ATXG sticks close to $4 after fresh 13D holder shows up
Addentax Group shares hovered near $4.30 Thursday after a 7.4% drop, as filings showed Or Shan Shan now owns 13.81% following Addentax’s all-stock acquisition of Time Is Loan Ltd. Another filing confirmed Addentax bought 62.18% of Keemo Fashion for $5.5 million. ATXG closed at $4.26 Wednesday on light volume. The company recently completed a 1-for-15 reverse stock split and posted a $4.7 million net loss for nine months.
