Addentax Group Corp. Entered Into Memorandum of Understanding for Potential US$200 Million Strategic Investment with Middle East Royal-Backed Institutional Investors at Proposed Price of $1.50 per Share, Supporting AI and Crypto Strategy

Rhea-AI Summary

Addentax Group (Nasdaq: ATXG) entered MOUs on Feb 9, 2026, with two institutional investors backed by a Middle Eastern royal family for a potential US$200 million equity investment at a proposed price of $1.50 per share.

The MOUs describe each investor intending up to US$100 million, a six-month period to negotiate definitive agreements, and customary conditions including due diligence, regulatory approvals, and stock exchange consents. There is no assurance the transaction will close.

Positive

• Potential US$200 million strategic equity investment
• Fixed proposed price of US$1.50 per share
• Each investor up to US$100 million commitment

Negative

• Transaction subject to due diligence and approvals
• No assurance definitive agreements will be executed
• Potential shareholder dilution from newly issued common stock

Key Figures

Potential strategic investment: US$200 million Per-investor commitment: US$100 million Proposed share price: US$1.50 per share +5 more

8 metrics

Potential strategic investment US$200 million Total equity capital under the MOUs, subject to definitive agreements

Per-investor commitment US$100 million Intended maximum investment from each of two institutional investors

Proposed share price US$1.50 per share Fixed price for newly issued ATXG common stock under the MOUs

Number of investors 2 institutional investors Both reportedly backed by a Middle Eastern royal family

Negotiation window Six months Target period to negotiate and execute definitive agreements

Price move 29.3% Pre-news 24h price change for ATXG

Relative volume 7.17x Today’s volume vs. 20-day average before this news

Market cap $3,854,349 ATXG equity value before incorporating any potential new investment

Market Reality Check

Price: $0.4181 Vol: Volume 8,471,958 is about...

high vol

$0.4181 Last Close

Volume Volume 8,471,958 is about 7.17x the 20-day average of 1,182,009 shares. high

Technical Price 0.4181 trades below the 200-day moving average of 0.6 and far under the 1.86 52-week high.

Peers on Argus

ATXG gained 29.3% with outsized volume, while only one momentum peer (JYD) rose ...

1 Up

ATXG gained 29.3% with outsized volume, while only one momentum peer (JYD) rose about 8.14% and core logistics peers showed mixed, mostly modest moves, indicating a stock-specific reaction to the investment MOUs rather than a broad sector rotation.

Historical Context

2 past events · Latest: Feb 06 (Positive)

Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Feb 06	Strategic acquisition	Positive	-5.8%	Proposed Riches Group AI and crypto-enabled wealth platform acquisition with HKD 300M revenue potential.
Oct 14	Strategic cooperation talks	Positive	-1.0%	Discussions to integrate Web3.0 payments and RWA tokenization into ATXG’s ecosystem.

Pattern Detected

Recent AI/crypto-related strategic announcements have been followed by negative price reactions despite seemingly positive narratives.

Recent Company History

Over the past few months, ATXG highlighted several fintech and AI/crypto transitions. On Feb 6, 2026, it announced a proposed acquisition of Riches Group’s AI-enabled, crypto-capable wealth platform, yet shares fell 5.84%. On Oct 14, 2025, Web3.0 and RWA cooperation discussions with KINGS UNITED saw a 0.97% decline. Against this backdrop, the potential US$200 million equity investment at US$1.50 per share marks a larger, balance-sheet-focused step.

Market Pulse Summary

This announcement centers on non-binding MOUs for a potential US$200 million equity investment at US...

Analysis

This announcement centers on non-binding MOUs for a potential US$200 million equity investment at US$1.50 per share to fund ATXG’s AI and cryptocurrency financial services strategy. It follows prior fintech and Web3 initiatives disclosed on Feb 6, 2026 and Oct 14, 2025. Investors may watch whether definitive agreements are signed within the six‑month window, how terms affect existing shareholders, and how new capital supports execution versus prior strategic plans.

AI-generated analysis. Not financial advice.

SHENZHEN, China, Feb. 10, 2026 /PRNewswire/ -- Addentax Group Corp. (Nasdaq: ATXG) (the "Company", "ATXG", "we", "us" or "our") today announced that on February 9, 2026, it entered into separate memorandum of understanding (each, an "MOU;" together, the "MOUs") with two institutional investors, backed by a Middle Eastern royal family, setting forth a preliminary understanding regarding a potential strategic equity investment totaling US$200 million to support the Company's business growth in artificial intelligence ("AI") and cryptocurrency financial services. Pursuant to the MOUs, subject to the negotiation and execution of definitive agreements, each investor intends to invest up to US$100 million by acquiring newly issued shares of common stock of ATXG at a fixed price of US$1.50 per share. The Company and the investors have agreed to work in good faith to negotiate and execute definitive agreements within six months, which would include, among other things, a share subscription agreement, disclosure schedules, and related corporate approvals. Any potential transaction remains subject to the completion of customary legal and financial due diligence, receipt of all necessary corporate, regulatory, and stock exchange approvals, execution of definitive agreements, and other customary conditions precedent. There can be no assurance that definitive agreements will be executed or that any transaction will be consummated.

