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    Amendment: SEC Form SC 13G/A filed by Bitdeer Technologies Group

    10/25/24 6:02:28 AM ET
    $BTDR
    Finance: Consumer Services
    Finance
    Get the next $BTDR alert in real time by email
    SC 13G/A 1 ef20037701_sc13ga.htm SC 13G/A

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
     
    SCHEDULE 13G
    (Rule 13d-102)
     
    UNDER THE SECURITIES EXCHANGE ACT OF 1934
    (Amendment No. 2)*
     
    Bitdeer Technologies Group
    (Name of Issuer)
     
    Class A ordinary shares, par value $0.0000001 per share
    (Title of Class of Securities)
     
    G11448100
    (CUSIP Number)
     
    September 30, 2024
    (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)
     
    *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
     
    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



    1
    NAMES OF REPORTING PERSONS
     
     
    Mega Galaxy International Limited
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
       
    (a)☐
       
    (b)☐
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    British Virgin Islands
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    5
    SOLE VOTING POWER
     
     
    6,582,170 class A ordinary shares (1)
     
     
     
     
    6
    SHARED VOTING POWER
     
     
    0
     
     
     
     
    7
    SOLE DISPOSITIVE POWER
     
     
    6,582,170 class A ordinary shares (1)
     
     
     
     
    8
    SHARED DISPOSITIVE POWER
     
     
    0
     
     
     
     
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    6,582,170 class A ordinary shares (1)
     
     
     
     
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
     
    ☐
     
     
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
     
    6.0% of class A ordinary shares (4.2% of ordinary shares) (2)
     
     
     
     
    12
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    CO
     
     
     
     
     

    (1)
    Represents 6,582,170 class A ordinary shares, par value US$0.0000001 per share, directly held by Mega Galaxy International Limited (“Mega Galaxy”). Mega Galaxy is a British Virgin Islands company wholly owned by Flourishing Well Limited, a company incorporated in the British Virgin Islands, which in turn is wholly owned and managed by VISTRA Trust (Hong Kong) Limited as trustee (the “Trustee”) of The Sharesun Trust, a Hong Kong reserved powers trust (the “Trust”). Mr. Yuesheng Ge is the settlor of the Trust and Mr. Ge and his family members are the beneficiaries of the Trust. Under the terms of the Trust, Mr. Ge has the power to direct the Trustee with respect to the retention or disposal of, and the exercise of any voting and other rights attached to the shares held by Mega Galaxy in the Issuer.

    (2)
    Calculation is based on a total of 157,553,904 ordinary shares of the Issuer, including 90,566,622 Class A ordinary shares outstanding as of May 31, 2024, 48,399,922 Class V ordinary shares outstanding as of May 31, 2024, and additional 18,587,360 Class A ordinary shares issued by the Issuer in connection with a Subscription Agreement dated May 30, 2024, as disclosed by the Issuer’s registration statement on Form F-3 filed with the Securities and Exchange Commission on June 7, 2024.

    2

    1
    NAMES OF REPORTING PERSONS
     
     
    Yuesheng Ge
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
       
    (a)☐
       
    (b)☐
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Chinese
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    5
    SOLE VOTING POWER
     
     
    6,582,170 class A ordinary shares (3)
     
     
     
     
    6
    SHARED VOTING POWER
     
     
    0
     
     
     
     
    7
    SOLE DISPOSITIVE POWER
     
     
    6,582,170 class A ordinary shares (3)
     
     
     
     
    8
    SHARED DISPOSITIVE POWER
     
     
    0
     
     
     
     
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    6,582,170 class A ordinary shares (3)
     
     
     
     
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
     
    ☐
     
     
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
     
    6.0% of class A ordinary shares (4.2% of ordinary shares) (4)
     
     
     
     
    12
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    IN
     
     
     
     
     

    (3)
    Represents 6,582,170 class A ordinary shares, par value US$0.0000001 per share, directly held by Mega Galaxy International Limited (“Mega Galaxy”). Mega Galaxy is a British Virgin Islands company wholly owned by Flourishing Well Limited, a company incorporated in the British Virgin Islands, which in turn is wholly owned and managed by VISTRA Trust (Hong Kong) Limited as trustee (the “Trustee”) of The Sharesun Trust, a Hong Kong reserved powers trust (the “Trust”). Mr. Yuesheng Ge is the settlor of the Trust and Mr. Ge and his family members are the beneficiaries of the Trust. Under the terms of the Trust, Mr. Ge has the power to direct the Trustee with respect to the retention or disposal of, and the exercise of any voting and other rights attached to the shares held by Mega Galaxy in the Issuer.
     
