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$5.5M deal gives Addentax control of Keemo Fashion Group (KMFG)

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K/A

Rhea-AI Filing Summary

Keemo Fashion Group Limited filed an amended report to correct a technical tagging error, clarifying that its recent disclosure falls under “Other Events.” The filing describes a stock purchase agreement dated February 17, 2026, between Guang Wen Global Limited and Addentax Group Corp..

Under this agreement, Addentax agreed to acquire 34,200,000 common shares of Keemo Fashion for an aggregate purchase price of about $5.5 million, to be paid by transferring a portion of an existing bond. The bond has an original principal of US$17,500,000, carries 2.5% annual interest, and a one-year renewable term. Closing is expected by May 1, 2026, after which Addentax will hold approximately 62.18% of the company’s voting rights on a fully diluted basis, becoming the controlling shareholder.

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Insights

Keemo Fashion discloses a change of control via a $5.5M share deal.

The filing outlines a transaction where Addentax Group Corp. will acquire 34,200,000 Keemo Fashion common shares for about $5.5 million, using a partial transfer of a bond originally sized at US$17,500,000 with 2.5% annual interest and a one‑year renewable term.

Once the deal closes, expected by May 1, 2026, Addentax will hold roughly 62.18% of the company’s voting rights on a fully diluted basis, becoming the controlling shareholder. This indicates a shift in corporate control and potentially future strategic direction, though specific post‑transaction plans are not detailed in the excerpt.

The amendment itself is administrative, correcting an item number from 5.01 to 8.01, and does not alter the underlying economic terms. Future company filings may describe how governance structures, management roles, or business strategy evolve under the new controlling holder.

Item 5.01 Changes in Control of Registrant Governance
A change in control of the company occurred, such as through a merger, takeover, or management buyout.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
true 0001935033 0001935033 2026-02-19 2026-02-19 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K/A

 

(Amendment No. 1)

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 19, 2026 (February 17, 2026)

 

KEEMO FASHION GROUP LIMITED

(Exact name of registrant as specified in its charter)

 

Nevada   333-267967   32-0686375

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

69 Wanke Boyu, Xili Liuxin 1st Rd, Nanshan District, Shenzhen, Guangdong 518052, China

(Address of principal executive offices)(Zip Code)

 

(+86) 176-1282-2030

Registrant’s telephone number, including area code:

 

N/A

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name on each exchange on which registered
N/A   N/A   N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging Growth Company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Explanatory Note

 

This Current Report on Form 8-K/A amends the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 19, 2026 (the “Original Form 8-K”). Following the submission of the Original Form 8-K, the Company discovered that an incorrect item number was inadvertently tagged in the submission (Item 8.01 should have been tagged instead of Item 5.01). The Company is amending the Original Form 8-K for the sole purpose of correcting the item tag.

 

 
 

 

KEEMO FASHION GROUP LIMITED is referred to herein as “we”, “our”, or “us”.

 

Item 8.01 Other Events.

 

On February 17, 2026, a Stock Purchase Agreement was entered into between Guang Wen Global Limited (the “Seller”) and Addentax Group Corp. (the “Purchaser”), wherein the Purchaser purchased 34,200,000 shares of Common Shares, par value $0.001 per share (the “Shares”), of Keemo Fashion Group Limited, a Nevada corporation (the “Company”). The acquisition will close by May 1, 2026 upon which the Seller shall convey and deliver to the Buyer, and the Buyer shall purchase and accept from the Seller, the Shares. The aggregate purchase price for the acquisition was approximately $5.5 million and the purchase consideration shall be satisfied by utilizing a portion of an existing bond held by the Company. The bond issued pursuant to a note subscription arrangement dated August 24, 2023, with an original principal amount of US$17,500,000, bearing interest at a rate of 2.5% per annum, with a one-year tenor (renewable), and governed by the laws of the State of New York. In connection with the partial bond transfer, the Seller and the Purchaser entered into a bond transfer agreement whereby the Purchaser shall split and transfer a portion, approximately US$5.5 million, of an existing bond to the Seller (or its designated counterparty) as consideration for the acquisition. After the acquisition, the Purchaser shall became an approximately 62.18% holder of the voting rights of the issued and outstanding shares of the Company, on a fully-diluted basis, and became the controlling shareholder.

 

The foregoing description of the Agreement is qualified in its entirety by reference to the full text of the of the stock transfer agreement and bond transfer agreement thereof, which is attached as Exhibits 10.1 and 10.2 hereto and incorporated by reference herein.

 

Safe Harbor Statement

 

This Form 8-K contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “is expected to,” “anticipates,” “aim,” “future,” “intends,” “plans,” “believes,” “are likely to,” “estimates,” “may,” “should” and similar expressions. Such forward-looking statements include, without limitation, the consummation of the transaction discussed hereunder, and comments by the management about the benefits of these transactions. All statements other than statements of historical fact in this Form 6-K are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.    
10.1   Stock Purchase Agreement dated February 17, 2026
10.2   Bond Transfer Agreement dated February 18, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: March 6, 2026  
   
KEEMO FASHION GROUP LIMITED  
     
By: /s/ Liu Lu  
  Liu Lu  
  Chief Executive Officer, President, Secretary, Treasurer, Director (Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer)  

 

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FAQ

What major transaction did Keemo Fashion Group (KMFG) disclose?

Keemo Fashion Group disclosed a stock purchase agreement where Addentax Group Corp. will acquire 34,200,000 common shares for about $5.5 million. The deal uses a partial transfer of an existing bond as consideration rather than a separate cash payment.

Who will control Keemo Fashion Group (KMFG) after the share purchase?

After the acquisition closes, Addentax Group Corp. will hold approximately 62.18% of Keemo Fashion Group’s voting rights on a fully diluted basis. This ownership level makes Addentax the company’s controlling shareholder with significant influence over corporate decisions.

How is the $5.5 million purchase price for KMFG shares being paid?

The roughly $5.5 million purchase price will be satisfied by splitting and transferring a portion of an existing bond. That bond originally had US$17,500,000 principal, bears 2.5% annual interest, and has a one‑year renewable term governed by New York law.

When is the Keemo Fashion (KMFG) share acquisition expected to close?

The stock purchase agreement states the acquisition will close by May 1, 2026. At closing, the seller will convey the 34,200,000 shares to Addentax Group Corp., and Addentax will become the controlling shareholder of Keemo Fashion Group Limited.

What did the amendment change in Keemo Fashion Group’s KMFG filing?

The amendment corrects an administrative tagging error by changing the referenced item from Item 5.01 to Item 8.01. It does not modify the transaction terms, only clarifies the proper disclosure category for the already described stock purchase and bond transfer agreements.

Filing Exhibits & Attachments

5 documents