US Stock Exchange Listed Company Addentax Plans to Raise $200 Million to Support Cryptocurrency and AI Strategy

BlockBeats News, February 11th, Addentax Group, a Nasdaq-listed company, announced that on February 9, 2026, it had separately entered into memoranda of understanding with two institutional investors. The parties have reached preliminary consensus on a potential strategic equity investment, with a total investment amount of up to $200 million, to support the company's business growth in the fields of Artificial Intelligence (AI) and Cryptocurrency Financial Services.

According to the MOUs, subject to further negotiations and the signing of definitive agreements, each investor intends to subscribe to new ATXG common stock at a fixed price of $1.50 per share, with a maximum individual investment of up to $100 million.