M&A
confidence high
sentiment neutral
materiality 0.60
Addentax Group to acquire Time Is Loan Ltd via share exchange for 137,790 shares
ADDENTAX GROUP CORP.
- Acquires 100% of Time Is Loan Limited, a Hong Kong company, from sole shareholder Ms. OR Shan Shan.
- Consideration consists of 137,790 shares of Addentax common stock, exempt from registration under Regulation S.
- Transaction approved by board on April 22, 2026; closing subject to Nasdaq listing notification and customary conditions.
- Valuation based on report by Valtech Valuation Advisory dated April 21, 2026.
- Acquisition executed via wholly-owned subsidiary Yingxi Industrial Chain Investment Co., Ltd.