---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-016879"
form_type: "8-K"
ticker: "ATXG"
cik: "0001650101"
company_name: "ADDENTAX GROUP CORP."
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:36:10.049249+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Addentax raises $646,800 via private placement of 660,000 common shares at $0.98/share

## Summary
- Entered private placement agreements with independent investors Chai Hua and Liu Lu on April 29, 2024.
- Issued 660,000 unregistered common shares (330,000 each) at $0.98 per share.
- Aggregate gross proceeds of $646,800 from the two placements.
- Shares sold under Section 4(a)(2) exemption from registration.

## SEC filing metadata
- accession: 0001493152-24-016879
- form_type: 8-K
- ticker: ATXG
- cik: 0001650101
- company_name: ADDENTAX GROUP CORP.
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650101/000149315224016879/0001493152-24-016879-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650101/000149315224016879/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-016879
- JSON: https://secwatch.observer/filing/0001493152-24-016879.json
- Plain text: https://secwatch.observer/filing/0001493152-24-016879.txt

## Key facts
- Material Agreements
  ADDENTAX GROUP CORP. entered into Private Placement Agreements with certain individual investors valued at $646,800 (effective 2024-04-29).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain individual investors
  - Value: $646,800
  - Effective: 2024-04-29
  source text: On April 29, 2024, Addentax Group Corp., a Nevada corporation (the “Company”) entered into two Private Placement Agreements (the “Agreement”) with certain individual investors (the “Investors”) who are independent third parties, pursuant to which the Company issued to each of the investor 330,000 shares of its common stock, par value $0.001 per share, at a price of $0.98 per share (the “Common Stock”), resulting in aggregate gross proceeds to the Company of $646,800, which closed on the same day.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650101/000149315224016879/0001493152-24-016879-index.htm

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