SEC Form SCHEDULE 13G filed by BGM Group Ltd.
$BGM
Biotechnology: Pharmaceutical Preparations
Health Care
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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BGM Group Ltd. (Name of Issuer) |
Class A Ordinary Share, par value $0.00833335 per share (Title of Class of Securities) |
G7307E123 (CUSIP Number) |
05/22/2025 (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)
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 Rule 13d-1(c)
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| Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | G7307E123 |
| 1 | Names of Reporting Persons
Xing Lai | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
CHINA
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
20,000,000.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
10.9 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person: Note to Row 5, 7, 9:
Includes 20,000,000 Class A ordinary shares, par value $0.00833335 per share, of BGM Group Ltd. (the "Issuer") held by Shimmering Holdings Ltd ("Shimmering"), which is wholly held by Ms. Xing Lai.
Note to Row 11:
Based on 183,959,931 ordinary shares, comprising of 163,959,931 Class A ordinary shares and 20,000,000 Class B ordinary shares, of the Issuer outstanding as of May 22, 2025 according to records of the Issuer.
SCHEDULE 13G
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| CUSIP No. | G7307E123 |
| 1 | Names of Reporting Persons
Shimmering Holdings Ltd | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
VIRGIN ISLANDS, BRITISH
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
20,000,000.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
10.9 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person: Note to Row 5, 7, 9:
Includes 20,000,000 Class A ordinary shares, par value $0.00833335 per share, of BGM Group Ltd. (the "Issuer") held by Shimmering Holdings Ltd ("Shimmering").
Note to Row 11:
Based on 183,959,931 ordinary shares, comprising of 163,959,931 Class A ordinary shares and 20,000,000 Class B ordinary shares, of the Issuer outstanding as of May 22, 2025 according to records of the Issuer.
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
BGM Group Ltd. | |
| (b) | Address of issuer's principal executive offices:
No. 152 Hongliang East 1st Street No. 1703, Tianfu New District Chengdu, F4, 610200 | |
| Item 2. | ||
| (a) | Name of person filing:
This Statement is filed on behalf of the following persons (collectively, the "Reporting Persons"):
i)Xing Lai; and
ii)Shimmering Holdings Ltd. | |
| (b) | Address or principal business office or, if none, residence:
The principal business office of Ms. Xing Lai is Room 405, Block 3, TCL International Tower of E, No. 1001, Zhongshanyuan Road, Xili Street, Nanshan Shenzhen, PRC, 518000.
The principal business office of Shimmering Holdings Ltd is Room 405, Block 3, TCL International Tower of E, No. 1001, Zhongshanyuan Road, Xili Street, Nanshan Shenzhen, PRC, 518000. | |
| (c) | Citizenship:
Ms. Xing Lai is a citizen of PRC.
Shimmering is a BVI company. | |
| (d) | Title of class of securities:
Class A Ordinary Share, par value $0.00833335 per share | |
| (e) | CUSIP No.:
G7307E123 | |
| 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);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (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);
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| (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).
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| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
Xing Lai: 20,000,000
Shimmering Holdings Ltd: 20,000,000
Represents 20,000,000 Class A ordinary shares directly held by Shimmering Holdings Ltd, a company incorporated in the BVI. Shimmering Holdings Ltd is wholly owned by Xing Lai. | |
| (b) | Percent of class:
The percentage of class of securities beneficially owned by each Reporting Person is calculated based on a total of 183,959,931 ordinary shares, comprising of 163,959,931 Class A ordinary shares and 20,000,000 Class B ordinary shares, of the Issuer outstanding as of May 22, 2025 according to records of the Issuer. The Class B ordinary shares are treated as converted into Class A ordinary shares only for the purpose of calculating the percentage ownership.
Shimmering Holdings Ltd: 10.9%
Xing Lai: 10.9% | |
| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
Shimmering Holdings Ltd: 20,000,000
Xing Lai: 20,000,000
Percent of Aggregate Voting Power:
Shimmering Holdings Ltd: 0.9%
Xing Lai: 0.9%
For each Reporting Person, percentage of aggregate voting power is calculated by dividing the voting power beneficially owned by such Reporting Person by the voting power of all of the Issuer's Class A ordinary shares and Class B ordinary shares as a single class. Each Class A ordinary share is entitled to one (1) vote while each Class B ordinary share is entitled to one hundred (100) votes on any and all matters submitted for a vote. | ||
| (ii) Shared power to vote or to direct the vote:
0.00 | ||
| (iii) Sole power to dispose or to direct the disposition of:
Shimmering Holdings Ltd: 20,000,000
Xing Lai: 20,000,000 | ||
| (iv) Shared power to dispose or to direct the disposition of:
0.00 | ||
| 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
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| 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
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| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| 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.
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Exhibit Information
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Exhibit No.1 Joint Filing Agreement |