Addentax Group has announced that Addentax has purchased 3.75M common shares in Well Information Technology, a company incorporated under the jurisdiction of the State of Nevada. Well InfoTech and its subsidiaries are headquartered in Hangzhou, People’s Republic of China. Pursuant to the Securities Purchase Agreement, the company acquired 2.5% equity stake in Well InfoTech for a total consideration of $750,000. The investment was made in cash.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off