KEEMO Fashion Group Ltd 8-K

What Happened KEEMO Fashion Group Ltd filed an 8-K on March 30, 2026 announcing a change in control after Addentax Group Corp. (the Buyer) completed a stock purchase from Guang Wen Global Group Limited (the Seller). Under a Stock Purchase Agreement dated February 17, 2026, the Seller transferred 34,200,000 shares of KEEMO common stock to Addentax. The aggregate purchase price was approximately $5.5 million, satisfied by transferring a portion of an existing bond held by the Company (principal amount ≈ $5.5M) to the Seller at closing. Following the transaction, Addentax beneficially owns approximately 62.18% of the Company’s voting power on a fully diluted basis and has obtained control of the Company effective March 30, 2026.

Key Details

• Transaction closed and 8-K filed: March 30, 2026. Agreement dated February 17, 2026.
• Shares transferred: 34,200,000 shares of common stock.
• Consideration: ~ $5.5 million satisfied via transfer of a portion of an existing company-held bond (principal ≈ $5.5M).
• Ownership after closing: Addentax beneficially owns ~62.18% of voting power (fully diluted), giving it control.

Why It Matters A shift in majority voting control is a material corporate governance event. Because Addentax now holds a majority of KEEMO’s voting power, it can influence board composition, strategic direction, and major corporate decisions. Investors should note the payment structure (transfer of a company-held bond) and watch for follow-up filings (board or executive changes, strategic plans, or related party disclosures) that detail how the new controlling shareholder intends to manage the company.