{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-024117","form_type":"8-K/A","ticker":"ATXG","cik":"0001650101","company_name":"ADDENTAX GROUP CORP.","filed_at":"2026-05-18T15:10:26+00:00","discovered_at":"2026-05-18T15:11:00.370471+00:00","generated_at":"2026-05-18T15:11:39.391331+00:00","sec_items":["9.01","1.01","2.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Addentax completes $5.5M acquisition of Keemo Fashion; target shows negative equity and going concern","bullets":["Acquired 62.18% of Keemo Fashion for $5.5M via bond transfer; closed March 30, 2026.","Keemo Fashion audited FY2025: revenue $15,081, net loss $33,121, shareholders' deficit $82,066.","Auditor's going-concern note cites net loss, negative working capital, and accumulated deficit.","Keemo Fashion operates apparel wholesale in China and digital publishing through GW Reader Sdn. Bhd."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-024117","json":"https://secwatch.observer/filing/0001493152-26-024117.json","markdown":"https://secwatch.observer/filing/0001493152-26-024117.md","text":"https://secwatch.observer/filing/0001493152-26-024117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650101/000149315226024117/0001493152-26-024117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650101/000149315226024117/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T15:11:39.391331+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c2cd3d422fd88737577ea543b1fbbc84cd738552","claim":"ADDENTAX GROUP CORP. completed an acquisition involving Guang Wen Global Group Limited for $5.5 million (closed 2026-03-30).","evidence_excerpt":"shall convey and deliver to the Buyer, and the Buyer shall purchase and accept from the Seller, the Shares. The aggregate purchase price for the acquisition was approximately $5.5 million and the purchase consideration shall be satisfied by utilizing a portion of an existing bond held by the Company. The bond issued pursuant to a note subscription arrangement","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650101/000149315226024117/0001493152-26-024117-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Guang Wen Global Group Limited"},{"label":"Consideration","value":"$5.5 million"},{"label":"Closing","value":"2026-03-30"}],"fact_type":"ma_transaction"},{"claim_id":"27de982f039bcb318c229ad75ac5349897d3b5b2","claim":"ADDENTAX GROUP CORP. entered into Bond Transfer Agreement with Guang Wen Global Group Limited (the Seller) valued at split and transfer a portion, approximately US$5.5 million, of an existing bond to the Seller as con (effective 2026-02-17).","evidence_excerpt":"In connection with the partial bond transfer, the Seller and the Company entered into a bond transfer agreement whereby the Company shall split and transfer a portion, approximately US$5.5 million, of an existing bond to the Seller (or its designated counterparty) as consideration for the acquisition.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650101/000149315226024117/0001493152-26-024117-index.htm","confidence":0.92,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Guang Wen Global Group Limited (the Seller)"},{"label":"Value","value":"split and transfer a portion, approximately US$5.5 million, of an existing bond to the Seller as con"},{"label":"Effective","value":"2026-02-17"}],"fact_type":"material_agreement"},{"claim_id":"68692b7d5462f80fd05f322e94d594315fdd2e6a","claim":"ADDENTAX GROUP CORP. entered into Stock Purchase Agreement with Guang Wen Global Group Limited (the Seller) valued at aggregate purchase price of approximately $5.5 million (effective 2026-02-17).","evidence_excerpt":"On February 17, 2026, Addentax Group Corp. (the “Company”), through itself or its designated entity (the “Buyer”), entered into a stock purchase agreement (the “Agreement”) to acquire 34,200,000 shares of Common Shares, par value $0.001 per share (the “Shares”), in Keemo Fashion Group Limited’s (“Keemo Fashion”), a Nevada corporation, with the Guang Wen Global Group Limited (the “Seller”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650101/000149315226024117/0001493152-26-024117-index.htm","confidence":0.97,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Guang Wen Global Group Limited (the Seller)"},{"label":"Value","value":"aggregate purchase price of approximately $5.5 million"},{"label":"Effective","value":"2026-02-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}