Welcome to our dedicated page for Founder Group SEC filings (Ticker: FGL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. SEC filings for Founder Group Limited (NASDAQ: FGL), a foreign private issuer incorporated in the British Virgin Islands and focused on EPCC services for solar PV facilities in Malaysia. The company files reports such as Form 6-K to disclose financial information, corporate actions, financing arrangements and other material developments.
In its Form 6-K submissions, Founder Group has reported unaudited condensed consolidated interim financial statements and related management’s discussion and analysis for specified periods, giving insight into its financial condition and results of operations. These filings also include Inline XBRL data files that structure the financial information for further analysis.
The company uses Form 6-K to document shareholder meeting outcomes, including resolutions from annual and extraordinary general meetings. Examples include approval of director fees, auditor appointments, amendments to the memorandum and articles of association, and the introduction of a dual class share structure with Class A and Class B ordinary shares.
Founder Group’s filings also describe capital markets and financing transactions, such as the adoption of Class A ordinary shares for trading on the Nasdaq Capital Market and the issuance of a secured convertible promissory note to an institutional investor. Related agreements, including a securities purchase agreement, deposit account control agreement, guaranty and pledge agreement, are filed as exhibits for detailed review.
Regulatory documents further cover matters like Nasdaq trading symbol information, explanatory notes regarding major projects disclosed via press release and the company’s obligations to file registration statements for resale of conversion shares. With AI-powered summaries, users can quickly understand the key points of each filing, from governance changes to financing terms, while still having access to the full original documents and exhibits.
Founder Group Ltd director SIN SIEW KUEN has filed an initial Form 3, which is the required statement of beneficial ownership for insiders. The filing identifies her as an independent director and reports no purchases, sales, or other transactions in Founder Group Ltd securities.
Founder Group Ltd filed an initial ownership report showing that Chief Financial Officer See Sian Seong holds 1,570 Class A Ordinary Shares directly. This Form 3 establishes the executive’s starting equity position as a reporting insider.
The filing does not report any new buy or sell transactions, only current holdings.
Founder Group Ltd director and Chief Executive Officer Lee Seng Chi filed an initial ownership report showing direct holdings in both classes of the company’s ordinary shares. He reports owning 26,080 Class A Ordinary Shares and 51,949 Class B Ordinary Shares, reflecting his status as a more than ten percent owner.
Founder Group Limited registers resale of up to 900,000 Class A Ordinary Shares. This prospectus registers resale by a selling shareholder of up to 900,000 Class A Ordinary Shares, to be sold from time to time for the selling shareholder’s account. The Company will receive no proceeds from these sales.
The shares are issuable upon conversion of a secured convertible promissory note with an original principal amount of $16,070,000 (including an original issue discount of $1,050,000), convertible at a price equal to 82.5% of the lowest daily VWAP during ten consecutive trading days preceding the measurement date, subject to a floor price of $6.874 and a cash‑in‑lieu option if conversion price is below that floor. The prospectus also discloses the Company received aggregate gross proceeds computed as $15,000,000 under the Purchase Agreement and lists a Nasdaq closing price of $6.32 on March 11, 2026.
Founder Group Limited filed a Form F-1 to register the resale of up to 900,000 Class A Ordinary Shares held by the selling shareholder, issuable upon conversion of a secured convertible promissory note dated December 11, 2025. The note’s original principal was $16,070,000 (including an original issue discount of $1,050,000) and carries simple interest at 6% per annum. The note converts at a price equal to 82.5% of the lowest daily VWAP during ten consecutive trading days preceding the measurement date, with a Floor Price of $6.874; the selling shareholder "has the right to have the applicable conversion amount paid in cash rather than conversion shares."
The offering is a resale by the selling shareholder and the Company will receive no proceeds from sales. The prospectus lists 321,783 Class A Ordinary Shares outstanding prior to this offering and describes potential dilution and resale overhang from conversions and subsequent sales.
Founder Group Ltd’s chief executive officer, Lee Seng Chi, has filed a Schedule 13D reporting beneficial ownership of 7,802,794 Class A share equivalents, representing 18.80% of the Class A class on an as-converted basis. This total includes 2,607,954 Class A shares and 5,194,840 Class B shares, with each Class B share convertible into one Class A share and carrying twenty votes per share versus one vote for each Class A share.
Lee initially held 4,832,954 ordinary shares at the company’s initial public offering, which were redesignated in July 2025 into 2,832,954 Class A shares and 2,000,000 Class B shares. Between December 2025 and January 2026, he sold 225,000 Class A shares in the open market. On January 8, 2026, he received a grant of 3,194,840 Class B shares from the company as incentive payments for successfully procuring contracts related to large-scale solar photovoltaic projects in Malaysia.
Reservoir Link Energy Bhd, a Malaysian public company, disclosed significant ownership in Founder Group Ltd Class A Shares. It reports beneficial ownership of 7,650,000 Class A Shares, equal to 23.16% of the Class A class on an as-converted basis. This stake consists of 5,650,000 Class A Shares and 2,000,000 Class B Shares, with each Class B Share convertible into one Class A Share and carrying twenty votes per share, versus one vote for each Class A Share. The percentage ownership is calculated assuming all Class B Shares are converted, based on a total of 33,033,700 shares outstanding on an as-converted basis as of December 31, 2025.
Founder Group Limited reports that its board approved the issuance of 3,194,840 Class B shares to chief executive officer and chairman Lee Seng Chi and 2,129,893 shares to non-executive director Thien Chiet Chai as incentive payments for securing contracts for large-scale solar photovoltaic projects in Malaysia. The issuance is expected to be completed by January 2026.
After this issuance, the board also approved a one hundred-to-one share combination of all Company shares, covering both Class A and Class B shares, to take effect on the market effective date approved by Nasdaq. No fractional shares will be left outstanding, as any fractional holdings will be rounded up through the issue of bonus shares.
Founder Group Limited entered into a secured convertible note financing with Streeterville Capital for an original principal amount of $16,070,000. The note includes a $1,050,000 original issue discount and $20,000 of transaction expenses, and bears simple interest at 6% per year. It is convertible into Class A Ordinary Shares at a price equal to 82.5% of the lowest daily volume-weighted average price over ten consecutive trading days before the measurement date, with the investor able to demand cash repayment instead of shares if the conversion price is below $0.06874.
At closing, the investor paid $3,000,000 directly to the company and $12,000,000 into a controlled deposit account of wholly owned subsidiary Founder Capital, LLC to secure the note. The company’s obligations are further secured by a guaranty from Founder Capital and a pledge of its equity. Founder Group also agreed to file a Form F-1 registration statement within 30 days to register at least 230,000,000 Class A Ordinary Shares for the investor’s resale of conversion shares.