Addentax Group to sell 520,834 shares in $2.5 million private placement at $4.80 each
ATXG•Addentax Group entered a private placement on Sept. 28, 2026, to sell 520,834 shares to Chan Kai Sang at $4.80 each, expecting gross proceeds of about $2.5 million.
1. Placement details
Addentax Group said it will sell the shares to Chan Kai Sang in an unregistered offshore transaction under Regulation S. The company expects to use the proceeds for general corporate purposes, including working capital.
