On-Rack Sales and Purchase Agreement*)

IN WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed as a deed as of the date first written above.

---

| | |
|:---|:---|
| **Prosperity Oak Holdings Limited** | **Prosperity Oak Holdings Limited** |
| Signature: | /s/ Chang-Wei Chiu |
| Name: | Chang-Wei Chiu |
| Title: | Director |

---

(*Signature page for the Amendment to On-Rack Sales and Purchase Agreement*)

IN WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed as a deed as of the date first written above.

---

| | |
|:---|:---|
| **Apex Cyber Capital Limited** | **Apex Cyber Capital Limited** |
| Signature: | /s/ KEE WEE KIANG, KENNETH |
| Name: | KEE WEE KIANG, KENNETH |
| Title: | Director |

---

(*Signature page for the Amendment to On-Rack Sales and Purchase Agreement*)

IN WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed as a deed as of the date first written above.

---

| | |
|:---|:---|
| **Noveau Jumpstar Limited** | **Noveau Jumpstar Limited** |
| Signature: | /s/ Sheng JIANG |
| Name: | Sheng JIANG |
| Title: | Director |

---

(*Signature page for the Amendment to On-Rack Sales and Purchase Agreement*)

IN WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed as a deed as of the date first written above.

---

| | |
|:---|:---|
| **NIP Group Inc.** | **NIP Group Inc.** |
| Signature: | /s/ Hicham Chahine |
| Name: | Hicham Chahine |
| Title: | Director |

---

**Exhibit A**

**Kazakhstan Transaction Steps**

**Step 1. Sale and Purchase Agreement and Pledge**

1.1 Armada Technologies Kazakhstan Limited ("**Armada Technologies KZ")** and Mining Ninjas Kazakh Limited ("**Mining Ninjas KZ**") has entered into a Sale and Purchase Agreement ("**KZ SPA**") in respect of 15,628 pieces of HASH Super Computing Server (Model S19XP, S19 JXP) (the "**KZ Purchased Assets**"), pursuant to which Mining Ninjas KZ shall pay to Armada Technologies KZ a consideration of KZT1,715,959,858 (exclusive of 12% value-added tax) (the "**KZ Payable**").

1.2. Armada Technologies KZ and Mining Ninjas have included in the KZ SPA pledge provisions (the "**KZ Pledge**"), pursuant to which the obligations of Mining Ninjas KZ under the KZ SPA to pay the KZ Payable is secured by a first priority pledge over the KZ Purchased Assets.

**Step 2. Assignment of the Claim**

2.1. Pursuant to and as permitted under the terms of the KZ SPA, Armada Technologies KZ will assign all its rights and obligations under the KZ SPA, including the KZ Payable, to Prosperity Oak Holdings Limited ("**Prosperity Oak**").

2.2 In connection with such assignment of the KZ Payable, the KZ Pledge will be assigned to and become in favor of Prosperity Oak as well.

**Step 3. Issuance of Convertible Bonds**

3.1. At the Closing, Prosperity Oak will assign all its rights and obligations under (i) the KZ SPA, including the KZ Payable, to NIP Group Inc. (the "**Purchaser**", and such assignment, the "**Closing KZ Assignment**").

3.2 The Closing KZ Assignment shall be deemed as Prosperity Oak, in its capacity as a Seller under the Agreement, having sold, assigned, transferred, conveyed and delivered to the Purchaser the KZ Purchased Assets pursuant to the terms of the Agreement at the Closing, and, in exchange therefore, the Purchaser shall issue a Note (such Note, the "**KZ Note**") in an aggregate principal amount of the Product Purchase Price of the KZ Purchased Assets, pursuant to the terms of the Agreement.

3.3. For the purposes of implementing the Closing KZ Assignment referred to in Clauses 3.1 and 3.2 above, Prosperity Oak shall enter into an assignment of claim agreement pursuant to which it agrees to assign its rights and claims under the KZ SPA, including the KZ Payable, to NIP Group Inc. (the "Conditional KZ Assignment"), such assignment being subject to a condition precedent that the Purchaser issues the relevant convertible bonds / note (the "KZ Note") within forty-five (45) days.

