Linkers Industries Limited Prices $16 Million Public Offering to Fund Strategic Expansion

Linkers Industries Limited (NASDAQ: LNKS) has announced the pricing of a best-efforts public offering expected to generate approximately $16 million in gross proceeds. The offering involves the sale of 23,088,023 units, with each unit priced at $0.693. Each unit consists of one Class A ordinary share, or a pre-funded warrant in lieu thereof, and accompanying Series A and Series B warrants. The company indicated that closing of the offering is expected on or about March 24, 2026.

The company plans to allocate a portion of the net proceeds from this offering to support a potential increase in its equity stake in LPW Electronics Co. Ltd. Linkers Industries currently holds a 20% stake in LPW Electronics. The remaining balance of the proceeds is designated for capital expenditures, working capital, and other general corporate purposes. This strategic move highlights the company's focus on strengthening its position within its supply chain and investing in its operational capacity.

Linkers Industries Limited operates as a manufacturer and supplier of wire and cable harnesses, with manufacturing facilities located in Malaysia. The company has built its business over more than two decades, offering customized wire harness solutions for various applications and electrical designs. Its client base primarily consists of global brand name manufacturers and original equipment manufacturers, many of which are based in the Asia Pacific region and operate in sectors such as home appliances, industrial products, and automotive industries. For more information about the company, visit https://www.linkers-hk.com/.

The announcement was distributed through InvestorWire, a specialized communications platform that is part of the Dynamic Brand Portfolio at IBN. InvestorWire provides wire-grade press release syndication and a suite of corporate communications services aimed at enhancing market visibility for public and private companies. These services include article syndication to thousands of outlets, press release enhancement, and social media distribution. Further details about the service are available at https://www.InvestorWire.com. The full press release regarding Linkers Industries' offering can be accessed at https://ibn.fm/ouEIX.