[SCHEDULE 13G/A] Abits Group Inc Amended Passive Investment Disclosure
Abits Group holders Empery and Lane report 0% stake
Empery Asset Management LP and Ryan M. Lane report that they beneficially own 0 Ordinary Shares of Abits Group Inc. and therefore hold 0% of the class.
Empery Asset Management LP and Ryan M. Lane report that they beneficially own 0 Ordinary Shares of Abits Group Inc. and therefore hold 0% of the class. They report no sole or shared voting or dispositive power over any Ordinary Shares.
The percentage ownership is calculated using 2,961,447 Ordinary Shares outstanding as of April 29, 2026, as reported by Abits Group Inc. The reporting parties also disclaim beneficial ownership of any Ordinary Shares held by related investment funds.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:0 Ordinary SharesOwnership percentage:0%Shares outstanding:2,961,447 Ordinary Shares+1 more
4 metrics
Beneficially owned shares0 Ordinary SharesReported beneficial ownership by each reporting person
Ownership percentage0%Percent of Abits Group Inc. Ordinary Shares class reported by each reporting person
Shares outstanding2,961,447 Ordinary SharesOutstanding as of April 29, 2026, used to calculate ownership percentages
Reporting date07/29/2026Date signed by Ryan M. Lane as authorized signatory and individually
Key Terms
beneficial owner, dispositive power, investment manager, general partner
4 terms
beneficial ownerfinancial
"may be deemed to be the beneficial owner of all of the Ordinary Shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
dispositive powerfinancial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
investment managerfinancial
"The Investment Manager serves as the investment manager to each of the Empery Funds."
general partnerfinancial
"the managing member of the General Partner of the Investment Manager"
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Schedule 13G/A for ABTS report about Empery Asset Management’s holdings?
It reports that Empery Asset Management LP, as investment manager to certain funds, now beneficially owns 0 Ordinary Shares of Abits Group Inc., corresponding to 0% of the outstanding class based on 2,961,447 shares outstanding.
What is Ryan M. Lane’s reported ownership of Abits Group Inc. (ABTS)?
Ryan M. Lane is reported as beneficially owning 0 Ordinary Shares of Abits Group Inc., representing 0% of the class. He is described as the managing member of a limited liability company that ultimately controls the investment manager to the relevant funds.
How was the ownership percentage in Abits Group Inc. (ABTS) calculated in this Schedule 13G/A?
The 0% ownership is calculated using 2,961,447 Ordinary Shares outstanding as of April 29, 2026, as reported by Abits Group Inc. This outstanding share figure is the basis for determining the reporting persons’ percentage of the class.
Do Empery Asset Management and Ryan M. Lane report any voting or dispositive power over ABTS shares?
They report no sole or shared voting power and no sole or shared dispositive power over any Abits Group Inc. Ordinary Shares, reflecting that they no longer beneficially own any shares of this class.
What is the relationship between Empery Asset Management and the Abits Group Inc. (ABTS) funds mentioned?
Empery Asset Management LP is described as the investment manager to certain funds that hold or held Abits Group Inc. Ordinary Shares. The Schedule 13G/A states that Empery may be deemed a beneficial owner of shares held by these funds, but beneficial ownership is disclaimed.
Why does the Schedule 13G/A for ABTS state ownership of 5 percent or less of the class?
Item 5 notes ownership of 5 percent or less of the class. With 0 Ordinary Shares and 0% of the class reported, Empery Asset Management and Ryan M. Lane no longer meet the 5% beneficial ownership threshold.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Abits Group Inc.
(Name of Issuer)
Ordinary Shares, no par value
(Title of Class of Securities)
G6S34K113
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G6S34K113
1
Names of Reporting Persons
Empery Asset Management, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
G6S34K113
1
Names of Reporting Persons
Ryan M. Lane
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Abits Group Inc.
(b)
Address of issuer's principal executive offices:
Level 24 Lee Garden One 33 Hysan, Avenue Causeway Bay, Hong Kong SAR Hong Kong
Item 2.
(a)
Name of person filing:
This statement is filed by the entities and persons listed below, who are collectively referred to herein as "Reporting Persons," with respect to Ordinary Shares, no par value (the "Ordinary Shares") of Abits Group Inc., a BVI corporation (the "Company"):
(i) Empery Asset Management, LP (the "Investment Manager"), with respect to the Ordinary Shares held by funds to which the Investment Manager serves as investment manager (the "Empery Funds"); and
(ii) Mr. Ryan M. Lane ("Mr. Lane"), with respect to the Ordinary Shares held by the Empery Funds.
The Investment Manager serves as the investment manager to each of the Empery Funds. Mr. Lane (the "Reporting Individual") is the managing member of a limited liability company that is the managing member of Empery AM GP, LLC (the "General Partner"), the general partner of the Investment Manager.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is:
1 Rockefeller Plaza, Suite 1205
New York, New York 10020
(c)
Citizenship:
Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(d)
Title of class of securities:
Ordinary Shares, no par value
(e)
CUSIP No.:
G6S34K113
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:
The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 2,961,447 Ordinary Shares outstanding as of April 29, 2026 as reported in the Company's Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 29, 2026.
The Investment Manager, which serves as the investment manager to the Empery Funds, may be deemed to be the beneficial owner of all of the Ordinary Shares held by the Empery Funds. The Reporting Individual, as the managing member of a limited liability company that is the managing member of the General Partner of the Investment Manager with the power to exercise investment discretion, may be deemed to be the beneficial owner of all of the Ordinary Shares held by the Empery Funds. The foregoing should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the Ordinary Shares owned by another Reporting Person. Each of the Empery Funds and the Reporting Individual hereby disclaims any beneficial ownership of any such Ordinary Shares.
(b)
Percent of class:
0%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
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.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.