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Addentax to issue 33,500 unregistered shares under Regulation S

PUBT·05/21/2026 20:17:50
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Addentax to issue 33,500 unregistered shares under Regulation S
  • Addentax Group entered a share exchange on May 15, 2026 that includes issuing 33,500 common shares to COO Wu Rui in exchange for a 41.67% stake in Riches Family Office.
  • The share issuance is an unregistered sale under Regulation S, described as an offshore transaction to a non-U.S. person.
  • The deal value was set through arm’s-length negotiations that referenced a May 13, 2026 valuation of the target’s main operating subsidiary, Riches Elite Technology (Shenzhen).
  • Closing is subject to a Nasdaq additional shares notification process.


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: 0001493152-26-024827), on May 21, 2026, and is solely responsible for the information contained therein.