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BeLive Holdings (NASDAQ: BLIV) teams with Istana in US$20M SME AI push

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Rhea-AI Filing Summary

BeLive Holdings reported a new strategic partnership between its BeLive AI Studios business and private equity firm Istana Partners. Istana Partners intends to invest up to US$20 million in Singapore small and midsize enterprises focused on AI development, workforce transition, and digital transformation, working alongside BeLive.

Under the partnership, Istana Partners will evaluate SMEs for private equity investments, lead board-level strategy, and drive change management, while BeLive supplies AI, workforce upskilling, and e-commerce enablement solutions. The initiative is positioned to support Singapore SMEs adapting to AI-driven competition and aligns with the country’s National AI Strategy 2.0 and related Budget 2026 initiatives.

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Insights

BeLive gains a strategic role in Istana’s US$20M SME AI program.

The agreement positions BeLive Holdings as the technology and execution partner in a program where Istana Partners plans to invest up to US$20 million in AI-focused Singapore SMEs. BeLive provides AI, workforce, and e-commerce solutions while Istana supplies capital and board-level direction.

This structure embeds BeLive into multiple SME transformation projects rather than a single transaction. The partnership is framed as aligned with Singapore’s National AI Strategy 2.0 and related 2026 policy initiatives, which could help demand, though specific revenue or profitability impacts for BeLive are not quantified.

Actual financial benefit for BeLive depends on how many SMEs are funded, the scope of each engagement, and execution of transformation projects. Subsequent company filings may clarify commercial terms, such as how BeLive is compensated for its AI and commerce enablement work within this partnership.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

For February 26, 2026

 

Commission File Number: 001-42565

 

BELIVE HOLDINGS

(Exact name of Registrant as specified in its charter)

 

26A Ann Siang Road

#03-00

Singapore 069706

(Address of principal executive offices)

 

Kenneth Teck Chuan Tan, Chief Executive Officer

Telephone: +65 9090 5788

Email: kenneth.tan@belive.sg

26A Ann Siang Road

#03-00

Singapore 069706

(Name, Telephone, email and/or fax number and address of Company Contact Person)

 

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 ☐

 

 

 

 
 

 

BELIVE AI STUDIOS ENTERS INTO PARTNERSHIP WITH ISTANA PARTNERS

 

On February25, 2026, Istana Partners, a majority stake buyout private equity firm focused on Southeast Asia’s small to md-market businesses (“SME”) announced its intent to invest up to US$20,000,000 in various SMEs focused on AI development, workforce transition and digital transformation partnering with BeLive Holdings (NASDAQ:BL) (the “Partnership”).

 

SMEs are small and midsize enterprises/businesses with revenues, assets or employees that fall under a certain threshold regularly garnering a variety of government incentives, and which play an important role in the economy to help shape innovation. SMEs across Singapore are navigating the rapid advancement of AI technologies that are reshaping competitive dynamics, alongside rising rents, labor shortages, and shifting consumer behavior. To address these challenges, Istana Partners and BeLive Holdings have formed the strategic Partnership to help these businesses transition into the digital economy. Under the Partnership, SMEs will be evaluated by Istana Partners for private equity investment of up to US$20,000,000 utilizing BeLive Holdings’ expertise to advance AI adoption and transformation, workforce upskilling and enhancement and e-commerce capabilities.

 

The Partnership will bring together capital, technology, and on-the-ground execution capabilities to support SMEs in redesigning their commercial models as they modernize operations, and build scalable, digital-enabled systems. BeLive Holdings will provide AI and commerce enablement solutions, while Istana Partners will lead board-level strategy, drive change management, and work closely with management teams to execute transformation across day to-day operations. This Partnership also aligns with Singapore’s renewed AI agenda to build a more resilient and competitive economy, in line with the establishment of the National AI Council, National AI Strategy 2.0, and Budget 2026 initiatives supporting AI adoption and workforce upskilling across SMEs. While these national initiatives provide essential infrastructure and support, Istana Partners and BeLive Holdings technology aim to build on this foundation by driving execution and seeing digital transformation efforts through from strategy to implementation, with a focus on delivering tangible results for SMEs.

 

Forward-Looking Statements

 

Matters discussed in this report may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, other than statements of historical facts. The words “believe,” “anticipate,” “intends,” “estimate,” “potential,” “may,” “should,” “expect,” “pending,” and similar expressions identify forward-looking statements. The forward-looking statements in this report are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations.

 

Exhibits

 

99.1 Press Release dated February 26, 2026

 

 
 

 

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.

 

 

BELIVE HOLDINGS

(Registrant)

     
Date: March 3, 2026 By: /s/ Kenneth Teck Chuan Tan
    Kenneth Teck Chuan Tan, Chief Executive Officer

 

 

 

 

Exhibit 99.1

 

FOR IMMEDIATE RELEASE

 

Istana Partners to Invest Up to US$20 Million, Partnering NASDAQ-Listed BeLive Technology to Advance AI Adoption and Workforce Upskilling Across Singapore SMEs

 

Focused on AI deployment, workforce transition, and digital transformation, the partnership aims to strengthen SME competitiveness and resilience in an increasingly AI-driven economy.

 

Singapore, 26 February 2026 — Under the partnership, SMEs will be evaluated for private equity investment of up to US$20 million from Istana Partners. This is complemented by BeLive Technology’s expertise in AI transformation, workforce enhancement and e-commerce capabilities.

 

SMEs across Singapore are navigating the rapid advancement of AI technologies that are reshaping competitive dynamics, alongside rising rents, labour shortages, and shifting consumer behaviour. To address these challenges, Istana Partners and NASDAQ-listed BeLive Technology have formed a strategic partnership to help these businesses transition into the digital economy.

