Linkers Industries prices $16 million public offering

Linkers Industries Limited (NASDAQ: LNKS) announced the pricing of a best efforts public offering with gross proceeds of approximately $16 million before deducting placement agent fees and expenses.

The Malaysia-based wire and cable harness manufacturer will issue 23,088,023 units at $0.693 per unit. Each unit consists of one Class A ordinary share (or a pre-funded warrant), one Series A warrant exercisable at $0.7277 per share, and one Series B warrant exercisable at $1.1781 per share. Pre-funded units are priced at $0.69299.

The Series A and Series B warrants are exercisable immediately upon issuance and expire one year from their issuance date. Pre-funded warrants are exercisable immediately and expire when fully exercised. The securities are sold together but are immediately separable.

The company plans to use a portion of proceeds to finance potential acquisition of additional equity interests in LPW Electronics Co Ltd, where it currently owns 20% of outstanding shares. Remaining funds will support capital expenditures, operating capacity, working capital, general corporate purposes and potential business combinations or acquisitions.

The offering is expected to close on or about March 24, 2026. Univest Securities, LLC serves as sole placement agent.

The securities are offered pursuant to a registration statement on Form F-1 (File No. 333-294360) previously filed and declared effective by the Securities and Exchange Commission.

You May Also Be Interested In

• Jupiter Neurosciences prices $2M registered direct offering of shares
• Breeze Acquisition Corp. II gets Nasdaq notice for late 10-Q filings
• Andersen closes secondary offering of 4.9M shares at $44 each