Linkers Industries Limited (NASDAQ: LNKS) has priced a best-efforts public offering expected to generate approximately $16 million in gross proceeds. The offering involves the sale of 23,088,023 units at $0.693 per unit, with each unit consisting of one Class A ordinary share or pre-funded warrant and accompanying Series A and Series B warrants.
The company stated that a portion of the proceeds will support a potential increase in its equity stake in LPW Electronics Co. Ltd., where it currently holds a 20% interest. The remaining funds will be allocated to capital expenditures, working capital, and general corporate purposes. The closing of the offering is expected on or about March 24, 2026.
Linkers Industries Limited is a manufacturer and supplier of wire and cable harnesses with operations in Malaysia and over two decades of industry experience. The company provides customized wire harnesses for various applications and electrical designs, serving global brand name manufacturers and original equipment manufacturers primarily in the Asia Pacific region across home appliances, industrial products, and automotive industries. More information about the company is available at https://www.linkers-hk.com/.
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The full press release regarding the offering is accessible at https://ibn.fm/ouEIX. Terms of use and disclaimers applicable to all content provided by InvestorWire are available on their website.
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