M&A
confidence high
sentiment neutral
materiality 0.75
Keemo Fashion acquired by Addentax for $5.5M in bond transfer; Addentax gets 62.18% control
KEEMO Fashion Group Ltd
- Stock Purchase Agreement signed Feb 17, 2026, for 34.2M shares (62.18% voting rights) at $5.5M.
- Purchase price satisfied by transferring portion of a $17.5M bond with 2.5% interest to seller.
- Closing expected by May 1, 2026; Addentax Group Corp. becomes controlling shareholder.
- Filing is an amendment to correct a typographical error in seller's name; no other changes.