SCHEDULE 13G/A
0001493152-24-052031
0001947975
XXXXXXXX
LIVE
1
Class A Ordinary Shares
09/30/2025
0001938865
Top KingWin Ltd
G8923U129
ROOM 1304, BLG NO. 25, TIAN'AN HQ CENTER
NO. 555, NORTH PANYU AVE., DONGHUAN ST.
GUANGZHOU
F4
511400
Rule 13d-1(c)
ATW Opportunities Master Fund II, LP
b
DE
0
0
0
0
0
N
0.0
PN
Please see note in Item 4(a).
JAK Opportunities VIII LLC
b
DE
0
0
0
0
0
N
0.0
OO
Please see note in Item 4(a).
ATW Partners Opportunities Management, LLC
b
DE
0
0
0
0
0
N
0.0
IA
OO
Please see note in Item 4(a).
Antonio Ruiz-Gimenez
b
U3
0
0
0
0
0
N
0.0
HC
IN
Please see note in Item 4(a).
Kerry Propper
b
X1
0
0
0
0
0
N
0.0
HC
IN
Please see note in Item 4(a).
Top KingWin Ltd
ROOM 1304, BLG NO. 25, TIAN'AN HQ CENTER, NO. 555, NORTH PANYU AVE., DONGHUAN ST.
GUANGZHOU, China 511400
ATW Opportunities Master Fund II, LP*
JAK Opportunities VIII LLC*
ATW Partners Opportunities Management, LLC*
Antonio Ruiz-Gimenez*
Kerry Propper*
1 Pennsylvania Plaza, Suite 4810
New York, New York 10119
ATW Opportunities Master Fund II, LP - Delaware
JAK Opportunities VIII LLC - Delaware
ATW Partners Opportunities Management, LLC - Delaware
Antonio Ruiz-Gimenez - Spain
Kerry Propper - United States
Y
ATW Opportunities Master Fund II, LP - 0*
JAK Opportunities VIII LLC - 0*
ATW Partners Opportunities Management, LLC - 0*
Antonio Ruiz-Gimenez - 0*
Kerry Propper - 0*
*This report shall not be deemed an admission that any of the reporting persons or any other person is the beneficial owner of the securities reported herein, or on previous filings, for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the reporting persons disclaims beneficial ownership of the Shares reported herein (or previously reported herein) except to the extent of each of their pecuniary interest, if any, therein.
ATW Opportunities Master Fund II, LP - 0.0%
JAK Opportunities VIII LLC - 0.0%
ATW Partners Opportunities Management, LLC - 0.0%
Antonio Ruiz-Gimenez - 0.0%
Kerry Propper - 0.0%
ATW Opportunities Master Fund II, LP - 0
JAK Opportunities VIII LLC - 0
ATW Partners Opportunities Management, LLC - 0
Antonio Ruiz-Gimenez - 0
Kerry Propper - 0
ATW Opportunities Master Fund II, LP - 0*
JAK Opportunities VIII LLC - 0*
ATW Partners Opportunities Management, LLC - 0*
Antonio Ruiz-Gimenez - 0*
Kerry Propper - 0*
ATW Opportunities Master Fund II, LP - 0
JAK Opportunities VIII LLC - 0
ATW Partners Opportunities Management, LLC - 0
Antonio Ruiz-Gimenez - 0
Kerry Propper - 0
ATW Opportunities Master Fund II, LP - 0*
JAK Opportunities VIII LLC - 0*
ATW Partners Opportunities Management, LLC - 0*
Antonio Ruiz-Gimenez - 0*
Kerry Propper - 0*
N
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 I - JOINT FILING STATEMENT
ATW Opportunities Master Fund II, LP
/s/ Kerry Propper
Kerry Propper, a Managing Member of the General Partner
11/13/2025
JAK Opportunities VIII LLC
/s/ Kerry Propper
Kerry Propper, a Managing Member of its Manager
11/13/2025
ATW Partners Opportunities Management, LLC
/s/ Kerry Propper
Kerry Propper, a Managing Member
11/13/2025
Antonio Ruiz-Gimenez
/s/ Antonio Ruiz-Gimenez
Individually
11/13/2025
Kerry Propper
/s/ Kerry Propper
Individually
11/13/2025