N68722102

(CUSIP Number)
XJ Harbour HK Limited
Room 76, 5/F, United Centre, 95 Queensway
Admiralty, K3, 000000
852 5948 0780

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
05/12/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Rows 7, 9 and 11: Represents 10,162,575 Class A Ordinary Shares of the Issuer. Each Class A Ordinary Share is entitled to one vote per share. Row 13: Based on an aggregate of 52,800,864 Class A Ordinary Shares of the Issuer (excluding 5,000,000 earn-out shares without voting rights subject to cancellation and 21,000,000 total outstanding warrants issued to other shareholders of the Issuer). The percentage does not reflect the potential conversion of a EUR 2.5 million drawn under a financing facility with Black Forest Special Situations I signed in December 2025 and does also not reflect the potential conversion of a USD 18 million convertible bond and warrants announced by the Issuer on January 20, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Rows 7, 9 and 11: Represents 10,162,575 Class A Ordinary Shares of the Issuer. Each Class A Ordinary Share is entitled to one vote per share. Row 13: Based on an aggregate of 52,800,864 Class A Ordinary Shares of the Issuer (excluding 5,000,000 earn-out shares without voting rights subject to cancellation and 21,000,000 total outstanding warrants issued to other shareholders of the Issuer). The percentage does not reflect the potential conversion of a EUR 2.5 million drawn under a financing facility with Black Forest Special Situations I signed in December 2025 and does also not reflect the potential conversion of a USD 18 million convertible bond and warrants announced by the Issuer on January 20, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Rows 7, 9 and 11: Represents 10,162,575 Class A Ordinary Shares of the Issuer. Each Class A Ordinary Share is entitled to one vote per share. Row 13: Based on an aggregate of 52,800,864 Class A Ordinary Shares of the Issuer (excluding 5,000,000 earn-out shares without voting rights subject to cancellation and 21,000,000 total outstanding warrants issued to other shareholders of the Issuer). The percentage does not reflect the potential conversion of a EUR 2.5 million drawn under a financing facility with Black Forest Special Situations I signed in December 2025 and does also not reflect the potential conversion of a USD 18 million convertible bond and warrants announced by the Issuer on January 20, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Rows 7, 9 and 11: Represents 10,162,575 Class A Ordinary Shares of the Issuer. Each Class A Ordinary Share is entitled to one vote per share. Row 13: Based on an aggregate of 52,800,864 Class A Ordinary Shares of the Issuer (excluding 5,000,000 earn-out shares without voting rights subject to cancellation and 21,000,000 total outstanding warrants issued to other shareholders of the Issuer). The percentage does not reflect the potential conversion of a EUR 2.5 million drawn under a financing facility with Black Forest Special Situations I signed in December 2025 and does also not reflect the potential conversion of a USD 18 million convertible bond and warrants announced by the Issuer on January 20, 2026.


SCHEDULE 13D


 
XJ Harbour HK Ltd
 
Signature:/s/ XJ Harbour HK Ltd
Name/Title:Mak Tsz Ming / Director
Date:05/12/2026
 
Xinjin Global Industrial Fund LP
 
Signature:/s/ Xinjin Global Industrial Fund LP
Name/Title:Mak Tsz Ming / Authorized Signatory
Date:05/12/2026
 
Xinjin Global Industrial Fund GP Limited
 
Signature:/s/ Xinjin Global Industrial Fund GP Limited
Name/Title:Mak Tsz Ming / Director
Date:05/12/2026
 
Xinjin Investment Holding Limited
 
Signature:/s/ Xinjin Investment Holding Limited
Name/Title:HU Bin / Director
Date:05/12/2026
Comments accompanying signature:
Not applicable.