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8-K2026-04-28· glm-5

ATXG · Addentax Group Corp.

0001493152-26-019345

SEC filing

Summary

On April 22, 2026, Addentax Group Corp. entered a share exchange agreement to acquire 100% of Time Is Loan Limited for 137,790 shares of common stock.

Key takeaways

Full analysis

Addentax Group Corp., through its Hong Kong subsidiary Yingxi Industrial Chain Investment Co., Ltd, has entered into a definitive agreement to acquire Time Is Loan Limited, a Hong Kong incorporated entity. The acquisition is structured as a share exchange where the Company will issue 137,790 shares of its common stock to the sole shareholder, Ms. OR Shan Shan, in exchange for 100% equity interest in the Target. The transaction price was determined via arms' length negotiations supported by an independent valuation report from Valtech Valuation Advisory Limited. The transaction received board approval on April 22, 2026. Closing remains subject to standard conditions, including the filing of a Nasdaq Listing of Additional Shares Notification form. The securities issuance relies on the Regulation S safe harbor for offshore transactions, as the Seller is not a U.S. person.