Apex Cyber Capital Limited Acquires Significant Stake in NIP Group Inc.


2025-09-12SEC Filing SCHEDULE 13D (0001641172-25-027150)

Apex Cyber Capital Limited, a British Virgin Islands-based investment holding company, has acquired 61,587,787 Class A Ordinary Shares of NIP Group Inc., representing approximately 31.2% of the total outstanding shares. This acquisition was part of a transaction involving the purchase of on-rack crypto mining machines with an aggregate hash rate of 1.60 Exahash per second. The transaction was completed on September 5, 2025, following an asset-purchase agreement and subsequent amendments. As part of the agreement, Apex Cyber Capital Limited has the right to appoint one director to the board of NIP Group Inc. and has appointed Kee Wee Kiang Kenneth. The filing also includes details of an Investor Rights Agreement granting Apex Cyber Capital Limited customary registration rights.


Tickers mentioned in this filing:NIPG