Linkers Industries Limited Announced Closing of Initial Public Offering [Yahoo! Finance]
Linkers Industries Limited (LNKS)
Company Research
Source: Yahoo! Finance
harnesses with operation in Malaysia, today announced the closing of its initial public offering (the “Offering”) of 1,900,000 Class A ordinary shares (“Class A Ordinary Shares”), at a price of $4.00 per Ordinary Share (the “Offering Price”). The Class A Ordinary Shares began trading on the Nasdaq Capital Market on December 5, 2024 under the symbol “LNKS”. The aggregate gross proceeds from the Offering were $7.6 million, before deducting underwriting discounts and other related expenses. The Company intends to use the net proceeds to acquire companies and/or form joint ventures within the value chain of the wire/cable harnesses industry; to purchase machinery/equipment; to promote marketing and set up global sales offices, particularly in the U.S.; and to fund working capital. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 285,000 Ordinary Shares, at the Offering Price, less underwriting discounts. The Offering was conducted
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LNKS
News
- Linkers Industries Limited Announced Closing of Initial Public OfferingGlobeNewswire
- Linkers Industries announces pricing of initial public offering and listing on Nasdaq [Seeking Alpha]Seeking Alpha
- Linkers Industries Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq [Yahoo! Finance]Yahoo! Finance
- Linkers Industries Limited Announces Pricing of Initial Public Offering and Listing on NasdaqGlobeNewswire
LNKS
Sec Filings
- 12/23/24 - Form 6-K
- 12/10/24 - Form 6-K
- 12/5/24 - Form 424B4
- LNKS's page on the SEC website