On June 22, 2026, Lion Group Holding Ltd. entered into an Investment Participation and Economic Interest Arrangement Agreement with Meili Capital Management Limited. The company will participate in Meili's acquisition of a 10% equity or economic interest in PT NUSANTARA BUMI SANGKARA for a total investment of US$12,000,000. This consideration may be settled via cash, shares of the company or its affiliate, or other agreed forms. The transaction remains subject to regulatory approvals and due diligence. Lion Group Holding Ltd. operates in the aviation industry as a holding company for airline operations.