AiCoin|Feb 11, 2026 02:26
[Addentax Signs Memorandum of Understanding for $200 Million Equity Financing]
Nasdaq-listed company Addentax Group announced that it has signed a memorandum of understanding with two investment institutions to issue common stock at a price of $1.50 per share, raising $200 million to support business growth in the fields of artificial intelligence and cryptocurrency financial services. Last year, Addentax proposed a long-term investment and holding strategy for crypto assets, planning to acquire up to 12,000 Bitcoins and cryptocurrencies such as TRUMP.
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