UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address of principal executive offices)
Registrant’s
telephone number, including area code:
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 | ||
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 8.01 Other Events.
As previously disclosed, on April 24, 2024, the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notified Addentax Group Corp. (the “Company”) that it was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”), and that the Company had 180 calendar days, or until October 21, 2024, to regain compliance with the Minimum Bid Price Requirement. Also as previously disclosed, on October 22, 2024, the Staff granted an additional 180 calendar days, or until April 21, 2025, for the Company to regain compliance with the Minimum Bid Price Requirement. On February 24, 2025, the Company received a letter from the Staff providing that for the last 10 consecutive business days, from February 7, 2025 to February 21, 2025, the closing bid price of the Company’s common stock had been at $1.00 per share or greater, therefore the Company had regained compliance with the Minimum Bid Price Requirement, and that this matter is now closed.
On March 3, 2025, the Company issued a press release announcing that it regained compliance with Nasdaq listing requirements.
The full text of the press release is attached to this current report on Form 8-K as Exhibit 99.1
Item 9.01. Exhibits.
The exhibits filed or furnished with this report are listed in the following Exhibit Index:
Exhibit No. | Description | |
99.1 | Press Release, dated March 3, 2025. | |
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 3, 2025 | By: | /s/ Hong Zhida |
Hong Zhida | ||
Chief Executive Officer |