Addentax Group SEC Filings

Addentax Group Corp. (ATXG) reported quarterly results for the three months ended September 30, 2025. Revenue was $820,692 versus $1,112,899 a year ago, driven mainly by softer logistics activity. Gross profit fell to $225,147 from $471,080, while operating loss widened to $449,848 from $41,512 as general and administrative expenses increased.

Fair value changes on derivatives produced a $452,983 loss, partly offset by $82,832 of other income. Including $729,021 income from discontinued operations, net loss narrowed to $102,837 from $721,532. For the six-month period, revenue was $1,647,046 (slightly lower year over year) and net loss was $495,275, improving from $1,942,643.

The balance sheet shifted after disposing of the subleasing subsidiary: total assets were $28.2 million (down from $49.2 million) with lease assets removed, and total liabilities dropped to $2.33 million from $27.44 million. Debt securities held-to-maturity remained $17.5 million, with a $437,500 coupon receivable. During the six months, about $3.1 million of convertible notes were converted into roughly 5.7 million shares. Shares outstanding were 11,715,348 as of November 13, 2025.

Addentax Group Corp. (ATXG) regained Nasdaq listing compliance. The company received written notice from Nasdaq that its common stock met the minimum bid price requirement after closing at $1.00 per share or higher for 20 consecutive business days from September 22, 2025 through October 17, 2025, satisfying Listing Rule 5550(a)(2). Nasdaq stated the matter is closed.

This update confirms ATXG remains listed on the Nasdaq Capital Market under the minimum bid price standard. No changes to operations or financial statements were disclosed in connection with this notice.

Addentax Group Corp. (ATXG) reported a corporate update. The company announced it is in discussions with KINGS UNITED HOLDING LIMITED regarding a potential strategic cooperation. The talks focus on integrating Web3.0 payment infrastructure and Real-World Asset (RWA) enablement within Addentax’s supply-chain and settlement ecosystem.

The company furnished a press release as Exhibit 99.1 dated October 14, 2025.

Addentax Group Corp. (ATXG) submitted a Form 144 notice for the proposed sale of 23,095 shares of common stock acquired on 08/11/2025 as equity compensation from the issuer. The broker listed is Charles Schwab & Co and the sale is planned for 09/02/2025 on Nasdaq CM. The filing reports an aggregate market value of $12,935.51 for the shares and indicates 11,715,348 shares outstanding. The acquisition payment is described as services rendered. The filer certifies no undisclosed material adverse information and follows the Rule 144 notice requirements.

Addentax Group Corp. (ATXG) operates garment manufacturing, logistics and property subleasing in China. For the three months ended June 30, 2025, revenue rose 15.3% to $980,954, driven by logistics services which accounted for 82.2% of revenue. Gross profit compressed to $6,059 (0.6% margin) and the company reported a net loss of $392,438 (basic and diluted loss per share $(0.06)), improved from a $1.22 million loss a year earlier.

At June 30, 2025 total assets were $48.98M with cash of $490,716, restricted cash $1.424M and debt securities held-to-maturity of $17.5M. Total liabilities were $23.82M and total equity was $25.16M. Management disclosed material weaknesses in internal controls and remediation plans. Significant subsequent items disclosed include conversion of $2.3M of convertible notes into shares during the quarter, Nasdaq notice for minimum bid-price noncompliance with a compliance deadline of October 6, 2025, a board-approved CEO salary increase to $200,000, and a non-binding term sheet to acquire up to 12,000 Bitcoins (proposed market value ~US$1.3 billion).

Zhiwang Hong, a director of Addentax Group Corp. (ATXG), was issued 46,190 shares of common stock on 08/11/2025. The shares were issued pursuant to the issuer's 2024 Equity Incentive Plan at a reported price of $0. Following the issuance the reporting person beneficially owned 96,308 shares, held directly. The filing contains no reported derivative transactions.

The Form 4 identifies the transaction as an equity award under the company plan and provides the reporting person’s name and address. No additional disposals, sales, or material terms beyond the grant and resulting direct ownership are disclosed in this document.

Addentax Group Corp. (ATXG) reports that director Weilin Li received 23,095 shares of common stock as an award under the issuer's 2024 Equity Incentive Plan. The transaction was recorded with a transaction date of 08/11/2025 and the issued shares show a reported price of $0, indicating these were granted rather than purchased. Following the award, the reporting person is shown to beneficially own 23,095 shares in a direct ownership form. No derivative securities are reported on this Form 4, and the explanation specifies the shares were issued pursuant to the company equity plan.

Addentax Group Corp. (ATXG) Form 4: The filing shows Reporting Person Chao Huang, identified as the companys Chief Financial Officer, acquired securities on 08/11/2025. The transaction is coded A (acquisition) and the form lists 23,095 shares associated with the reported transaction at a price of $0. The explanation states these shares were issued under the issuers 2024 Equity Incentive Plan.

Following the reported transaction, the filing shows beneficial ownership of 25,667 shares and the report was signed on 08/13/2025. All details above are taken directly from the submitted Form 4.