ADDENTAX GROUP CORP. 8-K

What Happened

• On July 28, 2026, Addentax Group Corp. (ATXG) entered into a Private Placement Agreement with Pinnacle Partners Inc. (a British Virgin Islands company) to sell 250,000 shares of common stock at $4.80 per share for aggregate gross proceeds of approximately $1.2 million. The company filed an 8-K on July 29, 2026 announcing the agreement.
• The closing is subject to customary conditions. The Shares are expected to be issued relying on the Regulation S exemption from registration under the Securities Act; they have not been registered and may not be offered or sold in the United States absent registration or an applicable exemption.

Key Details

• Purchase: 250,000 shares of common stock at $4.80 per share.
• Gross proceeds: approximately $1.2 million.
• Investor: Pinnacle Partners Inc. (British Virgin Islands).
• Regulatory status: Shares expected to be issued under Regulation S; unregistered for U.S. resale. Private Placement Agreement filed as Exhibit 10.1.

Why It Matters

• The deal, if it closes, would provide Addentax with roughly $1.2M in additional capital, which affects the company’s cash position.
• Because the shares are unregistered and issued under Regulation S, they are intended for non‑U.S. investors and carry resale restrictions in the U.S.
• The financing will dilute existing shareholders once the shares are issued; the filing makes clear the transaction is subject to closing conditions and is not yet complete.