Addentax Raises $2.5 Million in Regulation S Private Placement at $4.80 Per Share

Addentax Group entered into a Regulation S private placement to raise approximately $2.5 million. The company agreed to sell 520,834 shares of common stock at $4.80 per share to investor Chan Kai Sang, a non-U.S. person. Proceeds will be used for general corporate purposes, including working capita…