# ADDENTAX GROUP CORP. (ATXG) — capital_raise/private_placement [announced]
Source: SEC API (secapi.ai) · situation sit_77f73290e67089211b1e · retrieved 2026-08-11T16:03:00.532Z

## Overview
Addentax Group Corp. is a Nevada-incorporated company engaged in services related to mailing, reproduction, commercial art, and photography.

On July 30, 2026, Addentax Group Corp. entered into private placement agreements with three investors—Mr. Hong Zhihao, Mr. Hong Zhiwang, and Mr. Yip Wai Lun—to issue an aggregate of 677,084 shares of common stock at $4.80 per share, generating approximately $3.25 million in gross proceeds. The allocation was 250,000 shares to Mr. Hong Zhihao, 218,750 shares to Mr. Hong Zhiwang, and 208,334 shares to Mr. Yip Wai Lun. The subscriptions by Mr. Hong Zhihao and Mr. Hong Zhiwang were reviewed and approved by the Audit Committee as related party transactions on July 29, 2026, and the Board approved the Private Placement on the same day. The shares are expected to be issued in reliance on Regulation S under the Securities Act, with investors representing they are not U.S. persons.

## Terms
- Counterparty: Mr. Hong Zhihao, Mr. Hong Zhiwang, and Mr. Yip Wai Lun · Deal value: $3.3M · Consideration: cash · Price/share: $4.8

## Key dates
- Announced 2026-07-29

## Timeline
- 2026-07-29 · 8-K (0001493152-26-035205): 8-K - ADDENTAX GROUP CORP. — *Addentax Group Corp. is a Nevada-incorporated company engaged in services related to mailing, reproduction, commercial art and photography.* On July 28, 2026, Addentax Group Corp. entered into a Private Placement Agreement with Pinnacle Partners Inc., a British Virgin Islands company, to issue and sell 250,000 shares of common stock at $4.80 per share for aggregate gross proceeds of approximately $1.2 million. The shares are expected to be issued in reliance upon Regulation S, an exemption from registration under the Securities Act of 1933. The closing is subject to satisfaction or waiver of customary closing conditions set forth in the agreement.
  https://www.sec.gov/Archives/edgar/data/1650101/0001493152-26-035205.txt
- 2026-07-31 · 8-K (0001493152-26-035651): 8-K - ADDENTAX GROUP CORP. — *Addentax Group Corp. is a Nevada-incorporated company engaged in services related to mailing, reproduction, commercial art, and photography.* On July 30, 2026, Addentax Group Corp. entered into private placement agreements with three investors—Mr. Hong Zhihao, Mr. Hong Zhiwang, and Mr. Yip Wai Lun—to issue an aggregate of 677,084 shares of common stock at $4.80 per share, generating approximately $3.25 million in gross proceeds. The allocation was 250,000 shares to Mr. Hong Zhihao, 218,750 shares to Mr. Hong Zhiwang, and 208,334 shares to Mr. Yip Wai Lun. The subscriptions by Mr. Hong Zhihao and Mr. Hong Zhiwang were reviewed and approved by the Audit Committee as related party transactions on July 29, 2026, and the Board approved the Private Placement on the same day. The shares are expected to be issued in reliance on Regulation S under the Securities Act, with investors representing they are not U.S. persons.
  https://www.sec.gov/Archives/edgar/data/1650101/0001493152-26-035651.txt

## Citations
- 0001493152-26-035205 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226035205
- 0001493152-26-035651 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226035651