UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(MARK ONE)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarter ended ~~September~~March 3031, ~~2025~~2026

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

KB Global Holdings Limited

(Exact name of Registrant as specified in its charter)

~~000~~Commission File Number: 0-~~00000~~56592

Cayman Islands		00-0000000 Not applicable
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

No 3 Building of No 1 Jiali Construction Plaza FL 13,

No.4 Central Road, Futian, Shenzhen GA

Guangdong Province, 518000, People’s Republic of China

Tel: (86) 0755-8320 1415

(Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered

Securities registered pursuant to Section 12(g) of the Act: ~~None~~Ordinary Shares, $0.00001 par value

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated Filer	☒	Smaller reporting company	☒
		Emerging growth company	☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

As of ~~October 31~~July 2, ~~2025~~2026, there were 130,097,000 shares of the registrant’s ordinary shares outstanding.

KB GLOBAL HOLDINGS LIMITED

INDEX TO FINANCIAL STATEMENTS

		Page
Unaudited Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 2024		F-1
Unaudited Condensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 2025		F-1
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss for the Three and Nine Months Ended September 30, 2025 and 2024		F-2
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss for the Three Months Ended March 31, 2026 and 2025		F-2
Unaudited Condensed Consolidated Statements of Shareholders’ Equity for the Three and Nine Months Ended September 30, 2025 and 2024		F-3
Unaudited Condensed Consolidated Statements of Shareholders’ Equity for the Three Months Ended March 31, 2026 and 2025		F-3
Unaudited Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2025 and 2024		F-4
Unaudited Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025		F-4
Notes to Unaudited Condensed Consolidated Financial Statements		F-5 – F-1113

KB GLOBAL HOLDINGS LIMITED

Unaudited Condensed Consolidated Balance Sheets

	September 30, 2025			December 31, 2024
	March 31, 2026			December 31, 2025
	(Unaudited)
ASSETS
Non-current assets
Computer equipment	$	2320,~~628~~786		$	2822,~~096~~227
Total non-current assets		2320,~~628~~786			2822,~~096~~227
Current assets
Account receivables		18,321			17,872
Other receivables		868			1,140
Other receivables		1,404			1,096
Amounts due from related parties		21,843			45,604
Amounts due from related parties		44,939			-
Cash and cash equivalents		184			715
Cash and cash equivalents		324			3,253
Total current assets		22,895			47,459
Total current assets		64,988			22,221
Total assets	$	43,681		$	69,686
Total assets	$	88,616		$	50,317
LIABILITIES AND SHAREHOLDERS’ DEFICIT
Current liabilities
Accruals and other current payables	$	~~218~~241,~~696~~406		$	~~294~~249,~~934~~898
Other tax payable		172			-
Tax payable		2,509			2,471
Tax payable		2,435			2,376
Amount due to a related party		218,615			198,977
Amount due to a related party		176,887			23,661
Total current liabilities		462,530			451,346
Total current liabilities		398,190			320,971
Total liabilities	$	462,530		$	451,346
Total liabilities	$	398,190		$	320,971
Shareholders’ deficit
Ordinary shares, $0.00001 par value; 500,000,000 shares authorized; 130,097,000 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively.		1,301			1,301
Ordinary shares, $0.00001 par value; 500,000,000 shares authorized; 130,097,000 shares issued and outstanding at March 31, 2026 and December 31, 2025		1,301			1,301
Additional paid-in capital		96,999			96,999
Accumulated deficit		(~~406~~515,~~565~~640	)		(~~366~~478,~~416~~465	)
Accumulated other comprehensive loss		(1,~~309~~509	)		(21,~~538~~495	)
Total shareholders’ deficit		(~~309~~418,~~574~~849	)		(~~270~~381,~~654~~660	)
Total liabilities and shareholders’ deficit	$	8843,~~616~~681		$	5069,~~317~~686

The accompanying notes are an integral part of these financial statements.

F-1

KB GLOBAL HOLDINGS LIMITED

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss

	For the three months ended September 30,						For the nine months ended September 30,
	For the three months ended March 31,
	2025			2024			2025			2024
	2026			2025
	(Unaudited)			(Unaudited)			~~(Unaudited)~~			~~(Unaudited)~~
Revenue
Software development service – related party	$	-		$	-		$	-		$	~~180,028~~
Cost of sales		-			-			-			~~(149,601~~	)
Gross profit		-			-			-			~~30,427~~
Operating expenses		(1237,~~059~~175	)		(1716,~~546~~538	)		~~(40,159~~	)		~~(68,990~~	)
Loss from operations		(1237,~~059~~175	)		(1716,~~546~~538	)		~~(40,159~~	)		~~(38,563~~	)
Other income		-			~~6,730~~10			10			~~22,982~~
Loss before income tax		(1237,~~059~~175	)		(1016,~~816~~528	)		~~(40,149~~	)		~~(15,581~~	)
Income tax expense		-			-			-			-
Net loss	$	(1237,~~059~~175	)	$	(1016,~~816~~528	)	$	~~(40,149~~	)	$	~~(15,581~~	)
Other comprehensive income
Other comprehensive (loss)/income
Foreign currency translation adjustments		~~257~~(14	)		~~2,675~~316			~~1,229~~			~~1,505~~
Comprehensive loss	$	(1137,~~802~~189	)	$	(816,~~141~~212	)	$	~~(38,920~~	)	$	~~(14,076~~	)
Basic and diluted loss per ordinary share	$	(0.00	)	$	(0.00	)	$	~~(0.00~~	)	$	~~(0.00~~	)
Basic and diluted weighted average ordinary shares outstanding		130,097,000			130,097,000			130,097,000			130,097,000
Basic and diluted weighted average ordinary share outstanding		130,097,000			130,097,000

The accompanying notes are an integral part of these financial statements.