Upon issuance of the KZ Note within such 45-day period, the condition precedent shall be deemed satisfied and the Conditional KZ Assignment shall automatically become effective, and all rights and claims of Prosperity Oak under the KZ SPA, including the KZ Payable and any related security interests, shall be deemed transferred to NIP Group Inc. as contemplated by Clauses 3.1 and 3.2.

If the KZ Note is not issued within such 45-day period, the condition precedent shall not be satisfied, the Conditional KZ Assignment shall not become effective, and Prosperity Oak shall retain all its rights and claims under the KZ SPA.

3.4. If the KZ Note is not issued within 45 days after the date of the KZ SPA, the transaction under the KZ SPA may be rewound at the election of Armada Technologies KZ pursuant to the terms of the KZ SPA.

**Exhibit B**

**New Investor Rights Agreement**

**Exhibit C**

**New Cloud Mining Services Agreement**

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 2)**

**NIP Group Inc.**

*(Name of Issuer)*

**Class A Ordinary Shares, par value US$0.0001 per share**

*(Title of Class of Securities)*

**654503101**

*(CUSIP Number)*

**CHIU Chang-Wei**<br>No. 2A, 255 Des Voeux Road West,<br>Sai Ying Pun, Hong Kong<br>Hong Kong K3 000000<br>852 84899659

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

**01/09/2026**

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

| **CUSIP No.** | **654503101** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Prosperity Oak Holdings Limited** | Name of reporting person<br>**Prosperity Oak Holdings Limited** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (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>**D8** | Citizenship or place of organization<br>**D8** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**57965652.00** |
| 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>**57965652.00** |
| 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>**57965652.00** | Aggregate amount beneficially owned by each reporting person<br>**57965652.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | |
| 13 | Percent of class represented by amount in Row (11)<br>**15.9%** | Percent of class represented by amount in Row (11)<br>**15.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** 1. Note to Row 1:  Mr. CHIU Chang-Wei holds 100% of the voting power of the shares of Prosperity Oak Holdings Limited.
2. Each of Row 7, 9, and 11 represents 57,965,652 Class A Ordinary Shares held by Prosperity Oak Holdings Limited.
3. Note to Row 13: The percentage of class of securities beneficially owned by Prosperity Oak Holdings Limited is calculated based on a total of 365,280,890 Class A Ordinary Shares issued and outstanding (consisting of (i) 197,363,156 Class A Ordinary Shares issued and outstanding as reported in the Reporting Person's Schedule 13D Amendment No. 1 filed with the Securities and Exchange Commission on November 5, 2025; plus (ii) 167,917,734 Class A Ordinary shares issued to certain persons as the consideration of the Transaction (as defined herein below) on January 9, 2026, as reported in Exhibit 99.1 of the Issuer's Form 6-K filed with the Securities and Exchange Commission on January 13, 2026. The voting power of the shares beneficially owned by Prosperity Oak Holdings Limited represents 5.2% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by Prosperity Oak Holdings Limited by the voting power of (i) a total of 365,280,890 Class A Ordinary Shares issued and outstanding as described above, and (ii) 24,641,937 Class B1 Ordinary Shares issued and outstanding and 13,362,381 Class B2 Ordinary Shares issued and outstanding as of June 27, 2025, as reported in the Reporting Person's Schedule 13D Amendment No. 1 filed with the Securities and Exchange Commission on November 5, 2025. In respect of all matters subject to a shareholders' vote, each Class A ordinary share is entitled to one vote, each Class B1 ordinary share is entitled to 20 votes, and each Class B2 ordinary share is entitled to 20 votes, voting together as one class.

