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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): March 17, 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
March 17, 2026,
Addentax Group Corp. (the “Company”) announced that it has entered into mature
negotiations regarding the acquisition of multiple online lending
companies operating across the Asia Pacific region. The proposed transactions remain subject to the completion of due diligence, negotiation
and execution of definitive agreements, approval by the respective boards of directors, receipt of any required regulatory
approvals and other customary conditions. There
can be no assurance that any definitive agreements will be executed or that the proposed transactions will be completed. 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 March 17, 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:
March 17, 2026 |
By: |
/s/
Hong Zhida |
| |
|
Hong
Zhida |
| |
|
Chief
Executive Officer |
Exhibit
99.1
Addentax Group Corp. Announces
Strategic Fintech Initiative and Negotiations to Acquire Up to 20 Online Lending Platforms in Asia Pacific Representing Over
600,000 Customers and Estimated Annual Loan Volume Exceeding HK$25 Billion
SHENZHEN, March 17, 2026 —
Addentax Group Corp. (Nasdaq: ATXG) (“ATXG” or the “Company”) announced today that it has entered into mature
negotiations to acquire multiple leading online money lending platforms across the Asia Pacific region, with
definitive agreements expected to be executed subject to the completion of ongoing negotiations, due diligence, regulatory approvals
and other customary conditions.
These
platforms operate digital lending businesses across the Asia Pacific region and provide services that include AI-supported credit assessment,
digital asset-related financial services (where permitted by applicable regulations), and personal digital lending. These platforms are
characterized by established user bases, proprietary risk control systems, operational efficiency and regional market presence. Upon
completion of the proposed acquisitions, the combined platforms could create a large-scale digital credit platform with significant regional
reach. Based on information provided by the target companies, the combined platforms currently serve more than 600,000 customers
and generate an estimated aggregate annual loan origination volume exceeding HK$25 billion.
“We
are pleased to announce this strategic acquisition initiative, which we believe has the potential to significantly expand Addentax’s
participation in the Asia Pacific fintech sector,” said the Chief Executive Officer of Addentax, Mr. Hong Zhida. “These platforms
represent innovative participants in AI-driven digital lending and emerging financial technologies. By potentially bringing them together
under the ATXG umbrella, we aim to build a technology-driven digital credit platform with meaningful scale, technological capabilities
and regional market reach. We believe this initiative could support long-term value creation for our stockholders, partners and customers
across the Asia Pacific.”
The
transactions are subject to customary closing conditions, including final due diligence, board approvals, approvals from relevant financial
regulatory authorities in the jurisdictions in which the target companies operate and other customary conditions. There can be
no assurance that definitive agreements will be executed or that any transactions will be completed. The Company will provide updates
as appropriate as negotiations progress.
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
