Addentax Group Corp. Private Placement Agreement
2026-09-14SEC Filing 8-K (0001493152-26-042467)
Addentax Group Corp. entered into private placement agreements on September 9, 2026, to issue and sell 520,834 shares of its common stock at $4.80 per share, for aggregate gross proceeds of approximately $2.5 million. The company plans to use these proceeds for general corporate purposes, including working capital and potential strategic investments. The shares are being issued in reliance on Regulation S, exempting them from registration under the Securities Act of 1933. The agreement includes customary representations, warranties, and covenants from both the company and the investors. The closing of the private placement is contingent upon the satisfaction or waiver of standard closing conditions.
Ticker mentioned:ATXG
Source:Original SEC Document â