Linkers Industries Plans 1-for-250 Reverse Split to Raise Par Value to US$0.0025
Linkers Industries will enact a 1-for-250 reverse share split on April 6, 2026, consolidating 250 shares into one, raising par value to US$0.0025 and reducing Class A shares outstanding to 1.36 million. The split aims to boost the post-split share price for Nasdaq Capital Market compliance and adjusts warrant ratios.
1. Reverse Split Details
Linkers Industries’ board approved a 1-for-250 reverse share split effective April 6, 2026, combining every 250 issued Class A or Class B shares into one post-split share. Trading of Class A shares on Nasdaq will commence under the existing symbol with a new CUSIP number.
2. Share Capital Adjustment
The split increases par value from US$0.00001 to US$0.0025 per share and adjusts authorized share counts to 3.75 million Class A and 250,000 Class B shares. Post-split, approximately 1,356,613 Class A and 250,000 Class B shares will be issued and outstanding.
3. Nasdaq Compliance Objective
The reverse split is designed to elevate the per-share trading price to meet the minimum bid requirement for continued listing on the Nasdaq Capital Market. Management expects the higher share price to prevent potential delisting.
4. Fractional Shares and Warrant Ratios
No fractional shares will be issued; any fraction will be rounded up and allocated to Cede & Co., nominee for DTC. The underlying shares for outstanding warrants will be proportionally adjusted to reflect the new share count.