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Addentax Group Agrees to $1.5 Million Private Placement

PUBT·11/12/2026 11:58:00
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Addentax Group Agrees to $1.5 Million Private Placement
  • Addentax Group agreed on November 5, 2026, to sell common stock in a private placement to Chan Kai Fung.
  • The sale covers 312,500 shares at $4.8 each, generating approximately $1.5 million in gross proceeds.
  • Net proceeds will fund general corporate purposes, including working capital and potential strategic investments.
  • The unregistered shares are expected to be issued offshore under Regulation S.


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: 0001493152-26-051119), on November 12, 2026, and is solely responsible for the information contained therein.