Keemo Fashion Group Ltd has filed an amended Form 8-K/A with the Securities and Exchange Commission (SEC) to correct a typographical error in a previous filing dated March 6, 2026. The amendment pertains to a Stock Purchase Agreement entered into on February 17, 2026, between Guang Wen Global Group Limited (the 'Seller') and Addentax Group Corp. (the 'Purchaser'). Under this agreement, the Purchaser is set to acquire 34,200,000 shares of common stock of Keemo Fashion Group for approximately $5.5 million. The purchase will be finalized by May 1, 2026, with the payment being satisfied through a portion of an existing bond held by the Company. This bond was issued under a note subscription arrangement dated August 24, 2023, with an original principal amount of $17.5 million and an interest rate of 2.5% per annum. Following the acquisition, the Purchaser will hold approximately 62.18% of the voting rights of the Company, thereby becoming the controlling shareholder. The amendment is purely administrative and does not affect the terms of the agreement or the anticipated closing of the transaction.
Press Release distribution
National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.