F-2

KB GLOBAL HOLDINGS LIMITED

Unaudited Condensed Consolidated Statements of Shareholders’ Equity

For the three ~~and nine~~ months ended ~~September~~March 3031, ~~2025~~2026 (Unaudited)

	Ordinary shares				Additional paid-in		Accumulated			Accumulated other comprehensive			Shareholders’
	Number		Amount		capital		deficit			(loss~~)/income~~			deficit
Balance as of January 1, 2025		130,097,000	$	1,301	$	96,999	$	(366,416	)	$	(2,538	)	$	(270,654	)
Balance as of January 1, 2026		130,097,000	$	1,301	$	96,999	$	(478,465	)	$	(1,495	)	$	(381,660	)
Net loss		-		-		-		(1637,~~528~~175	)		-			(1637,~~528~~175	)
Foreign currency translation adjustment		-		-		-		-			~~316~~(14	)		~~316~~(14	)
Balance as of March 31, 2025		130,097,000	$	1,301	$	96,999	$	(382,944	)	$	(2,222	)	$	(286,866	)
Balance as of March 31, 2026		130,097,000	$	1,301	$	96,999	$	(515,640	)	$	(1,509	)	$	(418,849	)
Net loss		-		-		-		(11,562	)		-			(11,562	)
Foreign currency translation adjustment		-		-		-		-			656			656
Balance as of June 30, 2025		130,097,000	$	1,301	$	96,999	$	(394,506	)	$	(1,566	)	$	(297,772	)
Net loss		-		-		-		(12,059	)		-			(12,059	)
Foreign currency translation adjustment		-		-		-		-			257			257
Balance as of September 30, 2025		130,097,000	$	1,301	$	96,999	$	(406,565	)	$	(1,309	)	$	(309,574	)

For the three ~~and nine~~ months ended ~~September~~March 3031, ~~2024~~2025 (Unaudited)

	Ordinary shares				Additional paid-in		Accumulated			Accumulated other comprehensive			Shareholders’
	Number		Amount		capital		deficit			(loss)/income			deficit
Balance as of January 1, 2024		130,097,000	$	1,301	$	96,999	$	(292,195	)	$	(1,188	)	$	(195,083	)
Balance as of January 1, 2025		130,097,000	$	1,301	$	96,999	$	(366,416	)	$	(2,538	)	$	(270,654	)
Net profit		-		-		-		30,253			-			30,253
Net loss		-		-		-		(16,528	)		-			(16,528	)
Foreign currency translation adjustment		-		-		-		-			~~(898~~316	)		~~(898~~316	)
Balance as of March 31, 2024		130,097,000	$	1,301	$	96,999	$	(261,942	)	$	(2,086	)	$	(165,728	)
Balance as of March 31, 2025		130,097,000	$	1,301	$	96,999	$	(382,944	)	$	(2,222	)	$	(286,866	)
Net loss		-		-		-		(35,018	)		-			(35,018	)
Foreign currency translation adjustment		-		-		-		-			(272	)		(272	)
Balance as of June 30, 2024		130,097,000	$	1,301	$	96,999	$	(296,960	)	$	(2,358	)	$	(201,018	)
Net loss		-		-		-		(10,816	)		-			(10,816	)
Foreign currency translation adjustment		-		-		-		-			2,675			2,675
Balance as of September 30, 2024		130,097,000	$	1,301	$	96,999	$	(307,776	)	$	317		$	(209,159	)

The accompanying notes are an integral part of these financial statements.

F-3

KB GLOBAL HOLDINGS LIMITED

Unaudited Condensed Consolidated Statements of Cash Flows

	For the nine months ended September 30,
	For the three months ended March 31,
	2025			2024
	2026			2025
	(Unaudited)			(Unaudited)
Cash flows from operations:
Loss from operations	$	(40,149	)	$	(15,581	)
Net loss	$	(37,175	)	$	(16,528	)
Depreciation		51,~~102~~773			51,~~122~~688
Interest income		(1-	)		(~~20,897~~1	)
Changes in operating assets and liabilities:
Account receivables		-			(18,138	)
Other receivables		289			825
Other receivables		(277	)		(904	)
Accruals		(9,727	)		(52,247	)
Accruals		(78,595	)		92,225
Other payables		-			275
Other tax payable		170			-
Net cash used in operations		(44,840	)		(65,988	)
Other payables		-			(7,452	)
Advance from customer		-			(145,103	)
Net cash used in operations		(113,750	)		(110,728	)
Cash flows from investing activities:
Interest received		1-			~~20,897~~1
Repayment from a related party		-			36,097
Repayments received from related parties		24,398			-
Net cash provided by investing activities		124,398			~~56,994~~1
Cash flows from financing activities:
Advances from related parties		~~155~~24,~~096~~718			9165,~~038~~496
Repayment to related parties		(444,~~316~~815	)		-
Net cash provided by financing activities		~~110~~19,~~780~~903			9165,~~038~~496
Effect of exchange rate change on cash and cash equivalents		408			~~1,611~~16
Net (decrease)/increased in cash and cash equivalents		(2,929	)		38,915
Net decrease in cash and cash equivalents		(531	)		(475	)
Cash and cash equivalents, beginning of period		~~3,253~~715			283,~~880~~253
Cash and cash equivalents, end of period	$	~~324~~184		$	672,~~795~~778
Supplemental cash flow disclosure:
Cash paid for interest expense	$	-		$	-
Cash paid for income taxes	$	-		$	-

The accompanying notes are an integral part of these financial statements.

F-4

KB GLOBAL HOLDINGS LIMITED

FOR THE THREE MONTHS ENDED MARCH 31, 2026

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

~~FOR~~Note ~~THE~~1 ~~NINE~~– ~~MONTHS~~Organization ~~ENDED~~and ~~SEPTEMBER 30,~~Business ~~2025 AND 2024~~Description

~~NOTE~~KB 1Global -Holdings ~~Organization~~Limited ~~and~~(the ~~Business~~“Company”) ~~Description~~was incorporated in the Cayman Islands on November 17, 2017 with the authorized capital of 5 billion ordinary shares, par value of $0.00001 per share.

