SCHEDULE 13G 0001646799 XXXXXXXX LIVE Class A ordinary shares, par value $0.125 per share 01/29/2026 0001782941 TIAN RUIXIANG Holdings Ltd G8884K136 2107, Block B, Shoudong International Dongcheng District Beijing F4 00000 Rule 13d-1(c) Mitchell P. Kopin X1 0.00 10100615.00 0.00 10100615.00 10100615.00 N 9.99 HC IN Daniel B. Asher X1 0.00 10100615.00 0.00 10100615.00 10100615.00 N 9.99 HC IN Intracoastal Capital LLC DE 0.00 10100615.00 0.00 10100615.00 10100615.00 N 9.99 OO TIAN RUIXIANG Holdings Ltd 2107, Block B, Shoudong International, Dongcheng District, Beijing, People's Republic of China This Schedule 13G is being filed on behalf of (i) Mitchell P. Kopin, an individual ("Mr. Kopin"), (ii) Daniel B. Asher, an individual ("Mr. Asher") and (iii) Intracoastal Capital LLC, a Delaware limited liability company ("Intracoastal" and together with Mr. Kopin and Mr. Asher, collectively the "Reporting Persons"). The principal business office of Mr. Kopin and Intracoastal is 245 Palm Trail, Delray Beach, Florida 33483. The principal business office of Mr. Asher is 1011 Lake Street, Suite 311, Oak Park, Illinois 60301. Mr. Kopin is a citizen of the United States of America. Mr. Asher is a citizen of the United States of America. Intracoastal is a Delaware limited liability company. Y (i) Immediately following the execution of the Securities Purchase Agreement with the Issuer on January 29, 2026 (the "SPA") (as disclosed in the Form 6-K filed by the Issuer with the Securities and Exchange Commission on January 29, 2026), each of the Reporting Persons may have been deemed to have beneficial ownership of 3,050,733 Class A Ordinary Shares, which consisted of (i) 3,040,000 Class A Ordinary Shares to be issued to Intracoastal at the closing of the transaction contemplated by the SPA, (ii) 5,333 Class A Ordinary Shares issuable upon exercise of a warrant held by Intracoastal ("Intracoastal Warrant 1") and (iii) 5,400 Class A Ordinary Shares issuable upon exercise of a second warrant held by Intracoastal ("Intracoastal Warrant 2"), and all such Class A Ordinary Shares represent beneficial ownership of approximately 9.99% of the Class A Ordinary Shares, based on (1) 43,603,573 Class A Ordinary Shares outstanding as of January 29, 2026, as reported to the Reporting Persons by the Issuer, plus (2) 3,040,000 Class A Ordinary Shares to be issued to Intracoastal at the closing of the transaction contemplated by the SPA, (3) 5,333 Class A Ordinary Shares issuable upon exercise of Intracoastal Warrant 1 and (4) 5,400 Class A Ordinary Shares issuable upon exercise of Intracoastal Warrant 2. The foregoing excludes 2,000,000 Class A Ordinary Shares issuable upon exercise of a third warrant held by Intracoastal ("Intracoastal Warrant 3") because Intracoastal Warrant 3 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 3 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Class A Ordinary Shares. Without such blocker provision, each of the Reporting Persons may have been deemed to have beneficial ownership of 5,050,733 Class A Ordinary Shares. (ii) As of the close of business on February 4, 2026, each of the Reporting Persons may have been deemed to have beneficial ownership of 10,100,615 Class A Ordinary Shares, which consisted of (i) 5,333 Class A Ordinary Shares issuable upon exercise of Intracoastal Warrant 1, (ii) 5,400 Class A Ordinary Shares issuable upon exercise of Intracoastal Warrant 2 and (iii) 10,089,882 Class A Ordinary Shares issuable upon exercise of an option held by Intracoastal and acquire pursuant to the Securities Purchase Agreement with the Issuer on February 3, 2026 (the "Intracoastal Option") (as disclosed in the Form 6-K filed by the Issuer with the Securities and Exchange Commission on February 3, 2026) (the "Second SPA"), and all such Class A Ordinary Shares represent beneficial ownership of approximately 9.99% of the Class A Ordinary Shares, based on (1) 83,606,649 Class A Ordinary Shares outstanding prior to the execution of the Second SPA, as reported to the Reporting Persons by the Issuer, plus (2) 7,200,000 Class A Ordinary Shares issued at the closing of the transaction contemplated by Second SPA, (3) 200,000 Class A Ordinary Shares issued to Intracoastal upon exercise of the Option, (4) 5,333 Class A Ordinary Shares issuable upon exercise of Intracoastal Warrant 1, (5) 5,400 Class A Ordinary Shares issuable upon exercise of Intracoastal Warrant 2 and (6) 10,089,882 Class A Ordinary Shares issuable upon exercise of the Intracoastal Option. The foregoing excludes (I) 2,000,000 Class A Ordinary Shares issuable upon exercise of a third warrant held by Intracoastal ("Intracoastal Warrant 3") because Intracoastal Warrant 3 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 3 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Class A Ordinary Shares and (II) 1,710,118 Class A Ordinary Shares issuable upon exercise of the Intracoastal Option because the Intracoastal Option contains a blocker provision under which the holder thereof does not have the right to exercise the Intracoastal Option to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 9.99% of the Class A Ordinary Shares. Without such blocker provisions, each of the Reporting Persons may have been deemed to have beneficial ownership of 13,810,733 Class A Ordinary Shares. 9.99 0 10,100,615 0 10,100,615 Y Y Y Y Y N 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. Exhibit 1 - Joint Filing Agreement Mitchell P. Kopin /s/ Mitchell P. Kopin 02/04/2026 Daniel B. Asher /s/ Daniel B. Asher 02/04/2026 Intracoastal Capital LLC /s/ Mitchell P. Kopin 02/04/2026