BK Technologies Corp Schedule 13G: four related reporting persons disclose beneficial ownership stakes in the company. The filing lists specific share counts and percentages based on 3,785,503 shares outstanding as of March 3, 2026. Hilve Holdings Ltd holds 217,231 shares (5.74%); Valdor Global FZCO holds 32,331 shares (0.85%); Ingenium Foundation is deemed to beneficially own 32,331 shares (0.85%); and Mikhail Stiskin is deemed to beneficially own 249,562 shares (6.59%). The filing also states voting and dispositive power allocations and provides addresses and citizenship for each reporting person.
Positive
None.
Negative
None.
Insights
Related entities disclose passive holdings under Schedule 13G, showing a largest stake of 6.59%.
The filing identifies ownership, sole voting and dispositive power, and controlling relationships among Hilve Holdings Ltd, Valdor Global FZCO, Ingenium Foundation and Mikhail Stiskin. Percentages are calculated from March 3, 2026 outstanding share count.
Because stakes are below typical 10% activism thresholds, this is a passive disclosure rather than an active control signal; subsequent filings may update percentages if positions change.
Shares outstanding3,785,503 sharesas of March 3, 2026
Mikhail Stiskin beneficial ownership249,562 shares6.59% of outstanding
Hilve Holdings stake217,231 shares5.74% of outstanding
Valdor Global FZCO stake32,331 shares0.85% of outstanding
Ingenium Foundation deemed stake32,331 shares0.85% of outstanding (as sole shareholder of Valdor)
Key Terms
Schedule 13G, beneficially owned, sole dispositive power, shares outstanding
4 terms
Schedule 13Gregulatory
"Schedule 13G: four related reporting persons disclose beneficial ownership stakes"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive powerregulatory
"Hilve Holdings Ltd has the sole power to dispose or to direct the disposition of 217,231 shares"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
shares outstandingfinancial
"3,785,503 shares of Common Stock outstanding as of March 3, 2026"
Shares outstanding are the total number of a company’s stock units held by all shareholders, including institutional investors and company insiders — think of them as the total number of slices of the company’s ownership pie. Investors use this number to calculate how much of the company each share represents, and it directly affects per-share measures like earnings per share, ownership percentage and valuation; when the slice count changes, an investor’s claim and the company’s per-share metrics change too.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
BK Technologies Corp
(Name of Issuer)
Common Stock, par value $0.60 per share
(Title of Class of Securities)
05587G203
(CUSIP Number)
03/31/2026
(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):
05587G203
1
Names of Reporting Persons
Hilve Holdings Ltd
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
CYPRUS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
217,231.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
217,231.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
217,231.00
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)
5.7 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
05587G203
1
Names of Reporting Persons
Valdor Global FZCO
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 ARAB EMIRATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
32,331.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
32,331.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
32,331.00
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)
0.9 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
05587G203
1
Names of Reporting Persons
Ingenium Foundation
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 ARAB EMIRATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
32,331.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
32,331.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
32,331.00
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)
0.9 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
05587G203
1
Names of Reporting Persons
Mikhail Stiskin
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
ISRAEL
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
249,562.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
249,562.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
249,562.00
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)
6.6 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BK Technologies Corp
(b)
Address of issuer's principal executive offices:
7100 TECHNOLOGY DRIVE, WEST MELBOURNE, FLORIDA, 32904
Item 2.
(a)
Name of person filing:
(i) Hilve Holdings Ltd, (ii) Valdor Global FZCO, (iii) Ingenium Foundation and (iv) Mikhail Stiskin (collectively, the "Reporting Persons").
(b)
Address or principal business office or, if none, residence:
(i) For Hilve Holdings Ltd.: Spyrou Araouzou, 25, Beregaria 25, 5th Floor, Office 2, 3036, Limassol, Republic of Cyprus,
(ii) For Valdor Global FZCO: Unit No: 1389, DMCC Business Centre, Level No 1, Jewellery & Gemplex 3, Dubai, United Arab Emirates,
(iii) For Ingenium Foundation: Dubai International Financial Centre, Unit GA-00-SZ-L1-RT-208, Gate Avenue - South Zone, Floor Level 1, Dubai, United Arab Emirates, and
(iv) For Mikhail Stiskin: Onisilou, 8A, Rita Court 1, Block B, Flat/Office 208, Agios Tychonas, 4532, Limassol, Republic of Cyprus.
(c)
Citizenship:
(i) Hilve Holdings Ltd was established under the laws of the Republic of Cyprus, (ii) Valdor Global FZCO was established under the laws of the United Arab Emirates, (iii) Ingenium Foundation was established under the laws of the United Arab Emirates, and (iv) Mikhail Stiskin is a citizen of Israel.
