# EDGAR Filing Document

**Accession Number:** 0001966233
**File Stem:** 0001493152-26-026862
**Filing Date:** 2026-6
**Character Count:** 16322
**Document Hash:** 29f2e4a526b037ae4d70b2c39103fdd4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-026862.hdr.sgml**: 20260602

**ACCESSION NUMBER**: 0001493152-26-026862

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260602

**FILED AS OF DATE**: 20260602

**DATE AS OF CHANGE**: 20260602

**FILER**: 

**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:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42160
- **FILM NUMBER:** 261055737

**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

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16 UNDER**

**THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of June 2026**

**Commission File Number: 001-42160**

**NIP Group Inc.**

**Rosenlundsgatan 31**

**11 863 Stockholm**

**Sweden**

**+46 8133700**

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

**NIP Group Inc. Announces Additional Closing of the Second Tranche of Its Bitcoin Mining Capacity Acquisition**

Reference is made to the Current Reports on Form 6-K furnished by NIP Group Inc. (the "Company") with the Securities and Exchange Commission on November 3, 2025 and January 13, 2026, which described, among other things, the entry into a second asset purchase agreement (the "Tranche 2 APA"), and an amendment thereto, in connection with the Company's acquisition of additional Bitcoin mining capacity (the "Transaction") from certain sellers (the "Sellers"). The initial closing under the Transaction was completed on January 9, 2026 and settled through issuance of 167,917,734 Class A ordinary shares of the Company to the Sellers and/or their assignees.

On May 29, 2026, the Company entered into a second amendment to the Tranche 2 APA (the "Tranche 2 APA Amendment"). Pursuant to the Tranche 2 APA Amendment, the parties agreed that the remaining closings under the Transaction, which had previously been contemplated to be settled through issuance of convertible notes, will instead be settled through issuance of Class A ordinary shares of the Company.

On May 29, 2026, the Company also completed a second closing under the Transaction and issued an aggregate of 62,579,674 Class A ordinary shares of the Company to the Sellers and/or their assignees as consideration for the acquired mining assets.

The remaining closing under the Transaction, when completed, is also expected to be settled through issuance of Class A ordinary shares of the Company in accordance with the Tranche 2 APA Amendment.

**EXHIBIT INDEX**

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| Exhibit 99.1 | [Form of Second Amendment to the On-rack Sales and Purchase Agreement](ex99-1.htm) |

---

**SIGNATURE**

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, thereunto duly authorized.

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| | |
|:---|:---|
| **NIP Group Inc.** | **NIP Group Inc.** |
| By: | */s/ Mario Yau Kwan Ho* |
| Name: | Mario Yau Kwan Ho |
| Title: | Co-Chief Executive Officer |
| By: | */s/ Hicham Chahine* |
| Name: | Hicham Chahine |
| Title: | Co-Chief Executive Officer |

---

Date: June 2, 2026

## Exhibit 99.1

**Exhibit 99.1**

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

This SECOND AMENDMENT (this "<u>Second Amendment</u>"), dated as of _________, 2026 (the "<u>Effective Date</u>"), further amends that certain On-Rack Sales and Purchase Agreement dated November 3, 2025 (the "<u>Original Agreement</u>"), as amended by that certain Amendment to the On-Rack Sales and Purchase Agreement dated January 9, 2026 (the "<u>First Amendment</u>", and together with the Original Agreement, 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 Original Agreement pursuant to which the Purchaser agrees to purchase the Purchased Assets and engage Cloud Mining Services on the terms set forth therein;

WHEREAS, pursuant to the First Amendment, the Parties agreed, *inter alia*, that (a) the consideration for the Purchased Assets of each Seller shall be in the form of unlisted interest-free convertible notes (the "<u>Notes</u>") and (b) the consideration for the Cloud Mining Services of each Seller shall be in the form of Class A Ordinary Shares (the "<u>Issued Shares</u>"), and made certain other amendments to the Original Agreement;

WHEREAS, as permitted by Section 8(a) of the First Amendment, the Closing with respect to the Cloud Mining Services and the Purchased Assets took place separately, and the Closing with respect to the Cloud Mining Services occurred on January 9, 2026 (the "<u>CMS Closing Date</u>"), and the Issued Shares have been duly issued to the applicable Sellers;

WHEREAS, the Parties now desire to further amend the Agreement, and this Second 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>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The
 following definition shall be added to Clause 1.1 of the Agreement:

"**Product Shares**" of a Seller means a number of Class A Ordinary Shares equal to the product of Consideration Shares per T multiplied by the Product Hashrate of such Seller (rounded to the nearest whole share).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The
 following definition in Clause 1.1 of the Agreement (as amended by Section 1(b) of the First
 Amendment) shall be deleted in its entirety and replaced with the following:

"**Transaction Documents**" means this Agreement, the Investor Rights Agreement, the Hosting Service Agreements, the Cloud Mining Services Agreements, and any other agreement, document, certificate or writing delivered in connection with this Agreement, each as may be amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The
 " <u>Long Stop Date</u> " as defined in the Agreement (as amended by Section 1(c)
 of the First Amendment) shall be further changed to July 31, 2026.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The
 following closing deliverable of the Purchaser shall be added to Clause 2.3(a) of the Agreement:

"the Product Shares 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 Product Shares;"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The
 additional closing deliverable of the Purchaser added to Clause 2.3(a) of the Agreement pursuant
 to Section 2(b) of the First Amendment (relating to the delivery of an original executed
 Note in the principal amount of the Product Purchase Price of such Seller issued to such
 Seller) is hereby deleted in its entirety.

