M&A - ADDENTAX GROUP CORP.

Form Type: 8-K

Filing Date: 2025-07-02

Corporate Action: Acquisition

Type: New

Accession Number: 000164117225017482

Filing Summary: On July 2, 2025, Addentax Group Corp. announced through a press release that it has entered into a non-binding term sheet with a Bitcoin holder. The agreement involves the potential acquisition of up to 12,000 Bitcoins. The details of this acquisition indicate a strategic move by the Company to enhance its asset portfolio in the cryptocurrency sector. A copy of the press release is included as Exhibit 99.1 to this report.

Form Type: 8-K

Filing Date: 2025-05-15

Corporate Action: Acquisition

Type: New

Accession Number: 000164117225010577

Filing Summary: On May 15, 2025, Addentax Group Corp. issued a press release regarding discussions with several substantial and influential cryptocurrency holders for the potential acquisition of up to 8,000 Bitcoins and other cryptocurrencies, including Official Trump, valued at approximately $800 million. The acquisition is expected to be made through the issuance of the Company’s common stock, although no definitive agreement has yet been reached.

Form Type: 8-K

Filing Date: 2025-01-13

Corporate Action: Acquisition

Type: New

Accession Number: 000149315225001877

Filing Summary: On January 8, 2025, Addentax Group Corp. entered into a securities purchase agreement to acquire 3,750,000 shares of common stock from Well Information Technology Corporation for USD $750,000, representing approximately 2.5% of Well InfoTech's common stock prior to the transaction. The agreement grants Addentax an option to purchase an additional 3,750,000 shares under the same terms within five years. Furthermore, Addentax will have the right to nominate one member to the board of directors of Well InfoTech. The transaction, approved by Addentax's Board on January 3, 2025, allows for reliance on exemptions under the Securities Act, and the shares were issued on January 12, 2025. A press release announcing the agreement was issued on January 13, 2025.