Elong Power Holding Limited has three related investors – Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC – jointly reporting beneficial ownership of 1,225,000 Class A ordinary shares, representing 7.4% of the class as of the close of business on July 16, 2026. All of these shares are held by Intracoastal, with the Reporting Persons sharing voting and dispositive power and having no sole voting or dispositive power.
The stake arises from a Securities Purchase Agreement under which Intracoastal received ordinary shares and warrants. Intracoastal holds a warrant for 2,025,000 additional shares subject to a 9.99% blocker provision and another warrant for 2,750,000 shares subject to a 4.99% blocker provision, so these issuable shares are excluded from the reported beneficial ownership. Without the applicable blocker provision, the Reporting Persons may have been deemed to beneficially own 3,975,000 Ordinary Shares as of July 16, 2026.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership shares:1,225,000 Ordinary SharesPercent of class:7.4%Pre-SPA shares outstanding:6,528,289 Ordinary Shares+5 more
8 metrics
Beneficial ownership shares1,225,000 Ordinary SharesShares beneficially owned by the Reporting Persons as of July 16, 2026
Percent of class7.4%Percentage of Class A ordinary shares represented by 1,225,000 shares
Pre-SPA shares outstanding6,528,289 Ordinary SharesShares outstanding immediately prior to execution of the SPA
Shares issued at SPA closing7,975,000 Ordinary SharesAggregate Ordinary Shares issued at the closing of the SPA transaction
Intracoastal Warrant 1 size2,025,000 Ordinary SharesOrdinary Shares issuable upon exercise of Intracoastal Warrant 1 with 9.99% blocker
Intracoastal Warrant 2 size2,750,000 Ordinary SharesOrdinary Shares issuable upon exercise of Intracoastal Warrant 2 with 4.99% blocker
Beneficial ownership cap without blocker3,975,000 Ordinary SharesShares the Reporting Persons may have been deemed to own absent the Intracoastal Warrant 2 blocker
Beneficial ownership limits9.99% and 4.99%Blocker thresholds on Intracoastal Warrant 1 and Intracoastal Warrant 2, respectively
Key Terms
beneficial ownership, Securities Purchase Agreement, blocker provision, warrant, +2 more
6 terms
beneficial ownershipfinancial
"each of the Reporting Persons may have been deemed to have beneficial ownership of 1,225,000 Ordinary Shares"
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.
Securities Purchase Agreementfinancial
"Immediately following the execution of the Securities Purchase Agreement with the Issuer on July 10, 2026"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
blocker provisionfinancial
"contains a blocker provision under which the holder thereof does not have the right to exercise"
warrantfinancial
"Ordinary Shares issuable upon exercise of a warrant to be issued to Intracoastal at the closing"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.
dispositive powerfinancial
"Shared Dispositive Power 1,225,000.00"
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.
percent of classfinancial
"Percent of class: 7.4 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
What ownership stake in Elong Power Holding Limited (ELPW) is reported?
The Reporting Persons disclose beneficial ownership of 1,225,000 Class A ordinary shares, representing 7.4% of the outstanding class as of July 16, 2026, based on the share count described in the ownership calculation.
Who are the Reporting Persons in this Elong Power (ELPW) Schedule 13G?
The Schedule 13G is filed on behalf of Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC, who together are the Reporting Persons and share voting and dispositive power over the reported Elong Power shares held by Intracoastal.
How many Elong Power (ELPW) shares are subject to warrants held by Intracoastal?
Intracoastal holds warrants for 2,025,000 Ordinary Shares under Intracoastal Warrant 1 and 2,750,000 Ordinary Shares under Intracoastal Warrant 2. These potential shares are subject to blocker provisions and are excluded from the reported beneficial ownership percentages.
What are the blocker provisions affecting Elong Power (ELPW) warrant exercises?
Intracoastal Warrant 1 contains a 9.99% Beneficial Ownership blocker, and Intracoastal Warrant 2 contains a 4.99% blocker. Each provision prevents exercising the respective warrant to the extent it would push aggregate beneficial ownership above the stated percentage threshold.
What share count underlies the 7.4% ownership figure for Elong Power (ELPW)?
The 7.4% figure is based on 6,528,289 Ordinary Shares outstanding immediately before the Securities Purchase Agreement, plus 7,975,000 Ordinary Shares issued at that closing and 2,025,000 shares issued upon exercise of Intracoastal Warrant 1.
