[SCHEDULE 13G] Enigmatig Limited SEC Filing

Rhea-AI Filing Summary

Teo Mingwen reported beneficial ownership of 2,375,000 Class A ordinary shares of ENIGMATIG LIMITED, representing 8.5% of the company on an as-converted basis. The filing shows Mr. Teo has sole voting and dispositive power over these shares and no shared power, and the 8.5% calculation treats Class B shares as converted into Class A for percentage purposes.

The filing restates the company’s dual-class structure: Class A shares carry one vote each while Class B shares carry ten votes and are convertible into Class A. This disclosure notifies the market of a sizable single-holder position in Class A stock and clarifies the holder’s voting and disposition rights.

Insights

Financial Analyst

TL;DR: Holder disclosed a 2.375M share position equal to 8.5% on an as-converted basis; sole voting and dispositive power noted.

This Schedule 13G shows a material passive ownership stake in ENIGMATIG LIMITED by an individual reporting person. The key data points are explicit: 2,375,000 Class A shares beneficially owned and 8.5% of the class on an as-converted basis. The filer reports sole voting and sole dispositive power for the entire position and no shared powers. For investors, the filing increases transparency about shareholder concentration in Class A stock and the holder’s control over disposition and voting of those shares. Impact assessment: Impactful as it signals a >5% disclosed stake that could matter for liquidity and ownership analysis.

Corporate Governance Expert

TL;DR: Disclosure clarifies ownership and rights within ENIGMATIG’s dual-class structure; holder has sole control over 2.375M Class A shares.

The statement emphasizes the company’s dual-class capital structure by explaining voting and conversion rights: Class A equals one vote, Class B equals ten votes and is convertible into Class A. The reporting person’s position is fully controlled at the sole level (both voting and dispositive). This filing provides governance-relevant transparency about who holds a substantial economic interest in Class A shares and confirms no shared control arrangements are disclosed. Impact assessment: Impactful for governance analysis because it quantifies a significant individual stake and clarifies control attributes.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

ENIGMATIG LIMITED

(Name of Issuer)

Class A ordinary shares, par value US$ 0.000002 per share

(Title of Class of Securities)

G3066T104

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. G3066T104

1

Names of Reporting Persons

Teo Mingwen

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 2,375,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,375,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,375,000.00

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)

8.5 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Note to Rows (11): The calculation of 8.5% (on an as-converted basis) is based on (i) the numerator of 2,375,000, being the number of the Class A ordinary shares held by Teo Mingwen and (ii) the denominator of 28,005,200, being the sum of (x) 12,255,200, being the number of the Issuer's Class A ordinary shares issued and outstanding as of June 30, 2025 as provided by the Issuer, and (y) 15,750,000, being the number of the Issuer's total Class B ordinary shares issued and outstanding as of June 30, 2025 as provided by the Issuer. Holders of Class A ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights. Each Class A ordinary share is entitled to one vote. Each Class B ordinary share is entitled to 10 votes. Each Class B ordinary share is convertible into a Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ENIGMATIG LIMITED
(b)	Address of issuer's principal executive offices: c/o 16 Raffles Quay, #30-01, Hong Leong Building, Singapore 048581
Item 2.
(a)	Name of person filing: Teo Mingwen
(b)	Address or principal business office or, if none, residence: The address of Teo Mingwen is c/o 16 Raffles Quay, #30-01, Hong Leong Building, Singapore 048581
(c)	Citizenship: Teo Mingwen is a citizen of the Republic of Singapore.
(d)	Title of class of securities: Class A ordinary shares, par value US$ 0.000002 per share
(e)	CUSIP No.: G3066T104
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 the Reporting Person and is incorporated herein by reference. Teo Mingwen owned 2,375,000 Class A ordinary shares as of June 30, 2025.
(b)	Percent of class: The information required by Item 4(b) is set forth in Row 11 of the cover page for the Reporting Person and is incorporated herein by reference. The calculation of 8.5% (on an as-converted basis) is based on (i) the numerator of 2,375,000, and (ii) the denominator of 28,005,200, being the sum of 12,255,200, being the number of the Issuer's Class A ordinary shares issued and outstanding as of June 30, 2025 and 15,750,000, being the number of the Issuer's total Class B ordinary shares issued and outstanding as of June 30, 2025. The Class B ordinary shares are treated as converted into Class A ordinary shares only for the purpose of calculating the percentage ownership. Holders of Class A ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights. Each Class A ordinary share is entitled to one vote. Each Class B ordinary share is entitled to ten votes, and is convertible into one Class A ordinary share at any time at the option of the holder thereof.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,375,000.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 2,375,000.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	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:
	Not Applicable

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.

Teo Mingwen

Signature:	/s/ Teo Mingwen
Name/Title:	Teo Mingwen
Date:	08/14/2025

FAQ

How many ENIGMATIG (EGG) Class A shares does Teo Mingwen own?

The filing states 2,375,000 Class A ordinary shares are beneficially owned by Teo Mingwen.

What percentage of ENIGMATIG (EGG) does 2,375,000 Class A shares represent?

The filing reports this equals 8.5% of the company on an as-converted basis using the issuer-provided share counts.

Does Teo Mingwen share voting or dispositive power over these ENIGMATIG (EGG) shares?

No. The filing shows sole voting power of 2,375,000 shares and sole dispositive power of 2,375,000 shares, with no shared powers reported.

How does ENIGMATIG’s dual-class structure affect the percentage calculation?

The filing explains Class B shares are treated as converted into Class A solely for the percentage calculation; Class A has one vote and Class B has ten votes and is convertible into Class A.

Is the ownership reported on behalf of another person or entity?

No. The filing indicates the position is held by the reporting person and does not indicate ownership on behalf of another person.