    (4)
    Calculation is based on a total of 157,553,904 ordinary shares of the Issuer, including 90,566,622 Class A ordinary shares outstanding as of May 31, 2024, 48,399,922 Class V ordinary shares outstanding as of May 31, 2024, and additional 18,587,360 Class A ordinary shares issued by the Issuer in connection with a Subscription Agreement dated May 30, 2024, as disclosed by the Issuer’s registration statement on Form F-3 filed with the Securities and Exchange Commission on June 7, 2024.

    3

    Item 1(a).
    Name of Issuer:
    Bitdeer Technologies Group (the “Issuer”)
    Item 1(b).
    Address of Issuer’s Principal Executive Offices:
    08 Kallang Avenue
    Aperia tower 1, #09-03/04
    Singapore 339509
    Item 2(a).
    Name of Person Filing:
    (i) Mega Galaxy International Limited, and
    (ii) Yuesheng Ge
    (collectively, the “Reporting Persons”).
    Item 2(b).
    Address of Principal Business Office or, if none, Residence:
    The addresses of the Reporting Persons are:
    (i) Mega Galaxy International Limited:
    Vistra Corporate Services Centre, Wickhams Cay II
    Road Town, Tortola, VG1110
    British Virgin Islands

    (ii) Yuesheng Ge:
    Aperia Tower 1, #17-01
    8 Kallang Avenue
    Singapore 339509
    Item 2(c)
    Citizenship:
    Mega Galaxy International Limited – British Virgin Islands
    Yuesheng Ge – Chinese
    Item 2(d).
    Title of Class of Securities:
    Class A ordinary shares, par value US$0.0000001 per share
    Item 2(e).
    CUSIP Number:
    G11448100
    Item 3.
    If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a:
    Not applicable
       
    Item 4.
    Ownership:

    Reporting Person
     
    Amount of shares
    beneficially
    owned:
       
    Percent
    of
    class A ordinary shares(1):
       
    Percent
    of
    ordinary shares(1):
       
    Percent of
    aggregate
    voting
    power:
       
    Sole power to vote
    or direct the vote:
       
    Shared
    power
    to vote or
    to direct
    the vote:
       
    Sole power
    to
    dispose or to
    direct the
    disposition
    of:
       
    Shared
    power
    to dispose or
    to direct the
    disposition of:
     
    Mega Galaxy International Limited
       
    6,582,170
         
    6.0
    %
       
    4.2
    %
       
    1.1
    %
       
    6,582,170
         
    0
         
    6,582,170
         
    0
     
    Yuesheng Ge
       
    6,582,170
         
    6.0
    %
       
    4.2
    %
       
    1.1
    %
       
    6,582,170
         
    0
         
    6,582,170
         
    0
     


    (1)
    The percentage of class of securities beneficially owned by each Reporting Person is based on a total of 157,553,904 ordinary shares of the Issuer, including 90,566,622 Class A ordinary shares outstanding as of May 31, 2024, 48,399,922 Class V ordinary shares outstanding as of May 31, 2024, and additional 18,587,360 Class A ordinary shares issued by the Issuer in connection with a Subscription Agreement dated May 30, 2024, as disclosed by the Issuer’s registration statement on Form F-3 filed with the Securities and Exchange Commission on June 7, 2024.

    4

    Item 5.
    Ownership of Five Percent or Less of a Class:
    Not applicable
    Item 6.
    Ownership of More than Five 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 Controlling Person:
    Not applicable
    Item 8.
    Identification and Classification of Members of the Group:
    See Item 2(a) in lieu of an exhibit.
    Item 9.
    Notice of Dissolution of Group:
    Not applicable
    Item 10.
    Certifications:
    Not applicable

    5

    EXHIBIT INDEX
     
    Exhibit No.
     
    Description
    99.1
     
    Joint Filing Agreement


    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.
     
    Dated: October 25, 2024
       
         
     
    Mega Galaxy International Limited
         
      By:
    /s/ Yuesheng Ge

      Name:
    Yuesheng Ge
      Title:
    Director
         
     
    Yuesheng Ge
         
     
    /s/ Yuesheng Ge




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