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Addentax to gain 62.18% control of Keemo Fashion (KMFG) in $5.5M deal

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

Rhea-AI Filing Summary

Keemo Fashion Group Limited filed an amended report to correct a typographical error in the seller’s name tied to a previously disclosed share sale. The filing restates that on February 17, 2026, Guang Wen Global Group Limited agreed to sell 34,200,000 common shares of Keemo to Addentax Group Corp. for an aggregate purchase price of about $5.5 million, to be paid via transfer of a portion of an existing bond. The transaction is expected to close by May 1, 2026, after which Addentax would hold roughly 62.18% of the Company’s voting rights on a fully diluted basis, becoming the controlling shareholder.

Positive

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Negative

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Insights

Filing confirms change-of-control terms via bond-funded share purchase.

The filing clarifies a prior amendment and reiterates terms of a stock purchase where Addentax Group Corp. will acquire 34,200,000 Keemo common shares for about $5.5 million. Consideration comes from splitting an existing $17,500,000 bond issued under a 2023 note subscription.

Once the deal closes by May 1, 2026, Addentax is expected to control about 62.18% of voting rights on a fully diluted basis, effectively becoming Keemo’s controlling shareholder. This implies potential strategic and governance changes after completion, though specific post-closing plans are not described in the excerpt.

The transaction depends on consummation of both the stock purchase agreement and linked bond transfer agreement, referenced as Exhibits 10.1 and 10.2. Future company filings after closing would be the logical place to look for any updated business strategy or changes to board and management structures.

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. 2)

 

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/A filed with the Securities and Exchange Commission on March 6, 2026 (the “Original Form 8-K”). Following the submission of the Form 8-K/A, the Company discovered that a typographical error contained therein regarding the name of the seller. The Company is amending the Form 8-K/A for the sole purpose of correcting the typographical error.

 

 

 

 

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 Group 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 16, 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)  

 

3

 

 

FAQ

What transaction involving KMFG is described in this amended filing?

The filing describes a stock purchase where Addentax Group Corp. agreed to buy 34,200,000 common shares of Keemo Fashion Group Limited for about $5.5 million, using a portion of an existing bond as consideration, subject to closing conditions.

How will the Addentax transaction affect control of Keemo Fashion Group (KMFG)?

After the acquisition closes, Addentax Group Corp. is expected to hold approximately 62.18% of Keemo Fashion Group’s voting rights on a fully diluted basis, making Addentax the company’s controlling shareholder, with significant influence over corporate decisions and governance.

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

The $5.5 million purchase price is being satisfied through a partial transfer of an existing bond with an original principal of $17,500,000, bearing 2.5% annual interest. Addentax will split and transfer roughly $5.5 million of this bond to the seller under a bond transfer agreement.

When is the KMFG share acquisition by Addentax expected to close?

The acquisition is expected to close by May 1, 2026. At closing, Guang Wen Global Group Limited will convey 34,200,000 Keemo Fashion Group common shares to Addentax Group Corp., which will then become the holder of a controlling voting stake in the company.

What is the purpose of this KMFG amendment to the earlier report?

The amendment’s stated purpose is to correct a typographical error regarding the seller’s name in an earlier version of the report. It does not change the economic terms of the stock purchase or bond transfer agreements described in the prior filing.

What are the key terms of Keemo Fashion Group’s existing bond mentioned in the filing?

The bond used as consideration has an original principal amount of US$17,500,000, carries interest at 2.5% per year, and originally had a one-year, renewable tenor under New York law. Approximately US$5.5 million of this bond will be transferred as payment for the Keemo shares.

Filing Exhibits & Attachments

5 documents