---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-015872"
form_type: "8-K"
ticker: "ATXG"
cik: "0001650101"
company_name: "ADDENTAX GROUP CORP."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:03:23.586996+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Addentax receives Nasdaq notice for bid price below $1.00; 180-day cure period

## Summary
- Nasdaq notification on April 24, 2024, due to bid price below $1.00 for 30 consecutive business days.
- Company has 180 days, until October 21, 2024, to regain compliance; trading continues under ATXG.
- If not compliant by Oct 21, may request additional 180-day period and consider reverse stock split.
- To qualify for second grace period, must meet all other initial listing standards for Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001493152-24-015872
- form_type: 8-K
- ticker: ATXG
- cik: 0001650101
- company_name: ADDENTAX GROUP CORP.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650101/000149315224015872/0001493152-24-015872-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650101/000149315224015872/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-015872
- JSON: https://secwatch.observer/filing/0001493152-24-015872.json
- Plain text: https://secwatch.observer/filing/0001493152-24-015872.txt

## Key facts
- Listing & Compliance Notices
  ADDENTAX GROUP CORP. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: April 24, 2024, from the Listings Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share of its ordinary shares was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”). The Nasdaq notification letter does not result in the immediate delisting of the Company’s ordinary shares, and the shares will continue to trade uninterrupted under the symbol “ATXG.” Pursuant to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650101/000149315224015872/0001493152-24-015872-index.htm

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