916.Investments, Nine One Six and Alexander See disclose 6.5% stake in Bullish (BLSH)

Rhea-AI Filing Summary

Bullish reports that 916.Investments Pte. Ltd., Nine One Six Limited and Alexander See each beneficially own 9,864,857 ordinary shares, representing 6.5% of outstanding ordinary shares.

The filing states 916.Investments Pte. Ltd. is the direct owner; Nine One Six Limited is the sole shareholder of 916 and an indirect beneficial owner; Alexander See is a controlling person and is deemed to share voting and dispositive power over the same 9,864,857 shares. The Schedule lists shared voting power and shared dispositive power of 9,864,857 and shows zero sole voting or dispositive power for each reporting person. Signatures by Alexander See are dated 05/20/2026.

Insights

Corporate Governance Specialist

Ownership disclosure shows a single economic position controlled via a chain of entities.

The Schedule 13G/A lists 9,864,857 ordinary shares held directly by 916.Investments Pte. Ltd. with Nine One Six Limited as sole shareholder and Alexander See as the controlling person. The filing clarifies shared voting and dispositive power rather than sole control.

Implications include a visible 6.5% beneficial position and an ownership chain that could matter for coordination rules or future reporting if holdings change. Subsequent filings would show any change in percent or voting structure.

Securities Compliance Attorney

The amendment updates beneficial-ownership disclosure and attributes control across entities.

The Schedule names the reporting persons, their jurisdictions (Singapore and Guernsey), and attributes shared voting/dispositive power of 9,864,857 shares. It presents customary attribution language explaining indirect ownership through the sole shareholder relationship.

Filing completeness: signatures dated 05/20/2026 are present. Any material change in holdings or acquisition method would trigger further reporting obligations under applicable rules.

Key Figures

Beneficial shares: 9,864,857 shares Percent of class: 6.5% Sole voting/dispositive power: 0 +3 more

6 metrics

Beneficial shares 9,864,857 shares Amount beneficially owned by 916.Investments Pte. Ltd./Nine One Six Limited/Alexander See

Percent of class 6.5% Percent of ordinary shares represented by the 9,864,857 shares

Sole voting/dispositive power 0 Sole voting and sole dispositive power reported for each reporting person

Shared voting/dispositive power 9,864,857 shares Shared voting and shared dispositive power reported for each reporting person

Signature date 05/20/2026 Date signatures by Alexander See appear on the Schedule amendment

CUSIP G16910120 CUSIP number for Bullish ordinary shares as reported

Key Terms

Schedule 13G/A, beneficially owned, shared dispositive power

3 terms

Schedule 13G/A regulatory

"This schedule ("Schedule") is being filed by 916.Investments Pte. Ltd."

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficially owned regulatory

"Amount beneficially owned: This schedule ("Schedule") is being filed by 916.Investments Pte. Ltd."

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.

shared dispositive power regulatory

"Shared Dispositive Power 9,864,857.00"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Bullish

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

G16910120

(CUSIP Number)

05/08/2026

(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): G16910120

1

Names of Reporting Persons

See Alexander

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

SINGAPORE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,864,857.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 9,864,857.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,864,857.00

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)

6.5 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s): G16910120

1

Names of Reporting Persons

916.INVESTMENTS PTE. 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

SINGAPORE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,864,857.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 9,864,857.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,864,857.00

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)

6.5 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP Number(s): G16910120

1

Names of Reporting Persons

Nine One Six Limited

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

GUERNSEY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,864,857.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 9,864,857.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,864,857.00

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)

6.5 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Bullish
(b)	Address of issuer's principal executive offices: UGLAND HOUSE, BOX 309, UGLAND HOUSE, BOX 309, GRAND CAYMAN, CAYMAN ISLANDS, KY1-1104.
Item 2.
(a)	Name of person filing: 916.Investments Pte. Ltd. Nine One Six Limited Alexander See
(b)	Address or principal business office or, if none, residence: 916.Investments Pte. Ltd. - 104 Emerald Hill Road, Singapore 229380 Nine One Six Limited - P.O. Box 142, Suite 2, Block C, Hirzel Court, St Peter Port, GY1 3HT, Guernsey Alexander See - 104 Emerald Hill Road, Singapore 229380
(c)	Citizenship: 916.Investments Pte. Ltd. - Singapore Nine One Six Limited - Guernsey Alexander See - Singapore
(d)	Title of class of securities: Ordinary Shares
(e)	CUSIP No.: G16910120
Item 4.	Ownership
(a)	Amount beneficially owned: This schedule ("Schedule") is being filed by 916.Investments Pte. Ltd. ("916") as the direct owner of the shares reported in this Schedule (the "Shares"). Nine One Six Limited is the sole shareholder of 916.Investments Pte. Ltd. (the "Sole Shareholder") and is an indirect beneficial owner of the Shares. Alexander See, as controlling person of the Sole Shareholder (collectively with the Sole Shareholder and 916, the "Reporting Persons"), may be deemed to share voting and dispositive power with respect to such shares. 916.Investments Pte. Ltd - 9,864,857 Nine One Six Limited - 9,864,857 Alexander See - 9,864,857
(b)	Percent of class: 916.Investments Pte. Ltd. - 6.5% Nine One Six Limited - 6.5% Alexander See - 6.5%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 916.Investments Pte. Ltd. - 0 Nine One Six Limited - 0 Alexander See - 0
	(ii) Shared power to vote or to direct the vote: 916.Investments Pte. Ltd - 9,864,857 Nine One Six Limited - 9,864,857 Alexander See - 9,864,857
	(iii) Sole power to dispose or to direct the disposition of: 916.Investments Pte. Ltd. - 0 Nine One Six Limited - 0 Alexander See - 0
	(iv) Shared power to dispose or to direct the disposition of: 916.Investments Pte. Ltd - 9,864,857 Nine One Six Limited - 9,864,857 Alexander See - 9,864,857
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.

See Alexander

Signature:	Alexander See
Name/Title:	Individual
Date:	05/20/2026

916.INVESTMENTS PTE. LTD.

Signature:	Alexander See
Name/Title:	Director
Date:	05/20/2026

Nine One Six Limited

Signature:	Alexander See
Name/Title:	Director
Date:	05/20/2026

FAQ

What stake does 916.Investments Pte. Ltd. hold in Bullish (BLSH)?

916.Investments Pte. Ltd. beneficially owns 9,864,857 ordinary shares, representing 6.5% of Bullish's ordinary shares. The filing lists the shares as held with shared voting and dispositive power dated in the Schedule amendment.

How is Nine One Six Limited related to the 916.Investments holding?

Nine One Six Limited is the sole shareholder of 916.Investments Pte. Ltd. and is reported as an indirect beneficial owner of the same 9,864,857 shares, with shared voting and dispositive power per the Schedule.

What voting and disposition powers are reported for Alexander See?

Alexander See is reported as a controlling person and is deemed to share voting and dispositive power over 9,864,857 shares. The filing shows 0 sole voting or disposition power and 9,864,857 shared power figures.

When was the Schedule 13G/A amendment signed and by whom?

The Schedule amendment bears signatures by Alexander See dated 05/20/2026. The document identifies the reporting persons and their principal business addresses in Singapore and Guernsey.