Linkage Global Inc

Linkage Global Inc (UZX) News & Events

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UZX News

UZX Events

9/29 17:00

Linkage Global Terminates $20M Investment Agreement with Capital Finance

Linkage Global announced that the non-binding term sheet dated September 12 between the company and Capital Finance Limited relating to a proposed strategic equity investment of up to $20M was terminated effective September 28. The parties will not proceed with the proposed transaction. No definitive securities purchase agreement was entered into, and no securities were issued or funds received in connection with the proposed transaction. Linkage Global remains focused on its core business operations and will continue to evaluate strategic and financing opportunities that it believes may advance the interests of the company and its shareholders.

9/18 20:00

Linkage Global Inc Trading Halted, News Pending

Linkage Global Inc trading halted, news pending

9/17 07:00

Linkage Global Shareholders Approve 23-for-1 Share Consolidation

Linkage Global's shareholders approved on September 8 that the authorized, issued, and outstanding ordinary shares of the company be consolidated on a 23 for 1 ratio. The objective of the share consolidation is to enable the company to regain compliance with Nasdaq Marketplace Rules and maintain its listing on Nasdaq. With the opening of trading on September 21, the company's Class A ordinary shares will trade on Nasdaq on a split-adjusted basis, under the same symbol "UZX" but under a new CUSIP number, G5500B136. The share consolidation will have the effect of reducing the number of authorised Class A ordinary shares from 998M Class A ordinary shares with a par value of $0.0025 per share to 43,391,304.3478261 Class A ordinary shares with a par value of $0.0575 per share; authorised Class B ordinary shares from 12M Class B ordinary shares with a par value of $0.0025 per share to 521,739.130434783 Class B ordinary shares with a par value of $0.0575 per share; issued and outstanding Class A ordinary shares from 69,732,831 Class A ordinary shares with a par value of $0.0025 per share to approximately 3,031,862 Class A ordinary shares with a par value of $0.0575 per share; and issued and outstanding Class B ordinary shares from 7M Class B ordinary shares with a par value of $0.0025 per share to approximately 304,348 Class B ordinary shares with a par value of $0.0575 per share.

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