SCHEDULE: Streeterville Capital Discloses 9.99% Stake in Xiao-I Corp

Streeterville Capital LLC, along with related entities and John M. Fife, has reported beneficial ownership of 5,518,004 ordinary shares in Xiao-I Corp, representing 9.99% of the outstanding shares.

Summary

• Streeterville Capital LLC, Streeterville Management LLC, and John M. Fife have jointly filed a Schedule 13G, indicating their beneficial ownership of 5,518,004 ordinary shares of Xiao-I Corp.
• This holding represents 9.99% of the company's outstanding ordinary shares as of December 31, 2025.
• The reporting persons acquired these shares through rights under two Convertible Promissory Notes dated April 29, 2026, and July 1, 2026.
• An ownership cap of 9.99% is in place, limiting the total number of shares Streeterville Capital LLC can own.
• Streeterville Capital LLC is a Utah limited liability company, Streeterville Management LLC is its manager, and John M. Fife is the sole member of Streeterville Management LLC and a U.S. citizen.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily a disclosure of existing holdings and rights under convertible notes, without new operational or financial performance data.

Positives

• Streeterville Capital LLC has secured a significant stake in Xiao-I Corp, indicating confidence in the company's future prospects.
• The ownership is capped at 9.99%, suggesting a strategic, non-controlling investment approach.
• The filing is an amendment to a previous filing, indicating ongoing monitoring and reporting of holdings.

Negatives

• The reliance on convertible promissory notes suggests that the current ownership is not yet fully realized and is contingent on conversion terms.
• The ownership cap of 9.99% prevents Streeterville Capital LLC from acquiring a controlling interest, which might limit its influence on corporate strategy.

Risks

• The value of the investment is subject to the performance of Xiao-I Corp and the terms of the convertible promissory notes.
• Potential fluctuations in Xiao-I Corp's share price could impact the value of the convertible notes and the ultimate ownership stake.
• The contractual cap on ownership may prevent further investment or strategic alignment if the company's performance warrants it.

Future Outlook

The filing does not contain specific forward-looking statements or guidance from Xiao-I Corp. The outlook for Streeterville Capital LLC's investment is contingent on the terms of the convertible notes and the company's performance.

Management Comments

• Streeterville's current ownership cap is 9.99%.
• The number of shares beneficially owned by Streeterville as of the date of this filing was 5,518,004 shares, which is 9.99% of the 55,235,284 shares outstanding on December 31, 2025 (as reported in the Issuer's 20-F filed on May 15, 2026).
• The Form line 11 is limited to displaying only the tenth decimal place, but the ownership limitation prescribed in the agreement is 9.99%.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and hedge funds acquiring significant stakes in public companies, often through convertible debt instruments. This filing indicates Streeterville Capital's strategic interest in Xiao-I Corp within the broader technology or AI sector.

Stakeholder Impact

• Shareholders: The filing provides transparency on a significant ownership block, which may influence market perception and trading activity.
• Creditors: The convertible notes represent a debt obligation for Xiao-I Corp, impacting its capital structure.
• Management: The 9.99% ownership cap may signal to management that Streeterville Capital is a strategic investor rather than a potential acquirer or activist.

Next Steps

• Streeterville Capital LLC will continue to monitor its beneficial ownership percentage in Xiao-I Corp.
• The company may convert its promissory notes into ordinary shares, subject to the terms and the ownership cap.

Key Dates

Keywords

Xiao-I Corp, Schedule 13G, Streeterville Capital LLC, Streeterville Management LLC, John M. Fife, Ordinary Shares, Beneficial Ownership, Convertible Promissory Note, Investment, SEC Filing