Gamehaus Holdings Inc. Schedule 13G shows that as of June 30, 2025, Funtery Holding Limited and related filers report beneficial ownership of 15,598,113 Class A ordinary shares, representing 29.12% of the class on a converted-basis. Those shares are issuable upon conversion of 15,598,113 Class B ordinary shares held by Funtery Holding Limited, convertible one-for-one into Class A shares at the holder's option. The filing identifies the reporting persons (Funtery Holding Limited, Funomic Holding Limited, Playfund Trust and individual Feng Xie) and discloses shared voting and dispositive power over the 15,598,113 shares, with no sole voting or dispositive power reported.
Positive
Clear disclosure of beneficial ownership totaling 15,598,113 shares and the conversion mechanism from Class B to Class A shares
Identification of related parties (Funtery Holding Limited, Funomic Holding Limited, Playfund Trust, Feng Xie) clarifies chain of beneficial ownership
Negative
High ownership concentration (29.12% on the converted basis) which may concentrate voting influence within a single affiliated group
No sole voting or dispositive power reported which may complicate clarity around unilateral control despite the large economic stake
Insights
TL;DR: A single affiliated group holds rights to nearly 30% of Class A shares through convertible Class B shares, a materially large stake.
This Schedule 13G discloses that 15,598,113 Class A shares are attributable to Funtery Holding Limited upon conversion of Class B shares, representing 29.12% on the stated denominator. The filing clarifies ownership structure and shared voting/dispositive power across related entities and an individual. For investors, such an ownership stake can affect governance and voting outcomes if conversion occurs, and it should be considered when assessing shareholder concentration and control dynamics.
TL;DR: Related parties report shared control over a significant convertible position, which concentrates influence within one ownership group.
The joint filing identifies the chain of ownership: Funtery Holding Limited directly holds the convertible Class B shares; Funomic Holding Limited, Playfund Trust and Feng Xie are affiliated and reported as beneficial owners. The filing documents shared voting and dispositive powers (no sole powers) and points to a conversion mechanism (one-for-one) that would increase Class A outstanding if exercised. This concentration is material for board voting dynamics and shareholder deliberations.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Gamehaus Holdings Inc.
(Name of Issuer)
Class A Ordinary Share
(Title of Class of Securities)
G3731B108
(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.
G3731B108
1
Names of Reporting Persons
Feng Xie
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
CHINA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
15,598,113.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
15,598,113.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
15,598,113.00
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)
29.12 %
12
Type of Reporting Person (See Instructions)
FI
Comment for Type of Reporting Person: The amount in rows 6, 8 and 9 represents 15,598,113 Class A ordinary shares issuable to Funtery Holding Limited upon the conversion of 15,598,113 Class B ordinary shares held by Funtery Holding Limited, as of June 30, 2025. The issuer's Class B ordinary shares are convertible into Class A ordinary shares at any time after issuance at the option of the holder on a one-to-one basis. Percentage of class is calculated based on 37,971,245 Class A ordinary shares as of June 30, 2025. Pursuant to Rule 13d-3(d)(1) under the Securities Exchange Act of 1934, as amended, the denominator of this percentage is the sum of the 37,971,245 Class A ordinary shares plus 15,598,113 Class A ordinary shares issuable to Funtery Holding Limited upon the conversion of the Class B ordinary shares described above.
SCHEDULE 13G
CUSIP No.
G3731B108
1
Names of Reporting Persons
Funomic Holding 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
VIRGIN ISLANDS, BRITISH
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
15,598,113.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
15,598,113.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
15,598,113.00
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)
29.12 %
12
Type of Reporting Person (See Instructions)
FI
Comment for Type of Reporting Person: The amount in rows 6, 8 and 9 represents 15,598,113 Class A ordinary shares issuable to Funtery Holding Limited upon the conversion of 15,598,113 Class B ordinary shares held by Funtery Holding Limited, as of June 30, 2025. The issuer's Class B ordinary shares are convertible into Class A ordinary shares at any time after issuance at the option of the holder on a one-to-one basis. Percentage of class is calculated based on 37,971,245 Class A ordinary shares as of June 30, 2025. Pursuant to Rule 13d-3(d)(1) under the Securities Exchange Act of 1934, as amended, the denominator of this percentage is the sum of the 37,971,245 Class A ordinary shares plus 15,598,113 Class A ordinary shares issuable to Funtery Holding Limited upon the conversion of the Class B ordinary shares described above.
