Research Reports

Key takeaways

1-for-250 reverse split applies to Class A and B shares, no shareholder action required.

Post-split Class A shares trade on Nasdaq from April 6, 2026 under new CUSIP G5496W110, ticker LNKS remains.

Post-split, ~1.36M Class A and 250k Class B ordinary shares are expected outstanding.

Split raises par value to US$0.0025 per share, adjusts authorized share counts proportionally.

No fractional shares will be issued, fractional amounts rounded up to nearest whole share.

Split approved by board March 24, 2026, aimed at meeting Nasdaq minimum bid requirements.

Full analysis

Linkers Industries' 1-for-250 reverse share split is a proactive measure to meet Nasdaq's minimum bid price listing requirement, a critical priority to retain access to public capital markets. The split applies uniformly to all Class A and Class B ordinary shareholders, with no action required from holders to effect conversion of their shares. Fractional share interests resulting from the split will be rounded up to the nearest whole share, minimizing administrative burden for retail shareholders. The amendment to the company's memorandum and articles of association, filed as Exhibit 3.1, formalizes adjusted authorized share counts and par values post-split, approved by the board on March 24, 2026. Post-split trading under the existing LNKS ticker and new CUSIP G5496W110 will commence on April 6, 2026, with VStock Transfer, LLC acting as exchange agent for physical certificate exchanges.

LNKS · Linkers Industries Limited

Summary

Key takeaways

Full analysis