STOCK TITAN

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

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Keemo Fashion Group Limited reported a change in control following a stock purchase by Addentax Group Corp. On February 17, 2026, Addentax agreed to buy 34,200,000 common shares of Keemo Fashion. The deal closed on May 1, 2026, making Addentax the controlling shareholder.

After the purchase, Addentax holds about 62.18% of the voting rights of Keemo Fashion’s issued and outstanding shares on a fully diluted basis. The aggregate purchase price was approximately $5.5 million, satisfied through a bond transfer in which Addentax split and transferred a corresponding portion of an existing bond to the seller.

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Insights

Keemo Fashion discloses a change in control via a $5.5M share acquisition.

The filing describes Addentax Group Corp. acquiring 34,200,000 common shares of Keemo Fashion Group Limited, becoming the controlling shareholder with roughly 62.18% of voting rights on a fully diluted basis. This is a fundamental ownership shift rather than an operational update.

The agreed aggregate purchase price is about $5.5 million, paid through a bond transfer instead of cash. Addentax uses a portion of an existing bond, splitting and transferring around $5.5 million of that bond to the seller as consideration. This structure affects the seller’s consideration mix but does not change Keemo’s stated cash position in the excerpt.

Key formal milestones include the Stock Purchase Agreement dated February 17, 2026, a Bond Transfer Agreement dated February 18, 2026, and closing on May 1, 2026. Future company filings may clarify any strategic or operational changes following this new control structure.

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 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

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.

 

 

 

 

 

 

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

 

Item 5.01 Changes in Control of Registrant.

 

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”). As a result, the Purchaser 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 of the Company. The transaction was completed on May 1, 2026 (the “Closing date”). 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 Purchaser. In connection with the partial bond transfer, the Purchaser and the Seller 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 as consideration for the acquisition.

 

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: February 19, 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 Limited (KMFG) disclose?

Keemo Fashion Group Limited disclosed a change of control transaction. Addentax Group Corp. purchased 34,200,000 common shares, becoming the controlling shareholder with about 62.18% of voting rights on a fully diluted basis, under a Stock Purchase Agreement dated February 17, 2026.

How much did Addentax Group Corp. pay for its Keemo Fashion (KMFG) stake?

Addentax Group Corp. agreed to pay approximately $5.5 million to acquire 34,200,000 Keemo Fashion common shares. The consideration is satisfied via a bond transfer, using a split portion of an existing bond rather than a direct cash payment to the seller.

When did the Keemo Fashion (KMFG) change-of-control deal close?

The change-of-control transaction for Keemo Fashion Group Limited closed on May 1, 2026. The underlying Stock Purchase Agreement was dated February 17, 2026, with a related Bond Transfer Agreement dated February 18, 2026, documenting the non-cash consideration structure.

What ownership level did Addentax reach in Keemo Fashion (KMFG)?

Following completion of the transaction, Addentax Group Corp. became an approximately 62.18% holder of Keemo Fashion’s voting rights. This percentage is calculated on a fully diluted basis, making Addentax the controlling shareholder of the Nevada-incorporated company.

How was the $5.5 million Keemo Fashion (KMFG) purchase price funded?

The roughly $5.5 million purchase price was funded via a bond transfer structure. Addentax Group Corp. split and transferred a portion, about $5.5 million, of an existing bond to the seller, Guang Wen Global Limited, as consideration for the Keemo Fashion shares.

Which agreements govern the Keemo Fashion (KMFG) control change?

The transaction is governed by two primary agreements: a Stock Purchase Agreement dated February 17, 2026, and a Bond Transfer Agreement dated February 18, 2026. These agreements detail the share transfer, consideration structure, and related bond split and transfer mechanics.

Filing Exhibits & Attachments

5 documents