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Addentax (ATXG) Files Form 144 for 23,095-Share Disposal

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

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.

Positive

  • Complete Rule 144 disclosure: Filing includes acquisition date, acquisition method (equity compensation), broker, proposed sale date, and aggregate value.
  • No recent sales reported: The filing states "Nothing to Report" for securities sold during the past three months.

Negative

  • None.

Insights

TL;DR: Routine Rule 144 notice for equity-compensation shares to be sold through a broker; documentation appears compliant.

The filing documents a proposed sale under Rule 144 of 23,095 shares acquired via equity compensation from the issuer on 08/11/2025, with payment described as services rendered and a planned sale date of 09/02/2025 through Charles Schwab & Co on Nasdaq CM. The aggregate market value is listed as $12,935.51 against 11,715,348 shares outstanding. This notice contains required elements: acquisition date, nature of acquisition, broker, proposed sale date, and the filer’s certification regarding material information. No sales in the past three months are reported.

TL;DR: Insider disposition is documented and limited in scale relative to total shares outstanding; disclosure is concise and routine.

The disclosure indicates the securities were granted as equity compensation and that the payment was for services rendered. The filing specifies broker details and the approximate aggregate market value of $12,935.51. The statement that the filer does not know undisclosed material adverse information is included as required. Based solely on the notice content, the transaction appears procedural and localized to an individual holding rather than a company-level event.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does ATXG's Form 144 disclose about the number of shares to be sold?

The form lists 23,095 shares of common stock proposed for sale.

When were the shares acquired and how were they paid for according to the filing?

The shares were acquired on 08/11/2025 as equity compensation from the issuer, with payment described as services rendered.

What is the planned sale date and broker for the ATXG shares?

The approximate date of sale is 09/02/2025, and the broker named is Charles Schwab & Co.

What aggregate market value and shares outstanding does the Form 144 show?

The aggregate market value is listed as $12,935.51 and the number of shares outstanding is 11,715,348.

Does the filing report any securities sold in the past three months by the filer?

No. The filing states "Nothing to Report" for securities sold during the past three months.
Addentax Group

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