Linkers Industries Limited (NASDAQ: LNKS), a Malaysia-based manufacturer and supplier of wire and cable harnesses, announced that all Series B cashless warrants issued in its March 2026 public offering have been fully exercised. Following the exercise and the company’s 250-for-1 reverse share split effective April 6, 2026, Linkers Industries now has 1,521,376 Class A ordinary shares and 250,000 Class B ordinary shares issued and outstanding, reflecting the completion of the zero exercise price warrant conversion tied to its approximately $16 million financing.
The full exercise of the warrants underscores investor confidence in Linkers Industries' growth trajectory and its position in the wire and cable harnesses market. The company, with more than 20 years of experience, offers customized wire harnesses for various applications and electric designs. Its customers are primarily global brand name manufacturers and original equipment manufacturers in the home appliances, industrial products, and automotive industries, mainly based in the Asia Pacific Region.
This development is significant as it provides Linkers Industries with additional capital to support its operations and expansion plans. The company's manufacturing operations in Malaysia are strategically positioned to serve the growing demand in the region. The reverse stock split and warrant exercise also streamline the company's capital structure, potentially enhancing its appeal to institutional investors.
For more information, visit the full press release at https://ibn.fm/HPIAg and the company’s website at https://www.linkers-hk.com/.