KB Global Holdings Limited (the “Company”) is incorporated in the Cayman Islands on November 17, 2017 with the authorized capital of 5 billion ordinary shares, par value of $0.00001 per share.

On November 20, 2017, Kesheng Global (HK) Limited, or Kesheng HK, was incorporated in Hong Kong as a wholly-owned subsidiary of KB Global Holdings Limited.

On January 18, 2018, Suzhou Keju Enterprise Management Consulting Limited, or Suzhou Keju, our Wholly Foreign-Owned Enterprise (the “WFOE”), was incorporated in Suzhou, PRC, with registered capital of $10 million, as a wholly-owned subsidiary of Kesheng HK.

Beijing Kezhao Technology Co., Ltd. (the “BJKZ”) was incorporated in PRC on August 13, 2018. BJKZ is an information technology company which engaged in information technology development and consulting services.

On November 30, 2018, WFOE entered into an exclusive business cooperation agreement with the shareholders of BJKZ, through which WFOE has gained full control over the management and ~~receive~~receives the economic benefits of BJKZ.

Note 2 -– Summary of Significant Accounting Policies

Basis of Presentation

The ~~unaudited condensed~~ consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”) and reflect the activities of the following subsidiaries and variable interest entity (“VIE”): Kesheng HK, Suzhou Keju, and BJKZ. All inter-company transactions and balances have been eliminated in the consolidation.

In accordance with U.S. GAAP, VIE are generally entities that lack sufficient equity to finance their activities without additional financial support from other parties or whose equity holders lack adequate decision-making ability. All VIEs with which the Company is involved must be evaluated to determine the primary beneficiary of the risks and rewards of the VIE. The primary beneficiary is required to consolidate the VIEs for financial reporting purposes.

Accounting Standards Codification (“ASC”) 810-10 “Consolidation” addresses whether certain types of entities referred to as VIE, such as BJKZ, should be consolidated in a company’s consolidated financial statements. Pursuant to the exclusive business cooperation agreement, WFOE has the exclusive right to provide to BJKZ technical development, technical support, management consultation and other related services on an exclusive basis. In accordance with the provisions of ASC 810, the Company has determined that BJKZ is a VIE of the WFOE, ~~and~~ that the Company is the primary beneficiary, and, accordingly, the financial statements of BJKZ are consolidated into the results of the Company.

The following assets and liabilities of the VIE are included in the accompanying consolidated financial statements of the Company as of ~~September~~March 3031, ~~2025~~2026 and December 31, ~~2024~~2025:

Schedule of assets and liabilities
	September 30, 2025		December 31, 2024
	March 31, 2026		December 31, 2025
	(Unaudited)
Non-current assets	$	2320,~~628~~786	$	2822,~~096~~227
Current assets	$	7533,~~046~~256	$	3257,~~033~~666
Total assets	$	9854,~~674~~042	$	6079,~~129~~893
Current liabilities	$	~~145~~164,~~049~~423	$	80164,~~491~~265
Total liabilities	$	~~145~~164,~~049~~423	$	80164,~~491~~265

F-5

Going Concern

The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As reflected in the consolidated financial statements, the Company incurred a net loss of $37,175 during the three months ended March 31, 2026, generated no revenue during 2026, and as of that date had a working capital deficiency of $439,635 (current liabilities of $462,530 less current assets of $22,895), an accumulated deficit of $515,640, a shareholders’ deficit of $418,849, and cash and cash equivalents of $184. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that these consolidated financial statements are issued.

Management has evaluated these conditions and concluded that its plans, as described below, alleviate the substantial doubt:

(i)

Director Ms. Guo Li has continued to provide financial support to the Company. During the three months ended March 31, 2026, the amount due to Ms. Guo Li increased from $198,977 to $218,615. Ms. Guo Li has confirmed her intention to continue providing financial support to the Company, and to not call for repayment of the amounts due to her, for a period of at least twelve months from the date these consolidated financial statements are issued, to the extent necessary to enable the Company to meet its obligations as they fall due;

(ii)

management is actively pursuing additional software development engagements that are expected to generate operating cash flows in the next twelve months; and

(iii)

the Company will continue to control its operating expenses and to defer non-essential expenditures, including the deferral of executive compensation, until cash flows from operations become positive.

Based on these plans, management believes that the Company will have sufficient resources to meet its obligations as they fall due for at least twelve months from the date these consolidated financial statements are issued. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Use of Estimates

The preparation of the Company’s financial statements in conformity with generally accepted accounting principles of the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Actual results could differ from those estimates.

Foreign Currency Translation

The Company’s financial statements are presented in the U.S. dollar ($), which is the Company’s reporting currency. The Company use Renminbi (“RMB”) as its functional currency. Transactions in foreign currencies are initially recorded at the functional currency rate ruling at the date of transaction. Any differences between the initially recorded amount and the settlement amount are recorded as a gain or loss on foreign currency transaction in the statements of income. Monetary assets and liabilities denominated in foreign currency are translated at the functional currency rate of exchange ruling at the balance sheet date. Any differences are taken to profit or loss as a gain or loss on foreign currency translation in the ~~statement~~statements of ~~operations and comprehensive loss~~income.

In accordance with ASC 830, Foreign Currency Matters, the Company translated the assets and liabilities into U.S. dollar using the rate of exchange prevailing at the applicable balance sheet date and the statements of income and cash flows are translated at an average rate during the reporting period. Adjustments resulting from the translation are recorded in shareholders’ equity as part of accumulated other comprehensive income.

