JX Luxventure Group Inc 6-K, filed Aug 4, 2025
JX Luxventure Group Inc. (JXG)
About this 6-K
JX Luxventure Group Inc filed this 6-K on August 4, 2025.
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 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of August 2025
(Report No. 1)
Commission File Number 001-35715
JX Luxventure Group Inc.
(Translation of registrant’s name into English)
Bin Hai Da Dao No. 270
Lang Qin Wan Guo Ji Du Jia Cun Zong He Lou
Xiu Ying District
Haikou City, Hainan Province 570100
People’s Republic of China
(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 ☐
On August 1, 2025, the board of directors (the “Board”) of JX Luxventure Group Inc., a corporation duly organized under the laws of the Republic of Marshall Islands (the “Company”) and the shareholders of 52% of the total issued and outstanding capital stock of the Company, approved by written consent, and adopted Amendment No. 2 (the “Plan Amendment”) to the JX Luxventure Group Inc. New 2022 Equity Incentive Plan (the “2022 EIP”). The Plan Amendment will decrease the maximum number of shares of the Company’s common stock authorized for issuance under the 2022 EIP (the “Maximum Reserve”) from 25,000,000 shares to 10,000,000 shares of common stock. Recently, on May 7, 2025, the Company adopted Amendment #1 to the 2022 EIP, resulting in, among other things, increase in the Maximum Reserve from 1,000,000 shares to 25,000,000 shares. The Plan Amendment was adopted to decrease further dilution to existing shareholders of the Company, resulting from Amendment #1.
A copy of the Plan Amendment is filed as Exhibit 10.1 to this report on Form 6-K and incorporated hereto.
| Exhibit No. | Description | |
| 10.1 | Amendment No. 2 to the 2022 EIP |
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: August 4, 2025 | JX Luxventure Group Inc. | |
| By: | /s/ Sun Lei | |
| Sun Lei | ||
| Chief Executive Officer | ||
2
Exhibit 10.1
AMENDMENT #2 TO JX Luxventure GROUP INC.
2022 EQUITY INCENTIVE PLAN
This Amendment #2 (the “Plan Amendment”) to the JX Luxventure Group Inc. New 2022 Equity Incentive Plan, as amended by Amendment #1 (the “2022 EIP”), is entered into as of August 1, 2025, by JX Luxventure Group Inc., a non-resident domestic corporation incorporated in the Republic of the Marshall Islands (the “Company”). All capitalized terms used and not defined herein shall have the meanings given to such terms in the 2022 EIP.
RECITALS
A. The Company initially adopted the 2022 EIP on October 26, 2022, which authorized for issuance up to 1,000,000 shares of common stock (as retroactively adjusted to give effect to a 1-for-10 reverse stock split, effective as of April 26, 2023 and a 1-for-4 reverse stock split, effective as of December 27, 2024).
B. On May 7, 2025, the Company adopted Amendment #1 to the 2022 EIP, following approval from the Board and shareholders of the Company, pursuant to which, among other things, the maximum aggregate number of Shares authorized for issuance under the 2022 EIP increased from 1,000,000 to 25,000,000.
C. On August 1, 2025, the Board of Directors and the holders of majority of the outstanding capital stock of the Company, approved this Plan Amendment, to decrease the maximum aggregate number of Shares authorized for issuance under the 2022 EIP from 25,000,000 to 10,000,000.
Pursuant to the authority contained in Section 20(a) of the 2022 EIP, the Company now desires to amend the 2022 EIP as set forth herein.
AGREEMENT
NOW, THEREFORE, in consideration of the premises and mutual covenants set forth in the 2022 EIP, the Company agrees as follows:
1. Section 3(a) of the 2022 EIP is deleted in its entirety and the following is substituted in lieu thereof:
“Shares Subject to the 2022 EIP. Subject to the provisions of Section 13, the maximum aggregate number of Shares authorized for issuance under the 2022 EIP shall be ten million (10,000,000), subject to adjustment for any decrease or increase in the number of Shares resulting from a stock split, reverse stock split, recapitalization, combination, reclassification, the payment of a stock dividend on the Common Stock or any other decrease in the number of such Shares effected without receipt of consideration by the Company.”
2. Except to the extent expressly amended or modified in this Plan Amendment, the 2022 EIP shall remain in full force and effect as initially adopted and amended by Amendment #1.
IN WITNESS WHEREOF, the undersigned has executed this Plan Amendment as of the day and year first above written.
| JX LUXVENTURE GROUP INC. | ||
| By: | /s/ Sun Lei | |
| Sun Lei | ||
| Chief Executive Officer | ||