L1 Capital Global Opportunities Master Fund, Ltd. reports beneficial ownership of 1,609,686 Elong Power Holding Ltd. Class A Ordinary Share securities, representing 9.99% of the class. This position consists of 1,450,000 shares and 159,686 pre-funded warrants, all subject to a 9.99% beneficial ownership limitation, with sole voting and dispositive power over the entire amount.
The fund previously sold 280,250 Class A Ordinary Shares and 489,000 pre-funded warrants acquired on May 15, 2026. Additional holdings of 1,140,314 pre-funded warrants and warrants for 769,250 and 2,750,000 shares are not included in the reported beneficial ownership as they are subject to the same 9.99% beneficial ownership limitation. The percentage is calculated against 14,503,289 Class A Ordinary Shares outstanding, assuming no exercise of warrants.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:1,609,686 Class A Ordinary Share securitiesPercent of class:9.99%Shares outstanding baseline:14,503,289 Class A Ordinary Shares+5 more
8 metrics
Beneficial ownership1,609,686 Class A Ordinary Share securitiesAmount beneficially owned by L1 Capital Global Opportunities Master Fund, Ltd.
Percent of class9.99%Percentage of Elong Power Holding Ltd. Class A Ordinary Shares beneficially owned
Shares outstanding baseline14,503,289 Class A Ordinary SharesShares outstanding used to calculate the 9.99% ownership, assuming no warrant exercises
Shares in reported position1,450,000 Class A Ordinary SharesShares included within the 1,609,686 securities, subject to a 9.99% beneficial ownership limitation
Pre-funded warrants in reported position159,686 pre-funded warrantsPre-funded warrants counted in the beneficial ownership total, subject to a 9.99% limitation
Excluded pre-funded warrants1,140,314 pre-funded warrantsPre-funded warrants not included in the reported beneficial ownership due to the 9.99% limitation
Excluded warrants (May 15, 2026)769,250 warrantsWarrants to purchase common stock acquired on May 15, 2026, excluded under the 9.99% limitation
Excluded warrants (July 2026)2,750,000 warrantsWarrants to purchase common stock acquired in July 2026, excluded under the 9.99% limitation
"which are subject to a 9.99% beneficial ownership limitation"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
pre-funded warrantsfinancial
"159,686 pre-funded warrants to purchase common stock"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
Rule 13d-3regulatory
"beneficially own (as that term is defined in Rule 13d-3) the issuer's securities"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
Prospectus under Rule 424(b)(4)regulatory
"based on the Issuer's Prospectus under Rule 424(b)(4) and a Report"
What percentage of Elong Power Holding (ELPW) is owned by L1 Capital Global Opportunities Master Fund, Ltd.?
L1 Capital Global Opportunities Master Fund, Ltd. reports beneficial ownership of 9.99% of Elong Power Holding Ltd.’s Class A Ordinary Shares. This percentage is based on 14,503,289 shares outstanding, assuming no exercise of warrants, and corresponds to 1,609,686 securities.
How many Elong Power Holding (ELPW) securities does L1 Capital beneficially own and of what type?
The fund beneficially owns 1,609,686 Elong Power securities, consisting of 1,450,000 Class A Ordinary Shares and 159,686 pre-funded warrants to purchase common stock. These securities are subject to a 9.99% beneficial ownership limitation.
What Elong Power Holding (ELPW) securities sold by L1 Capital are described in the disclosure?
The disclosure notes that L1 Capital Global Opportunities Master Fund, Ltd. sold 280,250 Class A Ordinary Shares and 489,000 pre-funded warrants that were acquired on May 15, 2026. These securities no longer form part of the fund’s reported beneficial ownership.
Which additional Elong Power Holding (ELPW) warrants held by L1 Capital are excluded from the reported stake?
The report excludes 1,140,314 pre-funded warrants, 769,250 warrants acquired on May 15, 2026, and 2,750,000 warrants acquired in July 2026. Each is subject to a 9.99% beneficial ownership limitation and therefore not counted in the 1,609,686 figure.
On what Elong Power Holding (ELPW) share count is L1 Capital’s 9.99% ownership based?
The 9.99% beneficial ownership figure is calculated using 14,503,289 Class A Ordinary Shares outstanding. This share count assumes no exercise of warrants and comes from Elong Power’s prospectus under Rule 424(b)(4) and a Form 6-K report filed on July 13, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Elong Power Holding Ltd.
(Name of Issuer)
Class A Ordinary Share, $ 0.0128 par value
(Title of Class of Securities)
G3016G129
(CUSIP Number)
07/13/2026
(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):
G3016G129
1
Names of Reporting Persons
L1 Capital Global Opportunities Master Fund, 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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,609,686.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,609,686.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,609,686.00
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)
9.99 %
12
Type of Reporting Person (See Instructions)
FI
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Elong Power Holding Ltd.
(b)
Address of issuer's principal executive offices:
3 Yan Jing Li Zhong Jie, Jiatai International Plaza, Block B, Room 2110, Beijing, China 100025
Item 2.
(a)
Name of person filing:
L1 Capital Global Opportunities Master Fund, Ltd.
(b)
Address or principal business office or, if none, residence:
3rd Floor Zephyr House, 122 Mary Street
George Town
Grand Cayman, Cayman Islands KY1-1001
(c)
Citizenship:
Cayman Islands
(d)
Title of class of securities:
Class A Ordinary Share, $ 0.0128 par value
(e)
CUSIP No.:
G3016G129
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:
1,609,686
The Reporting Person sold the 280,250 Class A Ordinary Shares and 489,000 Pre-Funded Warrants acquired on May 15, 2026. The amounts in Row (5), (7) and (9) represent 1,450,000 Class A Ordinary Shares and 159,686 pre-funded warrants to purchase common stock, which are subject to a 9.99% beneficial ownership limitation. The amounts do not include 1,140,314 pre-funded warrants to purchase common stock, 769,250 warrants to purchase common stock acquired on May 15, 2026 and 2,750,000 warrants to purchase common stock acquired on July 2026, each of which are subject to a 9.99% beneficial ownership limitation. The percentage set forth on Row (11) of the cover page for the Reporting Person is based on 14,503,289 Class A Ordinary Shares outstanding (assuming no exercise of the Warrants), based on the Issuer's Prospectus under Rule 424(b)(4) and a Report of Foreign Private Issuer on Form 6-K, each filed with the Securities and Exchange Commission on July 13, 2026.
David Feldman and Joel Arber are the Directors of L1 Capital Global Opportunities Master Fund, Ltd. As such, L1 Capital Global Opportunities Master Fund, Ltd., Mr. Feldman, and Mr. Arber may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the issuer's securities described herein. To the extent Mr. Feldman and Mr. Arber are deemed to beneficially own such securities, Mr. Feldman and Mr. Arber disclaim beneficial ownership of these securities for all other purposes.
(b)
Percent of class:
9.99%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
1,609,686
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
1,609,686
(iv) Shared power to dispose or to direct the disposition of:
0
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.