F-6

Fair Value Measurements

ASC Topic 820, Fair Value Measurement and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. This topic also establishes a fair value hierarchy, which requires classification based on observable and unobservable inputs when measuring fair value. Certain current assets and current liabilities are financial instruments. Management believes their carrying amounts are a reasonable estimate of fair value because of the short period of time between the origination of such instruments and their expected realization and, if applicable, their current interest rates are equivalent to interest rates currently available. The three levels of valuation hierarchy are defined as follows:

	●	Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.

	●	Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments.

	●	Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement.

The carrying amounts of financial assets and liabilities, such as balance with related parties approximate their fair values because of the short maturity of these instruments or the rate of interest of these instruments approximate the market rate of interest.

Cash and Cash Equivalents

Cash and cash equivalents represent cash on hand, demand deposits, and other short-term highly liquid investments placed with banks, which have original maturities of three months or less and are readily convertible to known amounts of cash.

F-6

Computer equipment

Computer equipment is stated at cost less accumulated depreciation and impairment losses. Depreciation is provided using the straight-line method based on the estimated useful life. The estimated useful life of computer equipment is 5 years.

Revenue Recognition

The Company recognizes revenue in accordance with Accounting Standards Codification (ASC) Topic 606 –— Revenue from Contracts with Customers. Revenue is recognized when control of the promised service is transferred to the customer in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services.

The Company generates revenue exclusively from software development services, which involve the design, development, and delivery of customized software solutions based on customer specifications. Each contract typically includes a single performance obligation — the delivery of the completed software solution. Revenue is recognized at a point in time, upon customer acceptance or delivery of the completed software, whichever occurs later. This reflects the point at which the customer obtains control of the software and the Company has fulfilled its performance obligation.

F-7

Income Tax

The Company uses the asset and liability method of accounting for income taxes in accordance with Accounting Standards Codification (“ASC”) 740, “Income Taxes” (“ASC 740”). Under this method, income tax expense is recognized as the amount of: (i) taxes payable or refundable for the current year and (ii) future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of available evidence it is more likely than not that some portion or all of the deferred tax assets will not be realized.

Accounts Receivable and Allowance for Credit Losses

Accounts receivable are recorded at the invoiced amount, net of an allowance for expected credit losses. The Company adopted ASC 326, Financial Instruments — Credit Losses, and applies the current expected credit loss (“CECL”) model to its accounts receivable. The Company estimates expected credit losses based on a combination of historical loss experience, current conditions, and reasonable and supportable forecasts of future economic conditions, including the financial condition and creditworthiness of the counterparty. Accounts receivable are written off when the Company concludes that all reasonable collection efforts have been exhausted and the receivable is no longer considered recoverable.

Recent Accounting Pronouncements

InRecent ~~November 2023, the Financial~~ Accounting ~~Standards Board (FASB) issued ASU 2023-07~~Pronouncements, “Segment Reporting - Improvements to Reportable Segment Disclosures,” which is intended to improve reportable segment disclosures. The ASU expands public entities’ segment disclosures by requiring disclosure of significant segment expenses that are regularly provided to the chief operating decision maker and included within each reported measure of segment profit or loss. It also requires disclosure of the amount and description of the composition of other segment items and interim disclosures of a reportable segment’s profit or loss and assets. The standard is effective for the Company’s annual periods beginning in fiscal 2025 and interim periods beginning in the first quarter of fiscal 2026 on a retrospective basis to all periods presented. This standard will not ~~impact~~yet ~~the Company’s disclosures or its consolidated financial statements because the Company operates in only one segment.~~adopted

InASU ~~December~~ 2023-09, ~~the~~Income ~~FASB~~Taxes ~~issued~~ (“ASU 2023-09”), ~~“Income~~ ~~Taxes - Improvements to Income Tax Disclosures,” which~~ requires disclosure of ~~disaggregated~~specific ~~income taxes paid, prescribes standard~~ categories ~~for~~and ~~the~~disaggregation ~~components~~ of ~~the~~information ~~effective~~in ~~tax~~the rate reconciliation table and ~~modifies~~expands ~~other~~disclosures ~~income~~related ~~tax~~to ~~related~~income ~~disclosures~~taxes paid. The ~~guidance~~ new standard is effective for ~~the~~fiscal ~~Company~~years beginning ~~October~~after 1December 15, ~~2025,~~2024 ~~with~~and ~~early~~is ~~adoption~~to ~~permitted~~be applied prospectively. The Company is currently evaluating the impact, ofif ~~this~~any, ~~guidance~~adoption will have on its consolidated financial statements and ~~related~~ disclosures.

InASU ~~November~~ 2024-02, Codification Improvements-Amendments to Remove References to the ~~FASB~~Concepts ~~issued~~Statements (“ASU 2024-~~03, “Income~~02”) ~~Statement~~updates -accounting ~~Reporting~~standards ~~Comprehensive~~for ~~Income~~revenue -recognition ~~Expense~~(ASC ~~Disaggregation Disclosures~~606),” ~~which~~lease ~~requires~~accounting ~~disclosure~~(ASC 842), and impairment of ~~certain costs~~long-lived ~~and~~assets ~~expenses~~(ASC on360). anASU ~~interim~~2024-02 ~~and~~provides ~~annual~~enhanced ~~basis~~guidance infor ~~the~~estimating ~~notes~~variable toconsideration, ~~the~~accounting ~~financial~~for ~~statements.~~contract ~~The~~modifications, ~~standard~~determining islease ~~effective~~terms, and simplifying impairment testing for ~~the~~long-lived ~~Company’s annual~~assets. ~~periods~~It ~~beginning~~also inintroduces ~~fiscal~~increased ~~2028~~disclosure ~~and~~requirements ~~interim~~for ~~periods~~financial ~~beginning~~instruments inand ~~the~~derivatives. ~~first~~ASU ~~quarter~~2024-02 ofis effective for fiscal ~~2029~~years beginning after December 15, 2024, with early adoption permitted. The Company is currently evaluating the impact, if any, adoption will have on its consolidated financial statements and disclosures.

