ADDENTAX GROUP CORP. SEC Filings

Addentax Group Corp. is registering up to 57,520,505 shares of common stock for resale by existing security holders, mainly tied to a prior PIPE financing and related warrants. The shares include 16,437,309 PIPE Stock from senior secured convertible notes (now fully redeemed or converted) and 41,013,196 PIPE Warrant Stock plus 70,000 placement agent warrant shares. Addentax is not selling shares itself and will receive no proceeds from resale, only potential cash if the PIPE and placement agent warrants are exercised. Shares outstanding were 11,715,348 before this offering and would be 32,291,946 if all covered warrants are exercised for cash. The company is a Nevada holding company whose operations run through PRC subsidiaries, so investors face China regulatory, cash‑transfer, and HFCAA-related risks, as well as Nasdaq minimum bid price compliance risk.

Addentax Group Corp. reported a leadership change, appointing Wu Rui as Chief Operating Officer effective December 12, 2025. Wu, age 37, brings experience from several Hong Kong and China-based financial services firms, including director roles at TROOPS, Inc. and founder and CEO of Riches Holdings Limited, which focuses on family office, asset management, insurance brokerage, and fintech-enabled financial services.

Under a new employment agreement, Wu will receive annual compensation of $12,000, paid in full on the last day of each calendar year. The agreement includes standard termination, confidentiality, non-solicitation, and indemnification terms. The company states there are no family relationships or related-party transactions involving Wu that require disclosure.

Addentax Group Corp. director Form 4 filing reports an insider stock sale. A company director sold 23,095 shares of Addentax Group Corp. common stock on 09/08/2025 at a price of $0.52 per share. After this transaction, the reporting person directly owns 0 shares of the company’s common stock. The filing is made by a single reporting person and covers only non-derivative securities; no derivative positions are reported.

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. reported that Nasdaq has granted it an additional 180 days, until April 6, 2026, to regain compliance with the exchange’s minimum bid price rule. The company had previously fallen below the required $1.00 per share closing bid price for 30 consecutive business days and did not regain compliance by the initial deadline of October 6, 2025, despite its stock trading above $1.00 for ten consecutive days before that date.

Nasdaq’s extension is based on Addentax continuing to meet other Nasdaq Capital Market listing standards and its written plan to cure the deficiency, which may include a reverse stock split. If the closing bid stays at or above $1.00 for at least ten consecutive business days during this second period, Nasdaq staff plan to confirm compliance. If Addentax fails to demonstrate compliance by April 6, 2026, its securities are expected to be delisted, although the company would have the right to appeal.

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).