Addentax investor discloses 13.81% ownership stake
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.
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.
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Key Terms
beneficially owns financial
sole voting power financial
stock purchase agreement financial
privately negotiated transaction financial
investment purposes financial
FAQ
What ownership stake in Addentax Group Corp. (ATXG) does Or Shan Shan report?
What is the stated purpose of Or Shan Shan’s investment in Addentax Group Corp. (ATXG)?
AI-generated analysis. How Rhea-AI works. Not financial advice.