Elong Power Holding Limited has a Schedule 13G/A filing showing that CVI Investments, Inc. and Heights Capital Management, Inc. together report beneficial ownership of 724,560 Class A Ordinary Shares, representing 9.9% of the class. These Shares consist of stock issuable upon exercise of pre-funded warrants and other warrants, which include a 9.99% beneficial ownership limitation so that exercises cannot push their aggregate holdings above that threshold under Section 13(d) of the Exchange Act. Exhibit 10.2 to a Form 6-K indicates there were 6,528,289 Shares outstanding as of June 23, 2026, providing context for the ownership percentage. Heights Capital Management, Inc., a Delaware entity, is investment manager to CVI Investments, Inc., organized in the Cayman Islands, and may be deemed to share voting and dispositive power over these Shares, while both Reporting Persons disclaim beneficial ownership beyond their pecuniary interest.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:724,560 sharesOwnership percentage:9.9 %Shares outstanding:6,528,289 shares+3 more
6 metrics
Beneficially owned shares724,560 sharesShares issuable upon exercise of pre-funded warrants and other warrants reported by the Reporting Persons
Ownership percentage9.9 %Percent of Elong Power Class A Ordinary Shares reported as beneficially owned
Shares outstanding6,528,289 sharesClass A Ordinary Shares outstanding as of June 23, 2026, per Form 6-K exhibit
Beneficial ownership cap9.99 %Warrants are not exercisable to exceed this aggregate beneficial ownership threshold
Shared voting power724,560 sharesShares over which the Reporting Persons have shared power to vote or direct the vote
Shared dispositive power724,560 sharesShares over which the Reporting Persons have shared power to dispose or direct disposition
Key Terms
pre-funded warrants, beneficial ownership, Section 13(d) of the Exchange Act, dispositive power, +1 more
5 terms
pre-funded warrantsfinancial
"consists of Shares issuable upon the exercise of pre-funded warrants and other warrants"
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.
beneficial ownershipfinancial
"shares reported as beneficially owned by CVI Investments, Inc. herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 13(d) of the Exchange Actregulatory
"would be aggregated with such Reporting Person for purposes of Section 13(d) of the Exchange Act"
dispositive powerfinancial
"Shared Dispositive Power 724,560.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Limited Power of Attorneyregulatory
"serves as authorized agent of CVI Investments, Inc. pursuant to a Limited Power of Attorney"
FAQ
What ownership stake in Elong Power Holding Limited (ELPW) is reported in this Schedule 13G/A?
The Reporting Persons disclose beneficial ownership of 724,560 Class A Ordinary Shares of Elong Power Holding Limited, representing 9.9% of the outstanding Class A shares as referenced in the filing.
Who are the Reporting Persons in the Elong Power (ELPW) Schedule 13G/A?
The filing lists CVI Investments, Inc. and Heights Capital Management, Inc. as Reporting Persons regarding Elong Power’s Class A Ordinary Shares, with Heights serving as investment manager to CVI Investments, Inc.
How many Elong Power (ELPW) shares are outstanding according to the Schedule 13G/A disclosure?
The filing cites a Form 6-K exhibit stating there were 6,528,289 Class A Ordinary Shares of Elong Power Holding Limited outstanding as of June 23, 2026, used to contextualize the 9.9% ownership.
How are the Elong Power (ELPW) shares held by CVI and Heights structured?
The reported 724,560 shares are not currently issued shares but are issuable upon exercise of pre-funded warrants and other warrants, subject to a 9.99% beneficial ownership limitation.
What is the 9.99% beneficial ownership limitation mentioned for Elong Power (ELPW)?
The warrants held by the Reporting Persons are not exercisable if doing so would cause their aggregated beneficial ownership under Section 13(d) to exceed 9.99% of Elong Power’s outstanding Class A shares.
What voting and dispositive powers do the Reporting Persons have over Elong Power (ELPW) shares?