FASU 2024-703, Disaggregation of Income Statement Expenses (“ASU 2024-03”), requires public companies to disaggregate key expense categories, such as inventory purchases, employee compensation and depreciation in their financial statements. This aims to improve investor insight into company performance. ASU 2024-03 is effective for fiscal years beginning after December 15, 2024, and interim periods within fiscal years beginning after December 15, 2025, with early adoption permitted. The Company is currently evaluating the impact, if any, adoption will have on its consolidated financial statements and disclosures.

~~Note~~The 3Company -has ~~Revenue~~evaluated other new accounting standards issued by the FASB and SEC that are not yet effective. Management does not expect these standards to have a material impact on the consolidated financial statements upon adoption.

~~The following tables are the details of revenue:~~F-8

Schedule of revenue
	For the three months ended September 30,				For the nine months ended September 30,
	2025		2024		2025		2024
Software development service – related party	$	-	$	-	$	-	$	180,028
	$	-	$	-	$	-	$	180,028

Recently Adopted Accounting Pronouncements

~~Note~~ASU 42023-07, Segment Reporting — Improvements to Reportable Segment Disclosures (“ASU 2023-07”), ~~Net~~requires ~~Loss~~enhanced ~~per~~disclosures ~~Ordinary~~related ~~Share~~to significant segment expenses and a description of how the chief operating decision maker utilizes segment operating profit or loss to allocate resources and assess segment performance for all public entities. Additionally, the standard requires disclosures of significant segment expenses and other segment items as well as incremental qualitative disclosures.

The Company adopted ASU 2023-07 effective December 31, 2025, on a retrospective basis. For additional information, refer to Note 10: Segment Reporting.

Note 3 – Net Loss per Ordinary Share

The following table sets forth the computation of basic and diluted net loss per ordinary share for the period indicated:

Schedule of basic and diluted net loss per ordinary share
	For the three months ended September 30,						For the nine months ended September 30,
	For the three months ended March 31,
	2025			2024			2025			2024
	2026			2025
Net loss attributable to the Company,basic and diluted shares	$	(12,059	)	$	(10,816)		$	(40,149	)	$	(15,581	)
Net loss attributable to the Company, basic and diluted shares	$	(37,175	)	$	(16,528	)
Weighted average ordinary shares used in computing basic and diluted net loss per share		130,097,000			130,097,000			~~130,097,000~~			~~130,097,000~~
Net loss per ordinary share, basic and diluted	$	(0.00	)	$	(0.00	)		~~(0.00~~	)		~~(0.00~~	)

There were no dilutive securities for the three ~~and nine~~ months ended ~~September~~March 3031, ~~2025~~2026 and ~~2024~~2025.

Note 54 -– Income Tax

BJKZ is incorporated in the PRC. It is governed by the income tax law of the PRC and is subject to PRC enterprise income tax (“EIT”). The EIT rate for companies operating in the PRC is 25%.

The Company’s effective income tax rates were 0% for the ~~nine~~ three months ended ~~September~~March 3031, ~~2025~~2026 and ~~2024~~2025 because of accumulated tax losses brought forward. The applicable rates of income taxes are as follows:

Schedule of effective rates of income taxes
	For the three months ended September 30,						For the nine months ended September 30,
	For the three months ended March 31,
	2025			2024			2025			2024
	2026			2025
U.S. statutory rate		21.0	%		21.0	%		~~21.0~~	%		~~21.0~~	%
Foreign income not registered in the U.S.		(21.0	)%		(21.0	)%		~~(21.0~~	)%		~~(21.0~~	)%
PRC statutory rate		25.0	%		25.0	%		~~25.0~~	%		~~25.0~~	%
Changes in valuation allowance and others		(25.0	)%		(25.0	)%		~~(25.0~~	)%		~~(25.0~~	)%
Effective tax rate		0	%		0	%		0	%		0	%

F-89

~~The~~Income ~~Company~~tax ~~has~~payable ~~not~~represented ~~recognized~~enterprise an income tax ~~benefit~~at ~~for~~a ~~its~~rate ~~operating~~of ~~losses~~25% ~~generated~~of ~~based on uncertainties concerning its ability to generate~~ taxable income inthat ~~future periods. The tax benefit for~~ the ~~periods~~Company ~~presented~~accrued isbut ~~offset~~not bypaid. aIncome ~~valuation allowance established against deferred~~ tax ~~assets~~expense ~~arising~~for ~~from~~ the ~~net~~three ~~operating~~months ~~losses~~ended ~~and other temporary differences~~March 31, ~~the~~2026 ~~realization of which could not be considered more likely than not. In future periods, tax benefits~~ and ~~related~~2025 deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. A valuation allowance will be maintained until sufficient positive evidence exists to support the reversal of any portion or all of the valuation allowance.comprises:

Schedule of deferred tax asset
Schedule of income tax expense
	September 30, 2025			December 31, 2024
	For the three months ended March 31,
	(Unaudited)			(Unaudited)
	2026			2025
Deferred tax asset from operating losses carry-forwards	$	10,037		$	18,555
Current income tax expense		-			-
Valuation allowance		(10,037	)		(18,555	)
Deferred tax expense (benefit)		-			-
Deferred tax asset, net	$	-		$	-
Income tax expense		-			-

~~Note~~The 6Company -has ~~Computer~~not ~~Equipment~~recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. A valuation allowance will be maintained until sufficient positive evidence exists to support the reversal of any portion or all of the valuation allowance:

Schedule of deferred tax asset
	March 31, 2026			December 31, 2025
	(Unaudited)			(Unaudited)
Deferred tax asset from operating losses carry-forwards	$	9,294		$	28,012
Valuation allowance		(9,294	)		(28,012	)
Deferred tax asset, net	$	-		$	-

Note 5 – Computer Equipment

The property and equipment consisted of the following:

Schedule of property and equipment
	September 30, 2025			December 31, 2024
	March 31, 2026			December 31, 2025
	(Unaudited)
At cost	$	3637,~~304~~395		$	3536,~~415~~841
Less: accumulated depreciation		(1216,~~676~~609	)		(714,~~319~~614	)
Property and Equipment	$	2320,~~628~~786		$	2822,~~096~~227

No significant residual value is estimated for the equipment. Depreciation expense for the three months ended ~~September~~March 3031, ~~2025~~2026 and ~~2024~~2025 totaled $1,~~716~~ 773 and $1,~~715. Depreciation expense for the nine months ended September 30~~688, ~~2025 and 2024 totaled $5,102 and $5,122~~respectively.

