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New Addentax (ATXG) 13D shows 13.81% stake from Time is Loan deal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Or Shan Shan filed a Schedule 13D reporting a significant equity stake in Addentax Group Corp. The filing states beneficial ownership of 137,790 shares of Addentax common stock, representing approximately 13.81% of the company’s outstanding common shares.

The shares were issued on May 15, 2026 as stock consideration in a share exchange for the acquisition of 100% of the equity interest in Time is Loan Ltd., rather than purchased for cash. The filing notes that 997,935 shares of Addentax common stock were outstanding as of May 19, 2026. Or Shan Shan holds sole voting and dispositive power over the reported shares and describes the position as being held for investment purposes, while reserving the right to buy or sell shares or engage with management in the future.

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Insights

A new 13.81% shareholder emerges at Addentax through a stock-for-stock acquisition.

Or Shan Shan becomes a major shareholder of Addentax Group Corp. with 137,790 common shares, or about 13.81% of shares outstanding. The position arose from a share exchange where Addentax acquired 100% of Time is Loan Ltd., paying in stock rather than cash.

The filing shows sole voting and dispositive power over all reported shares, which gives this holder meaningful influence potential relative to the company’s 997,935 outstanding shares as of May 19, 2026. The stated intent is investment-focused, with no current concrete plans for corporate actions under Items 4(a)–(j).

The holder nonetheless reserves flexibility to buy or sell shares and to discuss business or strategy with management. Future company filings describing integration of Time is Loan Ltd. and any subsequent 13D amendments could clarify how actively this new 13.81% owner chooses to exercise its influence.

Shares beneficially owned 137,790 shares Addentax common stock held by Or Shan Shan
Ownership percentage 13.81% Portion of Addentax common stock outstanding
Shares outstanding 997,935 shares Addentax common stock outstanding as of May 19, 2026
Equity interest acquired 100% Equity interest in Time is Loan Ltd. acquired by Addentax
Sole voting power 137,790 shares Shares over which Or Shan Shan has sole voting power
Sole dispositive power 137,790 shares Shares over which Or Shan Shan has sole dispositive power
Date of event May 19, 2026 Date of event requiring Schedule 13D filing
Issuance date May 15, 2026 Date Addentax issued 137,790 shares to Or Shan Shan
beneficially owns financial
"The reporting person beneficially owns 137,790 shares of common stock of the issuer"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
sole voting power financial
"The reporting person has sole voting power and sole dispositive power with respect to 137,790 shares"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
share exchange transaction financial
"The securities reported herein were acquired ... pursuant to a share exchange transaction with Addentax Group Corp."
A share exchange transaction is when shareholders swap their shares in one company for shares in another company or in a restructured version of the same company, often as part of a merger, acquisition or corporate reorganization. Think of it like trading collectible cards: you give up one set and receive a different set whose value and rules may differ. It matters to investors because it changes ownership stakes, voting power and potential returns, and can affect share value and tax outcomes.
stock purchase agreement financial
"The transaction was effected in a privately negotiated transaction pursuant to a stock purchase agreement."
A stock purchase agreement is a legal contract that sets the terms for buying or selling shares, specifying the price, number of shares, how payment is made, and any conditions or promises each side must meet. It matters to investors because it defines who owns what, when ownership changes, and what protections or obligations attach to the deal—think of it as a detailed receipt plus the house rules that determine the financial risks and benefits of the transaction.
privately negotiated transaction financial
"The transaction was effected in a privately negotiated transaction pursuant to a stock purchase agreement."
A privately negotiated transaction is a deal whose terms are worked out directly between a buyer and a seller rather than through a public market or open auction. Think of it like selling a car to a neighbor instead of putting it on eBay: the price, timing and conditions are agreed one-on-one, so investors may see less public information, different pricing compared with market trades, and potential impacts on liquidity and valuation.
investment purposes financial
"The reporting person acquired the securities for investment purposes."





00653L400

(CUSIP Number)
OR SHAN SHAN
Flat G7, Block E, Mount Pavilia,, No.663 Clear Water Bay Road
Hong Kong, K3, 999077
852 6511 1689

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
05/19/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D


OR SHAN SHAN
Signature:/s/ Or Shan Shan
Name/Title:Or Shan Shan
Date:05/19/2026

FAQ

What ownership stake in Addentax Group Corp. (ATXG) does Or Shan Shan report?

Or Shan Shan reports beneficial ownership of 137,790 Addentax common shares, representing approximately 13.81% of outstanding stock. This makes the filer a significant shareholder with sole voting and dispositive power over all reported shares, as disclosed in the Schedule 13D.

How did Or Shan Shan acquire Addentax (ATXG) shares mentioned in the Schedule 13D?

The Addentax shares were issued to Or Shan Shan as stock consideration in a share exchange transaction. This exchange occurred in connection with Addentax acquiring 100% of the equity interest in Time is Loan Ltd., and did not involve any cash outlay by the reporting person.

What is the total number of Addentax (ATXG) shares outstanding used to calculate the 13.81% stake?

The 13.81% ownership percentage is based on 997,935 Addentax common shares outstanding as of May 19, 2026. Using this figure, the 137,790 shares held by Or Shan Shan equate to the reported 13.81% beneficial ownership in the Schedule 13D filing.

What are Or Shan Shan’s voting and dispositive powers over Addentax (ATXG) shares?

The filing states that Or Shan Shan has sole voting power and sole dispositive power over 137,790 Addentax common shares. There is no shared voting or shared dispositive power reported with respect to any Addentax securities in this Schedule 13D.

What is the stated purpose of Or Shan Shan’s investment in Addentax Group Corp. (ATXG)?

The Schedule 13D explains that Or Shan Shan acquired the Addentax shares for investment purposes in connection with the Time is Loan Ltd. acquisition. The filer currently has no specific Item 4(a)–(j) plans, but may evaluate the investment and adjust holdings over time.

When were the Addentax (ATXG) shares issued to Or Shan Shan and under what agreement?

Addentax issued 137,790 common shares to Or Shan Shan on May 15, 2026. The issuance occurred in a privately negotiated share exchange transaction governed by a stock purchase agreement tied to Addentax’s acquisition of 100% of Time is Loan Ltd.