Both CVI Investments, Inc. and Heights Capital Management, Inc. report 0 sole and 724,560 shared voting and dispositive power, and they disclaim beneficial ownership beyond their pecuniary interest.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Elong Power Holding Limited
(Name of Issuer)
Class A Ordinary Shares, $0.0128 par value per share
(Title of Class of Securities)
G3016G129
(CUSIP Number)
06/30/2026
(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
CVI Investments, Inc.
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
0.00
6
Shared Voting Power
724,560.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
724,560.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
724,560.00
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)
9.9 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: With respect to Row 6 and Row 8 above, Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over the shares reported as beneficially owned by CVI Investments, Inc. herein.
SCHEDULE 13G
CUSIP Number(s):
G3016G129
1
Names of Reporting Persons
Heights Capital Management, Inc.
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
724,560.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
724,560.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
724,560.00
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)
9.9 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: With respect to Row 6 and Row 8 above, Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over the shares reported as beneficially owned by CVI Investments, Inc. herein.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Elong Power Holding Limited
(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:
This statement is filed by the entities listed below, who are collectively referred to herein as "Reporting Persons," with respect to the Class A Ordinary Shares of Elong Power Holding Limited (the "Company"), $0.0128 par value per share (the "Shares").
(i) CVI Investments, Inc.
(ii) Heights Capital Management, Inc.
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of CVI Investments, Inc. is:
P.O. Box 309GT
Ugland House
South Church Street
George Town
Grand Cayman
KY1-1104
Cayman Islands
The address of the principal business office of Heights Capital Management, Inc. is:
101 California Street, Suite 3250
San Francisco, California 94111
(c)
Citizenship:
Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(d)
Title of class of securities:
Class A Ordinary Shares, $0.0128 par value per share
(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:
The information required by this Item 4(a) is set forth in Row 9 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
The number of Shares reported as beneficially owned consists of Shares issuable upon the exercise of pre-funded warrants and other warrants to purchase Shares (the "Warrants"). The Warrants are not exercisable to the extent that the total number of Shares then beneficially owned by a Reporting Person and its affiliates and any other persons whose beneficial ownership of Shares would be aggregated with such Reporting Person for purposes of Section 13(d) of the Exchange Act, would exceed 9.99%.
Exhibit 10.2 to the Company's Report of Foreign Private Issuer on Form 6-K, filed on June 25, 2026, indicates there were 6,528,289 Shares outstanding as of June 23, 2026.
(b)
Percent of class:
9.9 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by this Item 4(c)(i) is set forth in Row 5 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(ii) Shared power to vote or to direct the vote:
The information required by this Item 4(c)(ii) is set forth in Row 6 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Heights Capital Management, Inc., which serves as the investment manager to CVI Investments, Inc., may be deemed to be the beneficial owner of all Shares owned by CVI Investments, Inc. Each of the Reporting Persons hereby disclaims any beneficial ownership of any such Shares, except for their pecuniary interest therein.
(iii) Sole power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iii) is set forth in Row 7 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iv) is set forth in Row 8 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Heights Capital Management, Inc., which serves as the investment manager to CVI Investments, Inc., may be deemed to be the beneficial owner of all Shares owned by CVI Investments, Inc. Each of the Reporting Persons hereby disclaims any beneficial ownership of any such Shares, except for their pecuniary interest therein.
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.
CVI Investments, Inc.
Signature:
/s/ Sarah Travis
Name/Title:
Sarah Travis, Assistant General Counsel and Assistant Secretary of Heights Capital Management, Inc.
Date:
08/14/2026
Heights Capital Management, Inc.
Signature:
/s/ Sarah Travis
Name/Title:
Sarah Travis, Assistant General Counsel and Assistant Secretary
Date:
08/14/2026
Comments accompanying signature: Heights Capital Management, Inc. serves as authorized agent of CVI Investments, Inc. pursuant to a Limited Power of Attorney, a copy of which was previously filed.
Exhibit Information
EXHIBIT INDEX
EXHIBIT DESCRIPTION
24 Limited Power of Attorney*
99 Joint Filing Agreement*
* Previously filed
