Linkers Industries completes cashless warrant exercise

Linkers Industries Limited (NASDAQ: LNKS) announced that all series B cashless warrants to purchase Class A ordinary shares have been fully exercised. The Malaysia-based wire and cable harness manufacturer disclosed the completion in a statement.

The cashless warrants were issued in March 2026 during a public offering that raised approximately $16 million in gross proceeds before fees and expenses. The warrants were exercised using a zero exercise price option.

Following the warrant exercise and a 250-for-1 reverse share split effective April 6, 2026, the company now has 1,521,376 Class A ordinary shares and 250,000 Class B ordinary shares outstanding. Each share carries a par value of $0.0025.

Linkers Industries manufactures and supplies wire and cable harnesses from its operations in Malaysia. The company serves global manufacturers and original equipment manufacturers in home appliances, industrial products and automotive industries, primarily in the Asia Pacific region.

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