m_and_a
confidence high
sentiment neutral
materiality 0.50
Addentax completes acquisition of Time Is Loan Limited, issues 137,790 shares
ADDENTAX GROUP CORP.
- Completed acquisition of Time Is Loan Limited via Hong Kong subsidiary Yingxi.
- Issued 137,790 shares of common stock to seller OR Shan Shan as consideration.
- Shares issued in offshore transaction under Regulation S exemption; seller is not a U.S. person.
- No financial terms or target revenue disclosed in the filing.
item 2.01item 3.02item 9.01