Addentax Group explores potential $200 million equity investment

Addentax Group Corp. (NASDAQ: ATXG) announced it entered into non-binding memorandums of understanding with two institutional investors regarding a potential strategic equity investment of up to $200 million at a proposed price of $1.50 per share.

The company disclosed the MOUs on February 10, 2026, stating the agreements reflect preliminary understanding between the parties. The memorandums provide that parties will work to negotiate and execute definitive agreements within six months.

Any potential transaction remains subject to multiple conditions, including execution of definitive agreements, completion of customary due diligence, receipt of required regulatory and stock exchange approvals, and other standard closing conditions.

The company emphasized that no assurance exists that definitive agreements will be executed or that any transaction will be completed. The information was disclosed in a Current Report on Form 8-K filed with securities regulators.

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