Addentax Group to sell 520,834 shares at $4.8 in $2.5 million private placement

Reuters2026/09/14 10:21

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Entered private placement agreements on Sept. 9, 2026 to sell 520,834 common shares at $4.8 each.
Gross proceeds expected at about $2.5 million; funds earmarked for general corporate purposes, working capital, strategic investments.
Shares to be issued in an unregistered sale under Regulation S to investor Chan Chun Hong in an offshore transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Addentax Group Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-042467), on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Addentax Group to sell 520,834 shares at $4.8 in $2.5 million private placement

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