| **CUSIP No.** | **654503101** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**CHIU Chang-Wei** | Name of reporting person<br>**CHIU Chang-Wei** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (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>**HONG KONG** | Citizenship or place of organization<br>**HONG KONG** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**57965652.00** |
| 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>**57965652.00** |
| 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>**57965652.00** | Aggregate amount beneficially owned by each reporting person<br>**57965652.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[x] | |
| 13 | Percent of class represented by amount in Row (11)<br>**15.9%** | Percent of class represented by amount in Row (11)<br>**15.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** 1. Note to Row 1:  Mr. CHIU Chang-Wei holds 100% of the voting power of the shares of Prosperity Oak Holdings Limited.
2. Each of Row 7, 9, and 11 represents 57,965,652 Class A Ordinary Shares held by Prosperity Oak Holdings Limited.
3. Note to Row 13: The percentage of class of securities beneficially owned by Prosperity Oak Holdings Limited is calculated based on a total of 365,280,890 Class A Ordinary Shares issued and outstanding (consisting of (i) 197,363,156 Class A Ordinary Shares issued and outstanding as reported in the Reporting Person's Schedule 13D Amendment No. 1 filed with the Securities and Exchange Commission on November 5, 2025; plus (ii) 167,917,734 Class A Ordinary shares issued to certain persons as the consideration of the Transaction (as defined herein below) on January 9, 2026, as reported in Exhibit 99.1 of the Issuer's Form 6-K filed with the Securities and Exchange Commission on January 13, 2026). The voting power of the shares beneficially owned by Prosperity Oak Holdings Limited represents 5.2% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by Prosperity Oak Holdings Limited by the voting power of (i) a total of 365,280,890 Class A Ordinary Shares issued and outstanding as described above, and (ii) 24,641,937 Class B1 Ordinary Shares issued and outstanding and 13,362,381 Class B2 Ordinary Shares issued and outstanding as of June 27, 2025, the Reporting Person's Schedule 13D Amendment No. 1 filed with the Securities and Exchange Commission on November 5, 2025. In respect of all matters subject to a shareholders' vote, each Class A ordinary share is entitled to one vote, each Class B1 ordinary share is entitled to 20 votes, and each Class B2 ordinary share is entitled to 20 votes, voting together as one class.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A Ordinary Shares, par value US$0.0001 per share

**(b) Name of Issuer:**
NIP Group Inc.

**(c) Address of Issuer's Principal Executive Offices:**
Rosenlundsgatan 31, 11 863, Stockholm, Sweden, Stockholm, V7, 11863

**Item 4. Purpose of Transaction**

On November 3, 2025, the Issuer, the Reporting Person, Apex Cyber Capital Limited and certain other party (the "Second Tranche Selling Parties") entered into an asset-purchase agreement (as amended from time to time, the "Second Tranche Agreement"). Under the agreement, subject to certain closing conditions, the Issuer will acquire mining infrastructure and computational capacity with a combined hash rate of approximately 8.19 EH/s  and will issue an aggregate of up to 314,515,762 Class A ordinary shares as consideration to the Second Tranche Selling Parties and/or the sellers that they procure.

On January 9, 2026, the Issuer and the Second Tranche Selling Parties entered into an Amendment to the Second Tranche Agreement (the "Second Amendment"), which provided that the closing with respect to the computational capacity and the mining infrastructure may take place separately. The combined hash rate acquired or to be acquired by the Issuer under the Second Tranche Agreement as amended by the Second Amendment remains approximately 8.19 EH/s (the "Transaction"). Pursuant to the amended Second Tranche Agreement and upon the initial closing of the Transaction on January 9, 2026, the Issuer has issued an aggregate of 167,917,734  Class A ordinary shares to the sellers that the Second Tranche Selling Parties procure. Upon the subsequent closing of the Transaction, the Issuer will issue the unlisted interest-free convertible notes, which subject to the terms and conditions therein, are convertible into up to 146,598,028 Class A ordinary shares. Such convertible notes are not included in the beneficial ownership reporting in this amendment, as such documents have not been substantially finalized.

The information set forth in Item 6 is hereby incorporated by reference in its entirety.

Other than as set forth in this Schedule 13D, no Reporting Person has any present plans or proposals which relate to or would result in:

(a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;

(b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;

(c) A sale or transfer of a material amount of assets of the Issuer or of any of its subsidiaries;

(d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

(e) Any material change in the present capitalization or dividend policy of the Issuer;

(f) Any other material change in the Issuer's business or corporate structure;

(g) Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;

(h) A class of securities of the Issuer being delisted from a national securities exchange or ceasing to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

(i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or

(j) Any action similar to any of those enumerated above.

### 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:** Prosperity Oak Holdings Limited

**Signature:** /s/ CHIU Chang-Wei

**Name/Title:** CHIU Chang-Wei/Director

**Date:** 01/15/2026

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:** CHIU Chang-Wei

**Signature:** /s/ CHIU Chang-Wei

**Name/Title:** CHIU Chang-Wei

**Date:** 01/15/2026