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US$200M AI and crypto investment MOUs for Addentax (ATXG)

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Addentax Group Corp. entered into separate non-binding memorandums of understanding with two institutional investors, backed by a Middle Eastern royal family, for a potential strategic equity investment totaling up to US$200 million at a proposed fixed price of US$1.50 per share.

The investors would acquire newly issued common stock to support Addentax’s growth in artificial intelligence and cryptocurrency financial services, including its Hong Kong presence. Both sides plan to work in good faith to negotiate and sign definitive agreements within six months.

Any transaction is contingent on definitive agreements, customary legal and financial due diligence, required corporate, regulatory and stock exchange approvals, and other closing conditions, and there is no assurance that the investment or related strategic collaboration will be completed.

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Insights

ATXG outlines a large, but highly conditional, potential US$200 million equity deal.

Addentax Group Corp. has signed non-binding MOUs with two institutional investors for a potential strategic equity investment totaling US$200 million at a fixed price of US$1.50 per share. The funds would come from newly issued common stock to support AI and cryptocurrency financial services initiatives, including expansion in Hong Kong and the Asia-Pacific region.

The MOUs are explicitly preliminary. Closing would require negotiation and execution of definitive agreements within six months, completion of customary legal and financial due diligence, and all necessary corporate, regulatory, and stock exchange approvals. The language clearly states there can be no assurance that agreements will be signed or that any transaction will be consummated.

If completed as described, this equity financing could materially strengthen the balance sheet and provide capital for AI-driven financial technology platforms and compliant cryptocurrency services. However, because the terms remain subject to change and the investment is not binding, actual impact will depend on future definitive documentation and approvals disclosed in subsequent company filings.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 10, 2026

 

Addentax Group Corp.

(Exact name of registrant as specified in its charter)

 

Nevada   001-41478   35-2521028

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

Kingkey 100, Block A, Room 4805,

Luohu District, Shenzhen City, China

 

 

518000

(Address of principal executive offices)   (Zip Code)

 

+(86) 755 86961 405

(Registrant’s telephone number, including area code)

 

N/A

(Former Name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001 per share   ATXG   Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 8.01 Other Events.

 

On February 10, 2026, Addentax Group Corp. (the “Company”) issued a press release announcing that it entered into separate non-binding memorandum of understanding (each, an “MOU;” together, the “MOUs”) with two institutional investors regarding a potential strategic equity investment of up to US$200 million at proposed price of US$1.50 per share. The MOUs reflect the parties’ preliminary understanding and provide that the parties will work in good faith to negotiate and execute definitive agreements within six months. Any potential transaction remains subject to the execution of definitive agreements, completion of customary due diligence, receipt of required regulatory and stock exchange approvals, and other customary closing conditions. There can be no assurance that definitive agreements will be executed or that any transaction will be consummated. A copy of the press release is included as Exhibit 99.1 to this Current Report on Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.    
99.1   Press Release issued February 10, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Addentax Group Corp.
     
Date: February 10, 2026 By: /s/ Hong Zhida
    Hong Zhida
    Chief Executive Officer

 

 

 

Exhibit 99.1

 

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

 

SHENZHEN, February 10, 2026 — 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

 

 

 

 

FAQ

What did Addentax Group Corp. (ATXG) announce in this 8-K filing?

Addentax announced it entered into non-binding memorandums of understanding with two institutional investors for a potential strategic equity investment totaling up to US$200 million. The planned investment would support its growth in AI and cryptocurrency financial services, subject to definitive agreements and approvals.

How large is the potential strategic equity investment in Addentax (ATXG)?

The potential strategic equity investment totals up to US$200 million, with each of the two institutional investors intending to invest up to US$100 million. The investment would be in newly issued common stock at a proposed fixed price of US$1.50 per share, if completed as described.

At what proposed price per share would the ATXG investment be made?

Under the MOUs, each investor intends to buy newly issued Addentax common stock at a proposed fixed price of US$1.50 per share. This price forms part of the parties’ preliminary understanding and would be finalized only in definitive agreements, subject to due diligence and required approvals.

Are the ATXG memorandums of understanding binding commitments?

No, the memorandums of understanding are non-binding and reflect only a preliminary understanding. Any transaction depends on negotiating and executing definitive agreements, completing customary legal and financial due diligence, and obtaining necessary corporate, regulatory, and stock exchange approvals, with no assurance of completion.

How will Addentax (ATXG) use the potential US$200 million investment if completed?

If consummated, Addentax believes the potential US$200 million investment would strengthen its balance sheet and support key growth priorities. These include scaling AI-driven financial technology platforms, expanding compliant cryptocurrency financial services, deepening its presence in Hong Kong and Asia-Pacific, and continuing research and development efforts.

Who are the investors in the potential Addentax (ATXG) strategic investment?

The potential investment would come from two institutional investors backed by a Middle Eastern royal family. They are discussing both capital investment and a possible strategic collaboration, aiming to combine Addentax’s AI and cryptocurrency capabilities with the investors’ industry resources, regulatory insights, and global market experience.

Filing Exhibits & Attachments

4 documents