Addentax Group Corp. completed its acquisition of GW Reader Holding Limited on 2025-09-02, according to the Form 8-K/A Addentax Group Corp. filed with the SEC on 2026-05-18. The filing states a price of $5.5 million.
| Acquirer | Addentax Group Corp. |
|---|---|
| Acquired | GW Reader Holding Limited |
| Completed | 2025-09-02 |
| Price stated in the filing | $5.5 million |
| Reported by | Addentax Group Corp. (ATXG), the buyer |
| Filing | Form 8-K/A, filed 2026-05-18 |
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What the filing says
On September 2, 2025, Keemo Fashion completed the acquisition of GW Reader Holding.
The price, in the filing's words
The aggregate purchase price for the acquisition was approximately $5.5 million, which was satisfied through the transfer of a portion of an existing bond held by the Company.
More from the filing
Completion of Acquisition of Assets On March 30, 2026, the Buyer, completed the acquisition of 34,200,000 Shares of Keemo Fashion, from the Seller, pursuant to the Agreement, which was previously disclosed in the Company's Current Report on Form 8-K and Current Report on Form 8-K/A Amendment No. 1 filed on February 19, 2026 and March 16, 2026, respectively.
In connection with the consummation of the acquisition, the Company transferred a portion of such bond at closing, in the principal amount of approximately $5.5 million, to the Seller (or its designated counterparty) as consideration for the Shares.
Following the completion of the acquisition, the Company holds approximately 62.18% of the voting rights of the issued and outstanding shares of Keemo Fashion, on a fully diluted basis, and Keemo Fashion has become a controlled subsidiary of the Company.
Quoted from Addentax Group Corp.'s Form 8-K/A.
This is the only completed acquisition Addentax Group Corp. reported under Item 2.01 in the last twelve months.
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Get the free SnapshotWhere this comes from
A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.
Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.
