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NIP Group Inc. — M&A Activity 2026
Jun 2, 2026
33657_rns_2026-06-02_120c253b-7967-4f6f-ba2e-f9f1b755d3d4.zip
M&A Activity
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6-K 1 form6-k.htm 6-K
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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 June 2026
Commission File Number: 001-42160
NIP Group Inc.
Rosenlundsgatan 31
11 863 Stockholm
Sweden
+46 8133700
(Address of principal executive offices)
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 ☐
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NIP Group Inc. Announces Additional Closing of the Second Tranche of Its Bitcoin Mining Capacity Acquisition
Reference is made to the Current Reports on Form 6-K furnished by NIP Group Inc. (the “Company”) with the Securities and Exchange Commission on November 3, 2025 and January 13, 2026, which described, among other things, the entry into a second asset purchase agreement (the “Tranche 2 APA”), and an amendment thereto, in connection with the Company’s acquisition of additional Bitcoin mining capacity (the “Transaction”) from certain sellers (the “Sellers”). The initial closing under the Transaction was completed on January 9, 2026 and settled through issuance of 167,917,734 Class A ordinary shares of the Company to the Sellers and/or their assignees.
On May 29, 2026, the Company entered into a second amendment to the Tranche 2 APA (the “Tranche 2 APA Amendment”). Pursuant to the Tranche 2 APA Amendment, the parties agreed that the remaining closings under the Transaction, which had previously been contemplated to be settled through issuance of convertible notes, will instead be settled through issuance of Class A ordinary shares of the Company.
On May 29, 2026, the Company also completed a second closing under the Transaction and issued an aggregate of 62,579,674 Class A ordinary shares of the Company to the Sellers and/or their assignees as consideration for the acquired mining assets.
The remaining closing under the Transaction, when completed, is also expected to be settled through issuance of Class A ordinary shares of the Company in accordance with the Tranche 2 APA Amendment.
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EXHIBIT INDEX
| Exhibit
No. | Description |
| --- | --- |
| Exhibit
99.1 | Form
of Second Amendment to the On-rack Sales and Purchase Agreement |
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SIGNATURE
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.
| NIP
Group Inc. | |
| --- | --- |
| By: | /s/
Mario Yau Kwan Ho |
| Name: | Mario
Yau Kwan Ho |
| Title: | Co-Chief
Executive Officer |
| By: | /s/
Hicham Chahine |
| Name: | Hicham
Chahine |
| Title: | Co-Chief
Executive Officer |
Date: June 2, 2026
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