 

The partnership brings together capital, technology, and on-the-ground execution capabilities to support SMEs in redesigning their commercial models as they modernise operations, and build scalable, digital-enabled systems. BeLive Technology will provide AI and commerce enablement solutions, while Istana Partners will lead board-level strategy, drive change management, and work closely with management teams to execute transformation across day-to-day operations.

 

This alliance aligns with Singapore’s renewed AI agenda to build a more resilient and competitive economy, in line with the establishment of the National AI Council, National AI Strategy 2.0, and Budget 2026 initiatives supporting AI adoption and workforce upskilling across SMEs.

 

Istana Partners and BeLive Technology aim to build on this foundation by driving execution and seeing digital transformation efforts through from strategy to implementation, with a focus on delivering tangible results for SMEs.

 

“The traditional Singaporean SME model is under incredible pressure. AI-enabled businesses are scaling faster and operating leaner, while SMEs are struggling to keep pace. The real risk is not disruption, but inaction,” said Kenneth Tan, Chief Executive Officer and Co-Founder of BeLive Technology. “We want to connect with business owners who feel that pain. Our role is to help Singaporean SMEs close that gap by becoming AI-enabled organisations themselves: transforming operations, enhancing workforce productivity, and building scalable, content-driven e-commerce engines.”

 

 
 

 

“The rapid acceleration of artificial intelligence is fundamentally reshaping how businesses compete. Cost-cutting and financial leverage alone are no longer enough in today’s market,” said Bennett Lee, Chief Executive Officer and Founder of Istana Partners. “We believe the next generation of private equity lies in co-driving digital transformation alongside management and building resilient growth models that create durable competitive advantage in the digital age. This partnership brings together investment discipline and on-the-ground execution to help SMEs navigate AI and workforce transition.”

 

SMEs interested in exploring the initiative may contact Istana Partners or BeLive Technology for further information.

 

About BeLive Technology

 

BeLive Technology is a Singapore-based commerce and engagement technology specialist powering interactive digital experiences for enterprises and high-growth brands. Listed on the NASDAQ Capital Market, BeLive designs and deploys scalable solutions across live commerce, AI-powered video, gamified rewards ecosystems, and data intelligence, helping brands turn attention into measurable revenue and customer loyalty. BeLive helps brands reduce dependency on costly physical storefronts and limited-hour operations, using entertainment-first formats to drive sales and engagement across always-on digital ecosystems.

 

About Istana Partners

 

Istana Partners is a Singapore-founded private equity firm focused on majority-stake investments in Southeast Asia’s small to mid-market businesses. The firm invests with a long-term ownership orientation and partners with management teams to drive digital transformation and operational improvement. Its leadership brings over 80 years of combined experience across finance, global enterprise technology companies, and large-scale digital ecosystems. Istana Partners applies a disciplined, execution-led approach to value creation, with a focus on building scalable, resilient, and future-ready enterprises.

 

Media Contacts

 

BeLive Technology

Jia Ling Lim

Assistant Head of Marketing and Partnerships

Email: jialing.lim@belive.sg

 

Istana Partners

Xu Zhenbang

Analyst

Email: investments@istanapartners.com

 

Forward-Looking Statements — BeLive Technology

 

The following forward-looking statements disclosure is provided by BeLive Technology in accordance with U.S. securities regulations.

 

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may”, “will”, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “potential production,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company’s statements regarding the expected trading of its Ordinary Shares on the Nasdaq Capital Market and the closing of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

 

 

FAQ

What did BeLive Holdings (BLIV) announce in its latest Form 6-K?

BeLive Holdings announced a strategic partnership with Istana Partners, where Istana intends to invest up to US$20 million in AI-focused Singapore SMEs. BeLive will provide AI, workforce upskilling, and e-commerce enablement solutions to support digital transformation across participating small and midsize enterprises.

How much capital is Istana Partners planning to deploy in the BeLive Holdings (BLIV) SME initiative?

Istana Partners announced an intent to invest up to US$20 million into Singapore SMEs focused on AI, workforce transition, and digital transformation. These investments will be paired with BeLive’s AI and commerce enablement capabilities to redesign SME business models and build scalable, digital-led operating systems.

What role will BeLive Holdings (BLIV) play in the partnership with Istana Partners?

BeLive Holdings will supply AI and commerce enablement solutions plus workforce upskilling support for SMEs selected by Istana Partners. The company will help modernize operations, enhance productivity, and build digital-enabled, e-commerce driven business models as Istana leads board-level strategy and change management efforts.

How does the BeLive Holdings (BLIV) and Istana Partners alliance relate to Singapore’s AI strategy?

The alliance is described as aligning with Singapore’s National AI Strategy 2.0, the National AI Council, and Budget 2026 initiatives. It aims to complement national infrastructure and incentives by executing AI adoption, workforce upskilling, and digital transformation projects that deliver tangible results for local SMEs.

Which companies are involved in the US$20 million SME AI investment program with BeLive Holdings (BLIV)?

The program is a partnership between BeLive Holdings and Istana Partners, a Singapore-founded private equity firm focused on majority-stake investments in Southeast Asia’s small to mid-market businesses. Istana contributes capital and strategic oversight, while BeLive provides AI technology, engagement tools, and e-commerce enablement.

What challenges facing Singapore SMEs does the BeLive Holdings (BLIV) partnership aim to address?

The partnership targets challenges including rapid AI advances, rising rents, labor shortages, and shifting consumer behavior. By combining Istana’s private equity investment with BeLive’s AI and digital commerce capabilities, it seeks to help SMEs stay competitive and transition into more resilient, scalable digital business models.

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