Summary by Futu AI
Tolsona Ltd. and Felix Granander have jointly filed a Schedule 13G, disclosing a significant ownership stake in NIP Group Inc. As of September 30, 2024, they beneficially own 12,268,258 Class A ordinary shares, representing 10.9% of the company's total outstanding shares.Tolsona Ltd., a Cyprus-based company wholly owned by Swedish citizen Felix Granander, directly holds the shares. This ownership grants them 1.5% of the aggregate voting power, reflecting NIP Group's dual-class share structure where Class B shares carry 20 votes per share compared to one vote for Class A shares.The filing, dated December 31, 2024, provides insights into NIP Group's capital structure, indicating a total of 112,476,359 ordinary shares outstanding as of July 30, 2024. This includes 74,472,041 Class A shares, 24,641,937 Class B1 shares, and 13,362,381 Class B2 shares.