SCHEDULE 13G
CUSIP No.
G3731B108
1
Names of Reporting Persons
Playfund Trust
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
15,598,113.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
15,598,113.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
15,598,113.00
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)
29.12 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The amount in rows 6, 8 and 9 represents 15,598,113 Class A ordinary shares issuable to Funtery Holding Limited upon the conversion of 15,598,113 Class B ordinary shares held by Funtery Holding Limited, as of June 30, 2025. The issuer's Class B ordinary shares are convertible into Class A ordinary shares at any time after issuance at the option of the holder on a one-to-one basis. Percentage of class is calculated based on 37,971,245 Class A ordinary shares as of June 30, 2025. Pursuant to Rule 13d-3(d)(1) under the Securities Exchange Act of 1934, as amended, the denominator of this percentage is the sum of the 37,971,245 Class A ordinary shares plus 15,598,113 Class A ordinary shares issuable to Funtery Holding Limited upon the conversion of the Class B ordinary shares described above.
SCHEDULE 13G
CUSIP No.
G3731B108
1
Names of Reporting Persons
Funtery Holding 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
VIRGIN ISLANDS, BRITISH
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
15,598,113.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
15,598,113.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
15,598,113.00
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)
29.12 %
12
Type of Reporting Person (See Instructions)
FI
Comment for Type of Reporting Person: The amount in rows 6, 8 and 9 represents 15,598,113 Class A ordinary shares issuable to Funtery Holding Limited upon the conversion of 15,598,113 Class B ordinary shares held by Funtery Holding Limited, as of June 30, 2025. The issuer's Class B ordinary shares are convertible into Class A ordinary shares at any time after issuance at the option of the holder on a one-to-one basis. Percentage of class is calculated based on 37,971,245 Class A ordinary shares as of June 30, 2025. Pursuant to Rule 13d-3(d)(1) under the Securities Exchange Act of 1934, as amended, the denominator of this percentage is the sum of the 37,971,245 Class A ordinary shares plus 15,598,113 Class A ordinary shares issuable to Funtery Holding Limited upon the conversion of the Class B ordinary shares described above.
Funtery Holding Limited
Funomic Holding Limited
Playfund Trust
Feng Xie
The shares reported herein are directly held by Funtery Holding Limited. Funomic Holding Limited, the 66.67% shareholder of Funtery Holding Limited, is directly and indirectly beneficially owned by Feng Xie. Funomic Holding Limited is wholly owned by Playfund Trust, a trust established under the laws of the Republic of Singapore by Feng Xie, as settlor, with Vistra Trust (Singapore) Pte. Limited being appointed as the trustee and Cyberjoy Holding Limited as the beneficiary and having voting and dispositive power over these Class B Ordinary Shares. Accordingly, Feng Xie may be deemed to indirectly beneficially own the securities of the Issuer held by Funtery Holding Limited.
(b)
Address or principal business office or, if none, residence:
Funtery Holding Limited: Sea Meadow House, P.O. Box 116, Road Town, Tortola, British Virgin Islands
Funomic Holding Limited: Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
Playfund Trust: 9 Raffles Place,#26-01 Republic Plaza, Singapore 048619
Feng Xie: 5th Floor, Building 2, No. 500, Shengxia Road, Pudong New Area, Shanghai, People's Republic of China
(c)
Citizenship:
Funtery Holding Limited: British Virgin Island
Funomic Holding Limited: British Virgin Island
Playfund Trust: the Republic of Singapore
Feng Xie: the People's Republic of China
(d)
Title of class of securities:
Class A Ordinary Share
(e)
CUSIP No.:
G3731B108
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:
15,598,113
(b)
Percent of class:
29.12%
(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:
15,598,113
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
15,598,113
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.
Feng Xie
Signature:
/s/ Feng Xie
Name/Title:
Feng Xie
Date:
08/15/2025
Funomic Holding Limited
Signature:
/s/ Feng Xie
Name/Title:
Feng Xie/Authorized Signatory
Date:
08/15/2025
Playfund Trust
Signature:
/s/ Feng Xie
Name/Title:
Feng Xie/Authorized Signatory
Date:
08/15/2025
Funtery Holding Limited
Signature:
/s/ Feng Xie
Name/Title:
Feng Xie/Director
Date:
08/15/2025
Exhibit Information
Exhibit 99.1 Joint Filing Agreement by and among Funtery Holding Limited, Funomic Holding Limited, Playfund Trust, and Feng Xie