Linkers Industries Limited - Class A Ordinary Shares (LNKS)

Linkers Industries Limited (NASDAQ: LNKS) announced it has entered into a non-binding memorandum of understanding to acquire additional equity interests in LPW Electronics Co. Ltd. in Thailand, which could raise its ownership from 20% to up to 49% if completed. The proposed transaction is intended to expand Linkers’ manufacturing capabilities and scale through LPW’s 6,500-square-meter facility serving multinational automotive and industrial customers. The deal remains subject to due diligence, a definitive agreement and required approvals, with management noting the potential acquisition could enhance earnings visibility and support the company’s growth as a multinational wire harness manufacturer.

Transaction would expand Linkers’ capabilities to better meet global demand of wire and cable harnesses

Linkers Industries Limited (NASDAQ: LNKS) announced the pricing of a best-efforts public offering expected to generate approximately $16 million in gross proceeds through the sale of 23,088,023 units priced at $0.693 per unit, each consisting of one Class A ordinary share (or pre-funded warrant) and accompanying Series A and Series B warrants. The company said proceeds will be used in part to support a potential increase in its equity stake in LPW Electronics Co. Ltd., where it currently holds 20%, with the balance allocated to capital expenditures, working capital and general corporate purposes, with closing expected on or about March 24, 2026.

Proceeds To Support Potential LPW Electronics Stake Increase and General Corporate Purposes; Closing Expected March 24, 2026

Linkers Industries Limited (NASDAQ: LNKS) announced that on Feb. 27, 2026, it received a notification letter from The Nasdaq Stock Market LLC confirming the company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). Nasdaq determined that Linkers maintained a closing bid price of at least $1.00 per ordinary share from Jan. 29, 2026, through Feb. 26, 2026, and the listing matter has been closed. The company’s Class A ordinary shares continue to trade on Nasdaq under the symbol “LNKS.”