Addentax Group Corp. entered into a private placement agreement on September 28, 2026, to issue and sell 520,834 shares of common stock to investor Chan Kai Sang at $4.80 per share, generating approximately $2.5 million in gross proceeds. The company intends to use the net proceeds for general corporate purposes, including working capital and potential strategic investments. This transaction was conducted offshore under Regulation S exemptions from Securities Act registration requirements. Addentax Group Corp. operates in the financial technology sector, providing tax compliance and accounting services.
