SCHEDULE: Mikhail Stiskin Boosts Stake in BK Technologies to 8.4%
Beneficial Ownership Disclosure
Mikhail Stiskin and affiliated entities have increased their beneficial ownership in BK Technologies Corp to 8.4% of outstanding common stock.
Summary
- Mikhail Stiskin, through Hilve Holdings Ltd, Valdor Global DMCC, and Ingenium Foundation, now beneficially owns an aggregate of 312,331 shares of BK Technologies Corp common stock.
- This aggregate ownership represents 8.4% of the issuer's outstanding common stock.
- Hilve Holdings Ltd, a Cyprus-based entity, directly holds 280,000 shares, accounting for 7.5% of the class.
- Valdor Global DMCC and Ingenium Foundation, both based in the United Arab Emirates, each beneficially own 32,331 shares, representing 0.9% of the class.
- Mikhail Stiskin, an Israeli citizen, is the sole shareholder of Hilve Holdings Ltd and the founder and sole beneficiary of Ingenium Foundation, consolidating the beneficial ownership.
- The percentages are based on 3,733,664 shares of common stock outstanding as of August 7, 2025, as reported in the issuer's Form 10-Q filed on August 14, 2025.
- The securities were not acquired and are not held for the purpose of changing or influencing control of the issuer, other than activities solely in connection with a nomination under Rule 240.14a-11.
Sentiment
Score: 5
Explanation: The filing is a neutral disclosure of beneficial ownership, indicating an increased stake by a significant investor without expressing any explicit positive or negative sentiment regarding the company's performance or future.
Future Outlook
NA
Management Comments
- 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.
Industry Context
This filing is a standard disclosure of beneficial ownership and does not provide specific industry context or trends. It indicates a significant individual investor's increased stake in a publicly traded company.
Stakeholder Impact
- Shareholders: The increased stake by Mikhail Stiskin and affiliated entities could be perceived as a vote of confidence, potentially influencing market sentiment. It also indicates a more concentrated ownership structure, though the filing disclaims intent to influence control.
Key Dates
| Date | Description |
|---|---|
| 2025-08-07 | Date as of which 3,733,664 shares of Common Stock were reported outstanding in the Issuer's Form 10-Q. |
| 2025-08-14 | Date of filing of the Issuer's Form 10-Q with the SEC. |
| 2025-09-30 | Date of event which requires filing of this statement. |
| 2025-10-24 | Signature date for all reporting persons. |
Keywords
BK Technologies Corp, Mikhail Stiskin, Beneficial Ownership, Schedule 13G, SEC Filing, Common Stock, Hilve Holdings Ltd, Valdor Global DMCC, Ingenium Foundation
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