AI Analysis
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Linkers Industries Limited announced a 1-for-250 reverse share split effective April 6, 2026, to maintain Nasdaq listing compliance.
Key Takeaways
11-for-250 reverse split applies to Class A and B shares, no shareholder action required.
2Post-split Class A shares trade on Nasdaq from April 6, 2026 under new CUSIP G5496W110, ticker LNKS remains.
3Post-split, ~1.36M Class A and 250k Class B ordinary shares are expected outstanding.
4Split raises par value to US$0.0025 per share, adjusts authorized share counts proportionally.
5No fractional shares will be issued, fractional amounts rounded up to nearest whole share.
6Split approved by board March 24, 2026, aimed at meeting Nasdaq minimum bid requirements.