Pinnacle Partners (NASDAQ: ATXG) discloses Addentax stake
Rhea-AI Filing Summary
ADDENTAX GROUP CORP. (ATXG) has a significant shareholder reported on Schedule 13G. Pinnacle Partners Inc., organized in the British Virgin Islands, reports beneficial ownership of 250,000 shares of Addentax common stock. This represents 11.88% of the class, based on 2,105,058 shares outstanding as of August 19, 2026. Pinnacle Partners Inc. reports sole power to vote and to dispose of all 250,000 shares and no shared voting or dispositive power.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 250,000 shares
Ownership percentage: 11.88%
Shares outstanding: 2,105,058 shares
+4 more
7 metrics
Shares beneficially owned
250,000 shares
Common stock beneficially owned by Pinnacle Partners Inc.
Ownership percentage
11.88%
Percent of Addentax common stock class owned by Pinnacle Partners Inc.
Shares outstanding
2,105,058 shares
Common stock outstanding as of August 19, 2026 used for percentage calculation
Sole voting power
250,000 shares
Shares over which Pinnacle Partners Inc. has sole power to vote
Sole dispositive power
250,000 shares
Shares over which Pinnacle Partners Inc. has sole power to dispose
Shared voting power
0 shares
Shares with shared power to vote reported by Pinnacle Partners Inc.
Shared dispositive power
0 shares
Shares with shared power to dispose reported by Pinnacle Partners Inc.
Key Terms
Schedule 13G, beneficially owned, Sole Voting Power, Sole Dispositive Power
4 terms
Schedule 13G regulatory
"Pinnacle Partners Inc. filed a Schedule 13G reporting beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 250,000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 250,000.00"
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.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 250,000.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
FAQ
What percentage of Addentax Group Corp. (ATXG) does Pinnacle Partners Inc. own?
Pinnacle Partners Inc. reports owning 11.88% of Addentax Group Corp.’s common stock. This percentage is calculated using 2,105,058 shares outstanding as of August 19, 2026, as stated in the ownership disclosure.
What class of securities of ATXG is reported in this Schedule 13G?
The filing covers Common Stock of Addentax Group Corp. The disclosure identifies the title of the class of securities as common stock and provides the associated CUSIP number for this equity class.
AI-generated analysis. How Rhea-AI works. Not financial advice.