Linkers Industries Limited (NASDAQ: LNKS), a Malaysia-based manufacturer and supplier of wire and cable harnesses, announced today that all Series B cashless warrants issued in its March 2026 public offering have been fully exercised. The exercise, combined with the company’s 250-for-1 reverse share split effective April 6, 2026, leaves Linkers Industries with 1,521,376 Class A ordinary shares and 250,000 Class B ordinary shares issued and outstanding. This completes the conversion of zero exercise price warrants tied to the company’s approximately $16 million financing.
The full exercise of the warrants provides Linkers Industries with additional capital without further dilution from the warrants themselves, strengthening its balance sheet as it continues operations. The company, with over 20 years of experience, specializes in customized wire harnesses for applications in home appliances, industrial products, and automotive industries. Its customers are primarily global brand name manufacturers and original equipment manufacturers based in the Asia Pacific Region.
This development is significant for investors as it finalizes the financial structure from the public offering, potentially reducing uncertainty around the company’s share count. The reverse stock split also aims to meet Nasdaq’s minimum bid price requirement, which may improve marketability of the shares. The full exercise of warrants indicates investor confidence in the company’s prospects.
For more details on the announcement, the full press release is available at https://ibn.fm/HPIAg. Information about Linkers Industries can be found on their website at https://www.linkers-hk.com/.