~~Note 7~~ F- ~~Accruals and Other Payables~~10

Note 6 – Accruals and Other Payables

Accruals and other payables consisted of the following:

Schedule of accruals and other payables
	September 30, 2025		December 31, 2024
	March 31, 2026		December 31, 2025
	(Unaudited)
Accrued audit fee	$	522,~~000~~500	$	5035,000
Executive compensation		~~213~~211,~~327~~056		~~244~~214,~~565~~533
Other		369		369
Professional fee		7,485		-
	$	218,696	$	294,934
Other		365		365
	$	241,406	$	249,898

~~F-9~~Note 7 – Related Party Transactions and Balances

Note 8 - Related Party Transactions and Balances

Related party

Schedule of related party
Name of related party		Relationship with the Company
Suzhou Kesheng Investment Management Co., Ltd.		Ms. Guo Li is common director
Guo Li		Ms. Guo Li is the director of the Company
Beijing Cabelongteng		The controlling party of this entity is also a shareholder of the Company
Shenzhen Jiecheng Enterprise Management Consulting Co., Ltd (“Jiecheng”)		Mr. Hu Ziyong, the Company’s Chief Financial Officer holds a 60% ownership interest in Jiecheng
Sichuan Chuanghe Culture Media Co., Ltd (“Chuanghe”)		Mr. Hu Ziyong, the Company’s Chief Financial Officer serves as supervisor of Chuanghe

Related Party Transactions

During the year ended December 31, 2025, the Company made advances totalling $20,252 to Shenzhen Jiecheng Enterprise Management Consulting Co., Ltd (“Jiecheng”), and advances totalling $26,038 to Sichuan Chuanghe Culture Media Co., Ltd (“Chuanghe”). The advances are unsecured, non-interest bearing, repayable on demand, and are intended to support the working capital requirements of the respective related parties. No ~~revenue~~interest income, expense, or other income statement effect was ~~recognized~~recognised ~~for~~in respect of these advances during the ~~nine~~year. ~~months~~As ~~ended~~of ~~September~~March 3031, ~~2025~~2026, repayments totalling $24,447 had been received, and the remaining balances are presented within “Amounts due from related parties” on the consolidated balance sheet.

During the nine months ended September 30, 2024, the Company provided software development services to Beijing Cabelongteng Investment Center (Limited Partnership), a related party, and recognized revenue of $180,028.F-11

Related party balances

The Company had the following related party balances at ~~September~~March 3031, ~~2025~~2026 and December 31, ~~2024~~2025:

Schedule of related party balances
	September 30, 2025			December 31, 2024
	March 31, 2026			December 31, 2025
	(Unaudited)
Due from/(to) related parties:
Shenzhen Jiecheng Enterprise Management Consulting Co., Ltd		255,~~278~~208			-19,952
Sichuan Chuanghe Culture Media Co., Ltd		1916,~~661~~635			-25,652
Guo Li		(~~176~~218,~~887~~615	)		(23198,~~661~~977	)

The amounts due ~~from/(~~to) related parties are without interest and due on demand.

Note 98 -– Commitments and Contingencies

During 2024 and 2025, the Company entered into several short-term operating lease agreements for office space in China. These leases are each for a term of one year or less and are therefore not recognized on the balance sheet in accordance with the short-term lease exemption under ASC 842.

● In July 2024, the Company leased approximately 8 square meters of office space, commencing July 14, 2024, and expiring July 3, 2025, with monthly lease payments of approximately $9296. This lease was renewed on July 3, 2025, for an additional term expiring July 3, 2026, with the same monthly payments.

● In August 2024, the Company commenced another lease expiring July 31, 2025, with monthly payments of approximately $~~277~~289. This lease was renewed in July 2025 for an additional term expiring October 31, 2025, with the same monthly payments. This lease was renewed in October 2025 for an additional term expiring February 28, 2026, with the same monthly payments. This lease was renewed in March 2026 for an additional term expiring June 30, 2026, with the same monthly payments.

● In November 2024, the Company entered into a lease expiring October 31, 2025, with monthly payments of approximately $~~346~~361. This lease was renewed in October 2025 for an additional term expiring October 30, 2026, with the same monthly payments.

FThe Company recognizes lease expense on a straight-10line basis over the lease term. For the three months ended March 31, 2026 and 2025, total lease expenses were $2,238 and $2,131, respectively.

The Company recognizes lease expense on a straight-line basis over the lease term. For the nine months ended September 30, 2025 and 2024, total lease expenses were $6,440 and $3,059, respectively.

As of September 30, 2025, the Company’s remaining minimum lease payments under these short-term leases (including renewals) total approximately $1,454 through July 2026 (primarily in 2026).

Legal proceedings

There ~~was~~has been no legal proceeding in which the Company ~~was~~ is a party as of ~~September~~March 3031, ~~2025~~2026.

Note 109 -– ~~Segment~~Ordinary ~~Reporting~~Shares

In January and February 2023, the Company sold 97,000 ordinary shares at a purchase price of $1.00 per share.

