secwatch.observer — SEC 8-K summary
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Issuer:     ADDENTAX GROUP CORP. (ATXG)
CIK:        0001650101
Form:       8-K
Filed at:   2026-05-21T20:15:40+00:00
Accession:  0001493152-26-024827
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Addentax to issue 33,500 shares for 41.67% stake in related-party Riches Family Office
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- Addentax to acquire 41.67% of Riches Family Office for 33,500 shares to COO Wu Rui.
- Related-party transaction; Wu Rui is both COO and sole shareholder of Riches FO.
- Closing subject to Nasdaq filing of Additional Shares and other conditions.
- Target's main asset is Riches Elite Technology; valuation report used to set price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650101/000149315226024827/0001493152-26-024827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650101/000149315226024827/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-024827

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer