Lion Group Holding (LGHL) adopts 2025 share incentive plan for 10 years

Rhea-AI Filing Summary

Lion Group Holding Ltd. has adopted a new 2025 Share Incentive Plan approved by its board of directors on September 3, 2025. The plan authorizes a maximum aggregate of 1,492,312,340 Class A or Class B ordinary shares to be issued pursuant to awards granted under the plan. The 2025 Share Incentive Plan will remain in effect for ten years, providing a long-term framework for equity-based compensation.

Insights

Equity Compensation & Governance Analyst

Lion Group sets a 10‑year, share-based compensation framework.

Lion Group Holding Ltd. has established a 2025 Share Incentive Plan, approved by the board on September 3, 2025. The plan permits issuing up to 1,492,312,340 Class A or Class B ordinary shares pursuant to awards, creating a structured vehicle for equity compensation over time.

The ten-year term signals a long-dated approach to using stock-based incentives, which can help align employees and directors with shareholder outcomes when implemented carefully. Actual dilution and cost effects will depend on how many awards are granted, their vesting conditions, and any offsets such as share repurchases that the company may choose to undertake.

Subsequent disclosures in future company filings may provide details on grants made under the 2025 plan, including award types, vesting terms, and recipients, which will clarify how actively the authorized share pool is being used.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2025

Commission File Number: 001-39301

LION GROUP HOLDING LTD.

Not Applicable

(Translation of registrant’s name into English)

Cayman Islands

(Jurisdiction of incorporation or organization)

10 Ubi Crescent, #06-51 (Office 12), Ubi Techpark

Singapore 408574, Lobby C

(Address of principal executive office)

Registrant’s phone number, including area code

+65 8877 3871

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒      Form 40-F ☐

Information Contained in this Form 6-K Report

2025 Share Incentive Plan 

Lion Group Holding Ltd. (the “Company”) has adopted the 2025 Share Incentive Plan (the “2025 Plan”), as approved and authorized by the board of directors of the Company on September 3, 2025. Under the 2025 Plan, the maximum aggregate number of Class A or Class B ordinary shares of the Company which may be issued pursuant to all awards is 1,492,312,340. The 2025 Plan will continue in effect for a term of ten years.

Exhibit Index

Exhibit 99.1  2025 Share Incentive Plan

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: September 26, 2025

	LION GROUP HOLDING LTD.
	By:	/s/ Chunning Wang
	Name:	Chunning Wang
	Title:	Chief Executive Officer and Director

2

FAQ

What did Lion Group Holding Ltd. (LGHL) disclose in this Form 6-K?

Lion Group Holding Ltd. disclosed that it has adopted a 2025 Share Incentive Plan, approved by its board of directors on September 3, 2025.

How many shares are available under Lion Group Holding (LGHL) 2025 Share Incentive Plan?

Under the 2025 Share Incentive Plan, a maximum aggregate of 1,492,312,340 Class A or Class B ordinary shares may be issued pursuant to awards.

What types of shares can be issued under Lion Group Holding (LGHL) 2025 plan?

The 2025 Share Incentive Plan allows issuance of Class A or Class B ordinary shares of Lion Group Holding Ltd. pursuant to awards.

How long will Lion Group Holding (LGHL) 2025 Share Incentive Plan remain in effect?

The 2025 Share Incentive Plan will remain in effect for a term of ten years from its adoption.

Who approved Lion Group Holding (LGHL) 2025 Share Incentive Plan?

The 2025 Share Incentive Plan was approved and authorized by the board of directors of Lion Group Holding Ltd. on September 3, 2025.

Does the Lion Group Holding (LGHL) filing mention executive signatures?

Yes. The report is signed on behalf of Lion Group Holding Ltd. by Chunning Wang, its Chief Executive Officer and Director.