F-12

Note 10 – Segment Reporting

The Company operates as one operating segment, providing information technology (IT) development and consulting services to a broad range of clients across various industries. The Company’s primary revenue streams include custom software development, IT consulting, and system integration services. These services collectively account for approximately 100% of the Company’s revenue.

The Company’s Chief Operating Decision Maker (CODM) is its Chief Executive Officer (CEO), who evaluates financial performance and allocates resources based on information presented on a consolidated basis. The CODM uses consolidated net income as the primary measure of financial performance and assesses results by comparing actual performance to historical trends and internal forecasts. The categories of significant segment expenses regularly provided to the CODM and included in the measure of segment loss are set out in the table below.

~~Note~~The 11following -table ~~Subsequent~~presents ~~Event~~selected financial information with respect to the Company’s single operating segment for the three months ended March 31, 2026 and 2025:

Management has evaluated subsequent events through the date which the consolidated financial statements were available to be issued. There are no subsequent events that require disclosure in accordance with FASB ASC Topic 855, “Subsequent Events.”

Schedule of operating segment
	For the three months ended March 31,
	2026			2025
Revenue	$	-		$	-
Cost of sales		-			-
Gross profit		-			-
Operating expenses:
Depreciation		1,773			1,688
Office expense		2,238			2,131
Professional fee		12,485			5,000
Staff costs		19,894			7,717
Other operating expenses		785			2
Total operating expenses		(37,175	)		(16,538	)
Loss from operations		(37,175	)		(16,538	)
Other income		-			10
Loss before income tax		(37,175	)		(16,528	)
Income tax expense		-			-
Net loss	$	(37,175	)	$	(16,528	)

F-Note 11 – Subsequent Event

There were no events or transactions that would require recognition or disclosure in financial statements for the three months ended March 31, 2026.

F-13

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

You should read the following discussion and analysis of our financial condition and results of operations in conjunction with our unaudited consolidated financial statements and the related notes included elsewhere in this quarterly report. This discussion contains forward-looking statements that involve risks and uncertainties. Our actual results and the timing of selected events could differ materially from those anticipated in these forward-looking statements as a result of various factors, including those set forth under “Risk Factors” and elsewhere in this filing.

Overview

KB Global Holdings Limited (“Company”) is a high-tech driven management company in China. We aspire to become one of the most trusted brands among the Chinese business community. To achieve this goal, we intend to leverage on our existing strengths and pursue the following strategies:

●

Achieve greater synergy between investment and industry;

●

Continue product innovation to enhance our value proposition for our clients;

●

Further grow our client base and increase our market penetration nationwide;

●

Broaden our individual and corporate client base; and

●

Enhance our IT infrastructure and proprietary database.

Results of Operations

The following table sets forth a summary of our consolidated results of operations for the Three ~~and Nine~~ Months Ended ~~September 30~~March 31, ~~2025~~2026 and ~~2024~~2025. This information should be read together with our unaudited consolidated financial statements and related notes included elsewhere in this report. The results of operations in any period are not necessarily indicative of our future trends.

	For thethree months endedMarch 31,
	For the three months ended September 30,						For the nine months ended September 30,
	2025			2024			2025			2024
	2026			2025
	(Unaudited)			(Unaudited)			~~(Unaudited)~~			~~(Unaudited)~~
Revenue
Software development service – related party	$	-		$	-		$	-		$	~~180,028~~
Cost of sales		-			-			-			~~(149,601~~	)
Gross profit		-			-			-			~~30,427~~
Operating expenses		(1237,~~059~~175	)		(1716,~~546~~538	)		~~(40,159~~	)		~~(68,990~~	)
Loss from operations		(1237,~~059~~175	)		(1716,~~546~~538	)		~~(40,159~~	)		~~(38,563~~	)
Other income		-			~~6,730~~10			10			~~22,982~~
Loss before income tax		(1237,~~059~~175	)		(1016,~~816~~528	)		~~(40,149~~	)		~~(15,581~~	)
Income tax expense		-			-			-			-
Net loss	$	(1237,~~059~~175	)	$	(1016,~~816~~528	)	$	~~(40,149~~	)	$	~~(15,581~~	)
Other comprehensive income
Other comprehensive (loss)/income
Foreign currency translation adjustments		~~257~~(14	)		~~2,675~~(316	)		~~1,229~~			~~1,505~~
Comprehensive loss	$	(1137,~~802~~189	)	$	(816,~~141~~212	)	$	~~(38,920~~	)	$	~~(14,076~~	)
Basic and diluted loss per ordinary share	$	(0.00	)	$	(0.00	)	$	~~(0.00~~	)	$	~~(0.00~~	)
Basic and diluted weighted average ordinary shares outstanding		130,097,000			130,097,000			130,097,000			130,097,000
Basic and diluted weighted average ordinary share outstanding		130,097,000			130,097,000

Revenue

For the three ~~and nine~~ months ended ~~September 30~~March 31, ~~2025~~2026, the Company’s revenue was $0. During the nine months ended September 30, 2024, the Company sold an enterprise software system to a related party and realized $180,028 in revenue.The Company incurred costs totaling $149,601 in connection with the sale, and accordingly reported gross profit of $30,427 on the sale.

Operating expenses

Operating expenses consisted primarily of fees paid to employees and an audit fee.

Net loss

Due to the above reasons, we realized a net loss of $1237,~~059~~175 during the three months ended ~~September 30~~March 31, ~~2025~~2026. ~~and~~In ~~$10,816 for~~ the ~~three~~first ~~months~~quarter ~~ended~~of ~~September 30~~2025, ~~2024~~we We realized a net loss of $4016,~~149 during the nine months ended September 30, 2025 and $15,581 for the nine months ended September 30, 2024~~528.

Taxation

Our company, our subsidiaries, and our consolidated VIE file tax returns separately.