Section 3. <u>Consideration</u>. Clauses 3.1 and 3.2 of the Agreement (as amended by Section 3 of the First Amendment) shall be deleted in their 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 Clause 3 shall be the Product Shares of such Seller, and the aggregate consideration for the Cloud Mining Services of a Seller in connection with the Proposed Transaction shall be the Issued Shares of such Seller, in each case to be issued to such Seller by the Purchaser as set forth in this Clause 3.

&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 Clause 4,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in
 consideration of the Purchased Assets 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 Purchased Assets of such Seller, such Seller's Product
 Shares, free and clear of all Encumbrances (other than (i) Encumbrances pursuant to the constitutional

 or its Affiliates); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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

 or its Affiliates). For purposes hereof, "Issued Shares" of a Seller shall mean
 a number of Class A Ordinary Shares equal to the product of Consideration Shares per T multiplied
 by the Service Hashrate of such Seller (rounded to the nearest whole share).

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

Section 4. <u>Representations and Warranties</u>. The additional representation and warranty added before Clause 6.1(v) of the Agreement pursuant to Section 4 of the First Amendment (relating to the ranking of the Notes) is hereby deleted in its entirety.

Section 5. <u>Covenants</u>. The additional covenant added as Clause 6.8 of the Agreement pursuant to Section 5 of the First Amendment (relating to the Conversion Price of the Notes) is hereby deleted in its entirety.

Section 6. <u>Kazakhstan Transaction Steps</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Section
 8(b) of the First Amendment and Clauses 3.1-3.4 of the <u>Exhibit A</u> shall be amended
 such that all references to (i) the "relevant Note" and "KZ Note"
 shall be replaced with references to the relevant "Product Shares" to be issued
 by the Purchaser to Prosperity Oak as consideration for the KZ Purchased Assets, and (ii)
 the "convertible bonds / note" shall be replaced with "Product Shares",
 in each case, *mutatis mutandis*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) For
 the avoidance of doubt, at the Closing, upon the completion of the Closing KZ Assignment,
 the Purchaser shall issue to Prosperity Oak the Product Shares attributable to the KZ Purchased
 Assets (calculated as the product of Consideration Shares per T multiplied by the Product
 Hashrate of the KZ Purchased Assets (rounded down to the next whole share)), in lieu of the
 KZ Note.

 ****

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Prosperity
 Oak hereby irrevocably waives any and all rights, remedies, claims and consequences arising
 from or in connection with the failure to issue the KZ Note or Product Shares within the
 forty-five (45) day period specified in Clause 3.3 of <u>Exhibit A</u> to the First Amendment.

Section 7. <u>Acknowledgements</u>. The Parties acknowledge and agree that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Closing with respect to the Cloud Mining Services has occurred on the CMS Closing Date, and
 the Issued Shares have been duly issued to the applicable Sellers in accordance with the
 terms of the Agreement (as amended by the First Amendment), and such issuance shall not be
 affected by this Second Amendment;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 consideration for the Purchased Assets of each Seller shall be the Product Shares, to be
 issued at the Closing with respect to the Purchased Assets in accordance with the terms of
 the Agreement (as amended by this Second Amendment); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) for
 the avoidance of doubt, Section 8(a) of the First Amendment (permitting separate Closings
 for the Cloud Mining Services and the Purchased Assets) shall continue to apply.

Section 8. <u>Waiver of Accrued Termination Rights.</u> Each of the Parties hereby irrevocably waives any right it may have to terminate this Agreement pursuant to Clause 12.1(b) of the Agreement arising from the fact that the Closing with respect to the Purchased Assets has not occurred on or prior to March 31, 2026 (i.e., the Long Stop Date as previously amended by Section 1(c) of the First Amendment), and confirms that (i) no notice of termination has been given or is intended to be given pursuant to Clause 12.1(b) in connection therewith, and (ii) the Agreement remains in full force and effect as of the Effective Date.

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 the First Amendment and this Second Amendment, and (b) except as expressly set forth herein, the terms and conditions of the Agreement (as amended by the First Amendment) shall not be or be deemed to be amended, modified or waived by this Second 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 Second Amendment *mutatis mutandis*.

Section 11. <u>Transaction Document</u>. This Second Amendment shall constitute a Transaction Document for purposes of the Agreement and each other Transaction Document. In the event of any conflict between the terms of this Second Amendment and the terms of the Agreement (including as amended by the First Amendment), the terms of this Second Amendment shall prevail.

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

(*Signature page for the Second 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.

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

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(*Signature page for the Second 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.

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

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(*Signature page for the Second 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.

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

---

(*Signature page for the Second 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.

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

---