HiTek Global Inc. Schedule 13G shows L1 Capital Global Opportunities Master Fund, Ltd. reports beneficial ownership of 112,800 Class A Ordinary Shares, representing 9.99% of the class. The filing states this amount reflects 85,000 Class A Ordinary Shares and 27,800 Pre-Funded Warrants subject to a 9.99% beneficial ownership limitation. It cites 1,016,474 Class A Ordinary Shares outstanding per the issuer's prospectus and a Form 6-K. The filing names David Feldman and Joel Arber as directors of the reporting fund and notes customary disclaimers regarding beneficial ownership attribution.
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Insights
L1 Capital holds a near-10% stake, a meaningful passive position under disclosure rules.
L1 Capital Global Opportunities Master Fund, Ltd. reports beneficial ownership of 112,800 shares, equal to 9.99% of Class A Ordinary Shares based on 1,016,474 shares outstanding per the prospectus. The position combines 85,000 Class A shares and 27,800 pre-funded warrants that are constrained by a 9.99% ownership cap.
Actual voting or disposition outcomes depend on how those warrants are exercised within the stated ownership limitation; subsequent filings would show changes in the holding percentage.
Filing is a routine Schedule 13G disclosure with attribution and limitation details.
The statement explains the basis for the 9.99% figure and identifies directors of the reporting fund. It explicitly notes additional pre-funded warrants (1,887,200) and warrants (2,000,000) that are not included in the reported 112,800 figure because they are subject to the same 9.99% limitation.
Compliance implications: the filing aligns with passive investor disclosure; any change in purpose or increases above 10.00% would typically require an amendment or a different schedule.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
HiTek Global Inc.
(Name of Issuer)
Class A Ordinary Shares, $ 0.015 par value
(Title of Class of Securities)
G45139121
(CUSIP Number)
06/03/2026
(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):
G45139121
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
112,800.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
112,800.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
112,800.00
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:
HiTek Global Inc.
(b)
Address of issuer's principal executive offices:
Unit 304, No. 30 Guanri Road, Siming District, Xiamen City, Fujian Province, People's Republic of China
Item 2.
(a)
Name of person filing:
L1 Capital Global Opportunities Master Fund, Ltd.
(b)
Address or principal business office or, if none, residence:
161A Shedden Road, 1 Artillery Court,
PO Box 10085
Grand Cayman, Cayman Islands KY1-1001
(c)
Citizenship:
Cayman Islands
(d)
Title of class of securities:
Class A Ordinary Shares, $ 0.015 par value
(e)
CUSIP Number(s):
G45139121
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:
112,800
(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:
112,800
The amounts in Row (5), (7) and (9) represent 85,000 Class A Ordinary Shares and 27,800 Pre-Funded Warrants, subject to a 9.99% beneficial ownership limitation. The amounts do not include 1,887,200 Pre-Funded Warrants and 2,000,000 Warrants, each of which is 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 1,016,474 Class A Ordinary Shares outstanding, based on the Issuer's Prospectus under Rule 424(b)(5) and a Report of Foreign Private Issuer on Form 6-K, filed with the Securities and Exchange Commission on June 3, 2026 and June 4, 2026, respectively.
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.
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
112,800
(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.