Could the Elong Power (ELPW) Reporting Persons own more shares without blockers?
Yes. Without the applicable blocker provision on Intracoastal Warrant 2, the Reporting Persons state they may have been deemed to beneficially own 3,975,000 Ordinary Shares as of July 16, 2026, compared with the 1,225,000 shares reported for percentage calculations.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Elong Power Holding Limited
(Name of Issuer)
Class A ordinary shares, par value $0.0128 per share
(Title of Class of Securities)
G3016G129
(CUSIP Number)
07/10/2026
(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
Mitchell P. Kopin
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
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,225,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,225,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,225,000.00
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)
7.4 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
G3016G129
1
Names of Reporting Persons
Daniel B. Asher
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
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,225,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,225,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,225,000.00
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)
7.4 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
G3016G129
1
Names of Reporting Persons
Intracoastal Capital LLC
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
1,225,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,225,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,225,000.00
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)
7.4 %
12
Type of Reporting Person (See Instructions)
OO
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 Schedule 13G is being filed on behalf of (i) Mitchell P. Kopin, an individual ("Mr. Kopin"), (ii) Daniel B. Asher, an individual ("Mr. Asher") and (iii) Intracoastal Capital LLC, a Delaware limited liability company ("Intracoastal" and together with Mr. Kopin and Mr. Asher, collectively the "Reporting Persons").
(b)
Address or principal business office or, if none, residence:
The principal business office of Mr. Kopin and Intracoastal is 245 Palm Trail, Delray Beach, Florida 33483. The principal business office of Mr. Asher is 1011 Lake Street, Suite 311, Oak Park, Illinois 60301.
(c)
Citizenship:
Mr. Kopin is a citizen of the United States of America. Mr. Asher is a citizen of the United States of America. Intracoastal is a Delaware limited liability company.
(d)
Title of class of securities:
Class A ordinary shares, par value $0.0128 per share
(e)
CUSIP Number(s):
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:
(i) Immediately following the execution of the Securities Purchase Agreement with the Issuer on July 10, 2026 (the "SPA") (as disclosed in the Form 6-K filed by the Issuer with the Securities and Exchange Commission on July 13, 2026), each of the Reporting Persons may have been deemed to have beneficial ownership of 725,000 Ordinary Shares to be issued to Intracoastal at the closing of the transaction contemplated by the SPA, and all such Ordinary Shares represent beneficial ownership of approximately 9.99% of the Ordinary Shares, based on (1) 6,528,289 Ordinary Shares outstanding as of immediately prior to the execution of the SPA, as reported by the Issuer, plus (2) 725,000 Ordinary Shares to be issued to Intracoastal at the closing of the transaction contemplated by the SPA. The foregoing excludes (I) 2,025,000 Ordinary Shares issuable upon exercise of a warrant to be issued to Intracoastal at the closing of the transaction contemplated by the SPA ("Intracoastal Warrant 1") because Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 1 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 9.99% of the Ordinary Shares and (II) 2,750,000 Ordinary Shares issuable upon exercise of a warrant held by Intracoastal ("Intracoastal Warrant 2") because Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 2 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Ordinary Shares. Without such blocker provisions, each of the Reporting Persons may have been deemed to have beneficial ownership of 5,500,000 Ordinary Shares.
(ii) As of the close of business on July 16, 2026, each of the Reporting Persons may have been deemed to have beneficial ownership of 1,225,000 Ordinary Shares held by Intracoastal, and all such Ordinary Shares represent beneficial ownership of approximately 7.4% of the Ordinary Shares, based on (1) 6,528,289 Ordinary Shares outstanding as of immediately prior to the execution of the SPA, as reported by the Issuer, plus (2) 7,975,000 Ordinary Shares in the aggregate issued at the closing of the transaction contemplated by the SPA and (3) 2,025,000 Ordinary Shares issued to Intracoastal upon exercise of Intracoastal Warrant 1. The foregoing excludes 2,750,000 Ordinary Shares issuable upon exercise of Intracoastal Warrant 2 because Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 2 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Ordinary Shares. Without such blocker provision, each of the Reporting Persons may have been deemed to have beneficial ownership of 3,975,000 Ordinary Shares.
(b)
Percent of class:
7.4 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
1,225,000
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,225,000
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.