(d)
Title of class of securities:
Common Stock, par value $0.60 per share
(e)
CUSIP Number(s):
05587G203
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:
Hilve Holdings Ltd directly holds 217,231 shares of Common Stock, par value $0.60 per share ("Common Stock"), of BK Technologies Corp (the "Issuer"). Valdor Global FZCO directly holds 32,331 shares of Common Stock of the Issuer. Ingenium Foundation, as the sole shareholder of Valdor Global FZCO, may be deemed the beneficial owner of 32,331 shares of Common Stock held by Valdor Global FZCO. Mikhail Stiskin, as the sole shareholder of Hilve Holdings Ltd and the founder and sole beneficiary of the Ingenium Foundation, may be deemed the beneficial owner of 249,562 shares of Common Stock held by Hilve Holdings Ltd and Valdor Global FZCO.
(b)
Percent of class:
Hilve Holdings Ltd may be deemed the beneficial owner of 5.74% of the outstanding shares of Common Stock of the Issuer. Valdor Global FZCO may be deemed the beneficial owner of 0.85% of the outstanding shares of Common Stock of the Issuer. Ingenium Foundation may be deemed the beneficial owner of 0.85% of the outstanding shares of Common Stock of the Issuer. Mikhail Stiskin may be deemed the beneficial owner of 6.59% of the outstanding shares of Common Stock. Such percentages are based on 3,785,503 shares of Common Stock of the Issuer outstanding as of March 3, 2026, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 12, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
As of the date hereof, Hilve Holdings Ltd has the sole power to vote or to direct the vote of 217,231 shares of Common Stock of the Issuer. Valdor Global FZCO has the sole power to vote or to direct the vote of 32,331 shares of Common Stock of the Issuer. Ingenium Foundation, as the sole shareholder of Valdor Global FZCO, has the sole power to vote or to direct the vote of 32,331 shares of Common Stock of the Issuer. Mikhail Stiskin, as the sole shareholder of Hilve Holdings Ltd and the founder and sole beneficiary of the Ingenium Foundation, may be deemed to have the sole power to vote or to direct the vote of 249,562 shares of Common Stock of the Issuer.
(ii) Shared power to vote or to direct the vote:
As of the date hereof, each of the Reporting Persons has shared power to vote or direct the vote of 0 shares of Common Stock of the Issuer.
(iii) Sole power to dispose or to direct the disposition of:
As of the date hereof, Hilve Holdings Ltd has the sole power to dispose or to direct the disposition of 217,231 shares of Common Stock of the Issuer. Valdor Global FZCO has the sole power to dispose or to direct the disposition of 32,331 shares of Common Stock of the Issuer. Ingenium Foundation, as the sole shareholder of Valdor Global FZCO, has the sole power to dispose or to direct the disposition of 32,331 shares of Common Stock of the Issuer. Mikhail Stiskin, as the sole shareholder of Hilve Holdings Ltd and the founder and sole beneficiary of the Ingenium Foundation, may be deemed to have the sole power to dispose or to direct the disposition of 249,562 shares of Common Stock of the Issuer.
(iv) Shared power to dispose or to direct the disposition of:
As of the date hereof, each of the Reporting Persons has shared power to dispose or to direct the disposition of 0 shares of Common Stock of the Issuer.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
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 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.
What stake does Mikhail Stiskin report in BK Technologies (BKTI)?
Mikhail Stiskin is reported as beneficially owning 249,562 shares (6.59%). This percentage is calculated using 3,785,503 shares outstanding as of March 3, 2026, per the filing referenced in the Schedule 13G.
How many shares does Hilve Holdings Ltd hold in BKTI?
Hilve Holdings Ltd directly holds 217,231 shares, representing 5.74% of common stock. The filing also states Hilve has sole voting and sole dispositive power over these shares.
Do Valdor Global FZCO and Ingenium Foundation own the same BKTI shares?
Valdor Global FZCO directly holds 32,331 shares (0.85%). Ingenium Foundation, as sole shareholder of Valdor, is deemed to beneficially own those same 32,331 shares (0.85%) under the filing’s attribution language.
What outstanding share count does the Schedule 13G use for BKTI percentages?
The filing bases percentages on 3,785,503 shares outstanding as of March 3, 2026. That figure is cited in the Schedule 13G and used to compute the reported ownership percentages.
Does the Schedule 13G disclose voting power for the reported holdings?
Yes. The filing states sole voting power and sole dispositive power for the reported holdings: Hilve 217,231, Valdor/Ingenium 32,331, and Stiskin is deemed to hold sole power over 249,562 shares.
