---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-001135"
form_type: "8-K"
ticker: "ATXG"
cik: "0001650101"
company_name: "ADDENTAX GROUP CORP."
filed_at: "2023-01-11T23:59:59+00:00"
generated_at: "2026-06-20T16:34:44.812014+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Addentax Group amends Securities Purchase Agreement to increase authorized shares to 250M

## Summary
- Amendment increases authorized shares from 150M to 250M; original deal had $16.67M convertible notes and warrants.
- Stockholder meeting required within 90 days of closing to approve share increase, reverse split (1:2 to 1:100), and security issuance.
- If stockholder approval not obtained by deadline, additional meetings must be held semi-annually until approved.
- Company must file Form 8-K disclosing all material terms by 9:30 a.m. on next trading day.

## SEC filing metadata
- accession: 0001493152-23-001135
- form_type: 8-K
- ticker: ATXG
- cik: 0001650101
- company_name: ADDENTAX GROUP CORP.
- filed_at: 2023-01-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650101/000149315223001135/0001493152-23-001135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650101/000149315223001135/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-001135
- JSON: https://secwatch.observer/filing/0001493152-23-001135.json
- Plain text: https://secwatch.observer/filing/0001493152-23-001135.txt

## Key facts
- Material Agreements
  ADDENTAX GROUP CORP. entered into Securities Purchase Agreement with certain accredited investors valued at $$16,666,666.66 (effective 2023-01-04).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain accredited investors
  - Value: $$16,666,666.66
  - Effective: 2023-01-04
  source text: On January 4, 2023, Addentax Group Corp. (the “Company”) entered into a Securities Purchase Agreement (the “Original Purchase Agreement”) with certain accredited investors identified therein (the “Investors”) relating to a private placement by the Company of (1) senior secured convertible notes in the aggregate principal amount of $$16,666,666.66
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650101/000149315223001135/0001493152-23-001135-index.htm
- Material Agreements
  ADDENTAX GROUP CORP. amended Amendment with certain accredited investors (effective 2023-01-10).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: certain accredited investors
  - Effective: 2023-01-10
  source text: On January 10, 2023, the Company entered into an amendment (the “Amendment”, and the Original Purchase Agreement, as amended, the “Purchase Agreement”) to the Original Purchase Agreement with each Investor in accordance with the terms of the Original Purchase Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650101/000149315223001135/0001493152-23-001135-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.