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Addentax Group ( (ATXG) ) has shared an announcement.
On May 15, 2026, Addentax Group completed a share exchange transaction under an April 22, 2026 agreement, through which its Hong Kong subsidiary Yingxi Industrial Chain Investment Co., Ltd acquired 100% of Hong Kong-based Time Is Loan Limited from seller OR Shan Shan. In consideration, Addentax issued 137,790 shares of its common stock under a Regulation S exemption, with the non-U.S. seller receiving the shares in an offshore transaction, underscoring the company’s continued use of equity to expand its holdings in international markets.
The stock issuance relied on U.S. securities law provisions permitting unregistered offshore offerings and reflects Addentax’s willingness to use share-based deals to secure full ownership of targeted entities. This transaction may affect the company’s capital structure and ownership distribution while strengthening its operational footprint through the integration of Time Is Loan Limited into its corporate group.
More about Addentax Group
Addentax Group Corp. is a Nevada-incorporated company that operates through subsidiaries such as Yingxi Industrial Chain Investment Co., Ltd in Hong Kong. The group focuses on expanding its business portfolio via equity investments and share exchange transactions in regional markets, reflecting a strategy of leveraging corporate structures across jurisdictions.
Average Trading Volume: 131,734
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.79M
Learn more about ATXG stock on TipRanks’ Stock Analysis page.