Form 8-K
8-K — ADDENTAX GROUP CORP.
Accession: 0001493152-26-013202
Filed: 2026-03-27
Period: 2026-03-24
CIK: 0001650101
SIC: 7330 (SERVICES-MAILING, REPRODUCTION, COMMERCIAL ART & PHOTOGRAPHY)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
Documents
8-K — form8-k.htm (Primary)
EX-10.1 (ex10-1.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: form8-k.htm · Sequence: 1
false
0001650101
0001650101
2026-03-24
2026-03-24
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
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): March 24, 2026
Addentax
Group Corp.
(Exact
name of registrant as specified in its charter)
Nevada
001-41478
35-2521028
(State
or other jurisdiction
of
incorporation)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
Kingkey 100, Block A, Room 4805,
Luohu
District, Shenzhen City, China
518000
(Address
of principal executive offices)
(Zip
Code)
+(86)
755 86961 405
(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 Instructions 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
of each exchange on which registered
Common
Stock, par value $0.001 per share
ATXG
Nasdaq
Capital Market
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. ☐
Item
5.02 Departure of Directors or Certain Officer; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On
March 24, 2026, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of Addentax Group
Corp. (the “Company”), pursuant to the Company’s 2024 Equity Incentive Plan (the “Plan”), approved
awards of fully vested shares of the Company’s common stock to certain executive officers. Specifically, the Compensation
Committee approved an award of 1,000,000 shares to Wu Rui, the Company’s Chief Operating Officer, and an award of 183,335
shares to Hong Zhida, the Company’s President, Chief Executive Officer, Secretary and Director (collectively, the
“Grants”).
The
grant date for the Grants is expected to be April 8, 2026, and the Grants will be fully vested and non-forfeitable
as of such date. As previously reported in the Company’s Current Report on Form 8-K filed on March 26, 2026, the Company
expects its 1-for-15 reverse stock split to be effective as of March 30, 2026 (the “Reverse Stock Split”). The number of
shares subject to the Grants will be proportionately adjusted to give effect to the Reverse Stock Split.
The
Grants were made as part of the Company’s overall compensation program and in recognition of the recipients’ services to
the Company.
The
Grants are subject to the terms and conditions of the Plan and the Company’s Share Award Agreement, a form of which is filed as
Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The foregoing description of the Grants and
the Share Award Agreement is qualified in its entirety by reference to the full text of such documents.
Item
9.01 Financial Statements and Exhibits.
Exhibit
No.
10.1
Form of Share Award Agreement under Addentax Group Corp. 2024 Equity Incentive Plan.
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document)
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.
Addentax
Group Corp.
Date:
March 27, 2026
By:
/s/
Hong Zhida
Hong
Zhida
Chief
Executive Officer
EX-10.1
EX-10.1
Filename: ex10-1.htm · Sequence: 2
Exhibit
10.1
ADDENTAX
GROUP CORP.
Share
Award Agreement
This
Share Award Agreement (this “Agreement”) is made as of [ ], 2026, between [ ] (the “Recipient”) and Addentax
Group Corp. (the “Company”).
In
consideration of the mutual promises and covenants contained in this Agreement, and for other valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
1.
Award of Shares. Subject to the terms and conditions hereinafter set forth and the terms and conditions of The 2024 Equity Incentive
Plan of Addentax Group Corp., as it may be amended from time to time (the “Plan”), the Company hereby awards to the Recipient,
effective as of the date of this Agreement (the “Grant Date”), [ ] of its shares of common stock, par value $0.001 per share
(“Common Stock”). The shares of Common Stock so awarded are hereinafter referred to as the “Shares,” which term
shall also include any shares of the Company issued to the Recipient by virtue of his or her ownership of the Shares, by share dividend,
share split or combination, recapitalization or otherwise.
2.
Vesting; Forfeiture of Shares. The Company hereby confirms that the Shares are 100% vested and non-forfeitable as of the Grant
Date.
3.
Legends. The Shares awarded under this Agreement may bear or contain, as applicable, such legends and notations as may be required
by the Plan or the Company’s certificate of incorporation, any applicable supplement thereto or bylaws, each as in effect from
time to time, or as the Company may otherwise determine appropriate.
Promptly
following the request of the Recipient with respect to any Shares (or any other shares of Common Stock previously awarded to the Recipient),
the Company shall take, at its sole cost and expense, all such actions as may be required to permit the Recipient to sell such shares
including, as applicable and without limitation, providing to the Company’s transfer agent certificates of officers of the Company,
and opinions of counsel and/or filing an appropriate registration statement, and taking all such other actions as may be required to
remove the legends set forth above with respect to transfer and vesting restrictions from the certificates evidencing such shares and,
if applicable, from the share books and records of the Company. The Company shall reimburse the Recipient, promptly upon the receipt
of a request for payment, for all expenses (including legal expenses) reasonably incurred by the Recipient in connection with the enforcement
of the Recipient’s rights under this paragraph.
