The acquisition is small-scale and the consideration (137,790 shares) represents modest dilution relative to a $4M market cap company. No financials of the target were disclosed, making it impossible to assess accretion or strategic value. Monitor the next 10-Q for initial contribution from Time Is Loan Limited and any associated goodwill or intangible assets.
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Executive Summary
Addentax Group Corp. completed the acquisition of 100% of Time Is Loan Limited, a Hong Kong company, via a share exchange agreement. The acquisition was paid for with 137,790 newly issued shares of common stock, issued in an unregistered offshore transaction under Regulation S. The deal was previously announced on April 22, 2026, and this 8-K confirms its closing on May 15, 2026.
Key Facts
- Acquisition of 100% of Time Is Loan Limited completed on May 15, 2026.
- Purchase consideration: 137,790 shares of common stock issued to seller Ms. OR Shan Shan.
- Shares issued under Regulation S exemption (offshore, non-U.S. person).
- Deal was previously disclosed in an 8-K filed April 28, 2026.
- No financial terms (revenue, earnings, or valuation of target) disclosed in this filing.
Financial Impact
137,790 shares issued as consideration; no dollar value disclosed for the target or the shares.
Risk Factors
- No financial details of the acquired entity disclosed — risk of undisclosed liabilities or poor performance.
- Dilution from 137,790 new shares, though likely small relative to outstanding shares.
- Cross-border acquisition (Hong Kong target) may introduce currency or regulatory risks.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-024182 |
| Document: 0001493152-26-024182-index-headers.html | 0001493152-26-024182 |
| Document: 0001493152-26-024182-index.html | 0001493152-26-024182 |
| Document: 0001493152-26-024182.txt | 0001493152-26-024182 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 27d ago | 8-K | $3.69 $3.26 | ▲ +11.65% | ▲ +13.57% | $2.75 (+25.47%) |
Sep 25, 2026 4w ago | SC 13G | $3.60 $3.28 | ▼ −8.89% | ▼ −8.67% | $2.75 (−23.61%) |
Sep 14, 2026 6w ago | 8-K | $3.80 $3.50 | ▲ +7.89% | ▲ +8.00% | $2.75 (+27.63%) |
May 21, 2026 22w ago | 8-K | $4.31 $4.41 | ▲ +2.32% | ▲ +0.66% | $2.75 (−36.19%) |
May 18, 2026 23w ago | 8-K | $4.60 $4.24 | ▼ −7.83% | ▼ −10.12% | $2.75 (−40.22%) |
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