1)	Value added tax (“VAT”)

Pursuant to the Provisional Regulation of the PRC on VAT and the related implementing rules, all entities and individuals (“taxpayers”) that are engaged in the modern service industry in the PRC are generally required to pay VAT at a rate of 6% of the gross sales proceeds received, less any deductible VAT already paid or borne by the taxpayers. Our PRC subsidiary and our consolidated VIE are subject to VAT at 6% of their revenues.

2)	Income tax

Cayman Islands

The Cayman Islands currently levies no taxes on the Company based upon profits, income, gains or appreciation. In addition, payments of dividends that we may in the future make to our shareholders will not be subject to withholding tax in the Cayman Islands.

Hong Kong

Kesheng HK, which was incorporated in Hong Kong, is subject to a corporate income tax rate of 16.5%.

PRC

Our subsidiary and the consolidated VIE established in the PRC are subject to the PRC statutory income tax rate of 25%, according to the PRC Enterprise Income Tax (“EIT”) law.

The current PRC Enterprise Income Tax Law imposes a 10% withholding income tax for dividends distributed by foreign invested enterprises to their immediate holding companies outside the PRC. A lower withholding tax rate will be applied if there is a tax treaty arrangement between the PRC and the jurisdiction of the foreign holding company. Distributions to holding companies in Hong Kong that satisfy certain requirements specified by PRC tax authorities, for example, will be subject to a 5% withholding tax rate.

Liquidity and Capital Resources

To date we have realized revenue from one sale only: an enterprise software package that we sold in the first quarter of 2024 to a single customer. We will not be able to generate significant additional sales until we obtain sufficient working capital to enable us to market our services broadly. At ~~September 30~~March 31, ~~2025~~2026, we had only $6422,~~988~~895 in current assets and had current liabilities including accrued payables totaling $~~398~~462,~~190~~530 including a $~~176~~218,~~887~~615 debt to a related party. The debt of $~~176~~218,~~887~~615 is owed to our CEO; we do not expect her to require payment in the near term.

Critical Accounting Policies

The preparation of our consolidated financial statements in accordance with GAAP requires our management to make estimates and judgments that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities, and reported amounts of fees, expenses and investment income. Our management bases these estimates and judgments on available information, historical experience and other assumptions that we believe are reasonable under the circumstances. However, these estimates, judgments and assumptions are often subjective and may be impacted negatively based on changing circumstances or changes in our analyses. If actual amounts are ultimately different from those estimated, judged or assumed, revisions are included in the consolidated financial statements in the period in which the actual amounts become known. We believe our critical accounting policies could potentially produce materially different results if we were to change underlying estimates, judgments or assumptions.

In connection with the preparation of our financial statements for the ~~nine~~three months ended ~~September 30~~March 31, ~~2025~~2026, there was no accounting estimate we made that were subject to a high degree of uncertainty and was critical to our results.

Internal Control over Financial Reporting

Evaluation of Disclosure Controls and Procedures

Our management maintains disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), that are designed to provide reasonable assurance that the material information required to be disclosed by us in our periodic reports filed or submitted under the Exchange Act are processed, summarized, and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.

Under the supervision and with the participation of our management team, including our Chief Executive Officer and Chief Financial Officer, we conducted an evaluation of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) and 15d-15(e) promulgated under the Securities Exchange Act of 1934, as amended, as of ~~September~~March 3031, ~~2025~~2026. Based on this evaluation, we concluded that our disclosure controls and procedures have the following material weaknesses:

●

The relatively small number of employees who are responsible for accounting functions prevents us from segregating duties within our internal control system.

●

Our internal financial staff lack expertise in identifying and addressing complex accounting issues under U.S. Generally Accepted Accounting Principles.

●

Our Chief Financial Officer is not familiar with the accounting and reporting requirements of a U.S. public company.

●

We have not developed sufficient documentation concerning our existing financial processes, risk assessment and internal controls.

Based on their evaluation, our Chief Executive Officer and Chief Financial Officer concluded that the Company’s system of disclosure controls and procedures ~~were~~was not effective as of ~~September 30~~March 31, ~~2025~~2026 for the purposes described in this paragraph.

Changes in Internal Control over Financial Reporting

No changes in the Company’s internal control over financial reporting came to management’s attention during the quarter ended ~~September~~March 3031, ~~2025~~2026 that have materially affected, or are likely to materially affect, the Company’s internal control over financial reporting.

Quantitative and Qualitative Disclosure about Market Risk

Not applicable.

PART II: OTHER INFORMATION

ITEM 1 – LEGAL PROCEEDINGS

None.

ITEM 1A – RISK FACTORS

As a smaller reporting company, we are not required to provide a statement of risk factors.

ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

There were no unregistered sales of equity securities during the ~~third~~first quarter of ~~2025~~2026 that have not been previously reported.

The Company did not repurchase any of its equity securities that were registered under Section 12 of the Securities Exchange Act during the ~~third~~first quarter of fiscal year ~~2025~~2026.

ITEM 3 – DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4 – MINE SAFETY DISCLOSURES

Not applicable.

ITEM 5 – OTHER INFORMATION

During the quarter ended ~~September~~March 3031, ~~2025~~2026, no director or officer adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement, as each term is defined in Item 408(a) of Regulation S-K.

ITEM 6 – EXHIBITS

Exhibit No.		Description
31.1		Certification of Principal Executive Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2		Certification of Principal Financial Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1		Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2		Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS		Inline XBRL Instance Document.
101.SCH		Inline XBRL Taxonomy Extension Schema Document.
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document.
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document.
104		Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: October 31, 2025	KB Global Holdings Limited
Date: July 2, 2026	KB Global Holdings Limited
	By:	/s/ Li Guo
	Name:	Li Guo
	Title:	Chief Executive Officer (Principal Executive Officer)
	By:	/s/ Ziyong Hu
	Name:	Ziyong Hu
	Title:	Chief Financial Officer (Principal Financial and Accounting Officer)

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