4.
Tax Withholding. To the extent required by law, the Company shall withhold or cause to be withheld income and other taxes incurred
by the Recipient by reason of an award of shares of Common Stock, and the Recipient agrees that he or she shall upon the request of the
Company pay to the Company an amount sufficient to satisfy his or her tax withholding obligations . The Company shall have the right,
in its sole discretion, to satisfy any such tax withholding obligations by withholding a number of Shares otherwise deliverable to the
Recipient having a fair market value equal to the amount required to be withheld.
5.
Miscellaneous.
(a)
Amendments. Neither this Agreement nor any provision hereof may be changed or modified except by an agreement in writing executed
by the Recipient and the Company; provided, however, that any change or modification that does not materially adversely affect the rights
hereunder of the Recipient, as they may exist immediately prior to the effective date of such change or modification, may be adopted
by the Company without an agreement in writing executed by the Recipient, and the Company shall give the Recipient written notice of
such change or modification reasonably promptly following the adoption of such change or modification.
(b)
Binding Effect of the Agreement. This Agreement shall inure to the benefit of, and be binding upon, the Company, the Recipient
and their respective estates, heirs, executors, transferees, successors, assigns and legal representatives.
(c)
Provisions Separable. In the event that any of the terms of this Agreement shall be or become or is declared to be illegal or
unenforceable by any court or other authority of competent jurisdiction, such terms shall be null and void and shall be deemed deleted
from this Agreement, and all the remaining terms of this Agreement remain in full force and effect.
(d)
Notices. Any notice in connection with this Agreement shall be deemed to have been properly delivered if it is in writing and
is delivered by hand or by facsimile or sent by registered certified mail, postage prepaid, to the party addressed as follows, unless
another address has been substituted by notice so given:
To
the Recipient:
To
the Recipient’s address as set forth on the signature page hereof.
To
the Company:
Addentax
Group Corp.
Kingkey
100, Block A, Room 4805
Luohu
District, Shenzhen City
China
518000
Attn:
Secretary
(e)
Construction. The headings and subheadings of this Agreement have been inserted for convenience only, and shall not affect the
construction of the provisions hereof. All references to sections of this Agreement shall be deemed to refer as well to all subsections
which form a part of such section.
(f)
Employment Agreement. This Agreement shall not be construed as an agreement by the Company or any Affiliate of the Company to
employ the Recipient, nor is the Company or any Affiliate of the Company obligated to continue employing the Recipient by reason of this
Agreement or the award of the Shares to the Recipient hereunder.
(g)
Applicable Law. This Agreement shall be construed and enforced in accordance with the laws of the State of New York, without giving
effect to the principles of conflicts of law of such state.
(h)
Binding Arbitration. Any disputes regarding this Agreement, any award or vesting of shares of Common Stock and/or any related
matters shall be settled by binding arbitration in accordance with any Mutual Agreement to Resolve Disputes and Arbitrate Claims between
the Recipient and the Company. In the absence of such an agreement, any such claims or disputes shall be resolved through binding arbitration
before one arbitrator conducted under the rules of JAMS in New York, New York.
(i)
Clawback. Notwithstanding any other provision of this Agreement, the Shares (and any proceeds from the sale thereof) shall be
subject to any clawback or recoupment policy adopted by the Company to comply with applicable law (including the Dodd-Frank Wall Street
Reform and Consumer Protection Act) and the rules of any national securities exchange on which the Company’s securities are listed.
(j)
Insider Trading Compliance. The Recipient’s right to sell or transfer the Shares is subject to the Company’s Insider
Trading Policy, as in effect from time to time, including any applicable blackout periods or pre-clearance requirements.
IN
WITNESS WHEREOF, the parties hereto have executed this Agreement, or caused this Agreement to be executed under seal, as of the date
first above written.
ADDENTAX
GROUP CORP.
By:
Name:
Zhida
Hong
Title:
Chief
Executive Officer
RECIPIENT:
[ ]
Address:
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 7
v3.26.1
Cover
Mar. 24, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
Mar. 24, 2026
Entity File Number
001-41478
Entity Registrant Name
Addentax
Group Corp.
Entity Central Index Key
0001650101
Entity Tax Identification Number
35-2521028
Entity Incorporation, State or Country Code
NV
Entity Address, Address Line One
Kingkey 100, Block A
Entity Address, Address Line Two
Room 4805
Entity Address, Address Line Three
Luohu
District
Entity Address, City or Town
Shenzhen City
Entity Address, Country
CN
Entity Address, Postal Zip Code
518000
City Area Code
+(86)
Local Phone Number
755 86961 405
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common
Stock, par value $0.001 per share
Trading Symbol
ATXG
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 2 such as Street or Suite number
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine2
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 3 such as an Office Park
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine3
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
ISO 3166-1 alpha-2 country code.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCountry
Namespace Prefix:
dei_
Data Type:
dei:countryCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration