Pinnacle Partners Inc. to acquire Addentax Group Corp.

Pinnacle Partners Inc. has agreed to acquire a minority stake in Addentax Group Corp. in a transaction valued at $1.2 million. The deal, announced on 28 July 2026, involves the purchase of shares in the US-based technology firm by the buyer, which is based in the British Virgin Islands. The consideration for this equity interest will be paid entirely in cash. This investment marks a significant financial commitment by Pinnacle Partners Inc. to the technology sector, specifically targeting Addentax Group Corp. as a strategic holding. The headline offer price reflects the agreed valuation for the minority stake being acquired in this specific transaction.

The transaction is currently at the firm intention stage. Both parties have expressed a clear commitment to proceed with the deal, although final completion has not yet been confirmed. The status indicates that negotiations are advanced and a definitive agreement is likely imminent. Regulatory approvals and other customary closing conditions will need to be satisfied before the transfer of shares can be completed. This development highlights the ongoing activity in cross-border technology investments from offshore financial centres into the United States market. The focus remains on the successful execution of this minority investment by the buyer.