secwatch.observer — SEC 8-K summary
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Issuer:     ADDENTAX GROUP CORP. (ATXG)
CIK:        0001650101
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001493152-23-022996
Event type: other
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Addentax Group Corp. effectuates 1-for-10 reverse stock split effective June 30, 2023
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- Reverse stock split at 1-for-10 ratio reduces outstanding shares from 37,395,420 to 3,739,542.
- Effective at market open on June 30, 2023; trading on Nasdaq Capital Market on split-adjusted basis with new CUSIP 00653L301.
- No fractional shares issued; fractional entitlements rounded up to one whole share.
- Company cautions post-split price may not maintain tenfold increase or remain above pre-split level.
- Board authorized split on June 8, 2023; Certificate of Amendment filed with Nevada Secretary of State.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650101/000149315223022996/0001493152-23-022996-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650101/000149315223022996/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-022996

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