On February 11, Nasdaq-listed Addentax Group announced that it signed Memoranda of Understanding (MOUs) with two institutional investors on February 9, 2026. The parties reached a preliminary agreement on a potential strategic equity investment of up to $200 million to support the company's business growth in the fields of artificial intelligence (AI) and cryptocurrency financial services.
According to the MOUs, subject to further negotiations and the signing of a definitive agreement, each investor intends to subscribe for newly issued common shares of ATXG at a fixed price of US$1.50 per share, with a maximum investment of US$100 million per investor.
US-listed company Addentax plans to raise $200 million to support its cryptocurrency and AI strategy.
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