Addentax Group (NASDAQ: ATXG) now counts a 10% shareholder
Rhea-AI Filing Summary
ADDENTAX GROUP CORP. (ATXG) reported that Pinnacle Partners Inc. filed an initial statement of beneficial ownership as a ten percent owner. The filing lists direct ownership of 250,000 shares of Common Stock as of 2026-08-19, with no specific purchase or sale transaction reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PINNACLE PARTNERS INC.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 250,000 shares (Direct)
Key Figures
Common Stock holdings: 250,000 shares
Form type: Form 3
Holding entries: 1
3 metrics
Common Stock holdings
250,000 shares
Directly owned by Pinnacle Partners Inc. after the reported event as of 2026-08-19
Form type
Form 3
Initial statement of beneficial ownership filed for ADDENTAX GROUP CORP.
Holding entries
1
Number of non-derivative holding rows reported in the ownership table
Key Terms
ten percent owner, beneficial ownership, Common Stock
3 terms
ten percent owner regulatory
"Pinnacle Partners Inc. is identified as a ten percent owner of the issuer"
beneficial ownership regulatory
"An initial statement of beneficial ownership is filed for the Common Stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Stock financial
"The filing reports holdings of 250,000 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does this Form 3 filing mean for ADDENTAX GROUP CORP. (ATXG)?
The Form 3 shows that Pinnacle Partners Inc. is a ten percent owner of ADDENTAX GROUP CORP., reporting direct beneficial ownership of 250,000 Common Stock shares. It is an initial disclosure of holdings, not a report of new buying or selling.
What is the ownership type reported for Pinnacle Partners Inc. in ATXG?
Pinnacle Partners Inc. reports direct ownership of its ATXG shares. The filing lists 250,000 Common Stock shares held directly, without indicating any indirect ownership through trusts or other entities in this disclosure.
Why is Pinnacle Partners Inc. identified as a ten percent owner of ATXG?
Pinnacle Partners Inc. is checked as a ten percent owner on the Form 3, indicating it holds a significant stake in ADDENTAX GROUP CORP. The filing formally identifies it as a major shareholder under SEC reporting rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