In addition to the potential capital investment, the Company and the investors are in discussions regarding a potential strategic collaboration focused on advancing the Company's core initiatives in AI and cryptocurrency financial services. These discussions reflect a shared interest in leveraging ATXG's technological expertise and market presence, including its presence in Hong Kong, combined with the investors' industry resources, regulatory insights, and global market experience to support potential product development and market expansion in AI and cryptocurrency-related solutions.

If consummated, we believe that the potential US$200 million strategic investment would strengthen ATXG's balance sheet and could provide additional capital to support its key growth priorities, including scaling its AI-driven financial technology platforms, expanding its compliant cryptocurrency financial services portfolio, deepening market penetration in Hong Kong and the Asia-Pacific region, and continued investing in research and development. The proposed fixed per-share price of US$1.50 was discussed as part of the parties' preliminary understanding and reflects the Company's view of the potential investors' interest in ATXG's business model, long-term growth strategy, and the management team.

"This memorandum of understanding reflects a significant step forward in our ongoing discussions with institutional investors regarding a potential strategic investment in ATXG," said the Chief Executive Officer of ATXG, Mr. Hong Zhida. "The parties' preliminary agreement to explore an equity investment of up to US$200 million at US$1.50 per share reflects the interest in our AI and cryptocurrency financial services strategy, and our presence in high-growth markets such as Hong Kong. If consummated, this potential investment could provide additional capital to support our growth initiatives, including the continued development of our AI-driven financial technology platforms and compliant cryptocurrency services. We are also encouraged by the opportunity to explore broader strategic cooperation with these investors, subject to further discussions and the execution of definitive agreements, and we look forward to working toward arrangements that could create long-term value for our stockholders."

About Addentax Group Corp.

Addentax Group Corp. is an integrated service provider specializing in garment manufacturing and logistics services. For more information about the Company, please visit the website: https://www.addentax.com/.  

Caution Concerning Forward Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions are intended to identify such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to consider risk factors, including those described in the Company's filings with the SEC, that may affect the Company's future results. All forward-looking statements attributable to the Company and its subsidiaries or persons acting on their behalf are expressly qualified in their entirety by these risk factors. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of known and unknown uncertainties, risks and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These and other important factors are described in detail in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended March 31, 2025. Although we believe the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

Company Contact:

Public Relations Contact:

Addentax Group Corp.
Phone: + (86) 755 86961 405
yoongxin.chan@zgyingxi.com 

Investor Relations Contact:

Sherry Zheng
WAVECREST GROUP INC.
1-718-213-7386
sherry@wavecrestipo.com 

View original content:https://www.prnewswire.com/news-releases/addentax-group-corp-entered-into-memorandum-of-understanding-for-potential-us200-million-strategic-investment-with-middle-east-royal-backed-institutional-investors-at-proposed-price-of-1-50-per-share-supporting-ai-and-crypto-s-302683753.html

SOURCE Addentax Group Corp.

FAQ

What did Addentax (ATXG) announce about a US$200 million investment on February 9, 2026?

The company announced MOUs for a potential US$200 million equity investment at US$1.50 per share. According to the company, two institutional investors backed by a Middle Eastern royal family intend up to US$100 million each, subject to definitive agreements and customary approvals.

How would the proposed US$1.50 per-share investment affect ATXG shareholders?

The proposed transaction could dilute existing shareholders if issued as new common stock at US$1.50 per share. According to the company, newly issued shares are planned to raise growth capital, pending negotiation of definitive agreements and regulatory approvals.

What timeline did ATXG set to finalize definitive agreements for the investment?

The parties agreed to work in good faith to negotiate and execute definitive agreements within six months. According to the company, those agreements would include a share subscription agreement and disclosure schedules, subject to due diligence and approvals.

What conditions must be met before the ATXG investment can close?

The transaction requires customary legal and financial due diligence, corporate and regulatory approvals, stock exchange consent, and executed definitive agreements. According to the company, these conditions are prerequisites and there is no assurance of closing.

How would the potential investment support ATXG's AI and crypto strategy?

The investment is intended to strengthen the balance sheet and fund AI-driven fintech and compliant crypto services expansion. According to the company, proceeds could help scale platforms, deepen Hong Kong and APAC penetration, and support R&D if consummated.