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Globalink Investment Inc. (Nasdaq: GLLIU) announced that holders of its IPO units can separate their common stock, rights, and warrants starting December 22, 2021. The newly traded identifiers will be "GLLI" for common stock, "GLLIR" for rights, and "GLLIW" for warrants on Nasdaq. Units not separated will continue trading under "GLLIU." This move allows for flexibility in trading the components of the units, enhancing liquidity for investors. The units began trading on December 7, 2021, and the press release emphasizes compliance with securities laws.
Globalink Investment Inc. (Nasdaq: GLLIU) has announced the exercise of the underwriters' over-allotment option in its public offering, resulting in the issuance of an additional 1,500,000 units. Each unit comprises one share of common stock, one redeemable warrant, and one right to receive one-tenth of a share of common stock upon an initial business combination. The total gross proceeds from the offering now stand at $115,000,000. The company aims to use these funds for potential mergers or acquisitions in the technology sector.
Globalink Investment Inc. has successfully completed its initial public offering (IPO), raising $100 million by selling 10 million units at $10 each. Each unit comprises one share of common stock, a right to receive one-tenth of a share upon a business combination, and a redeemable warrant for half a share at $11.50. Trading under the ticker symbol GLLIU commenced on Nasdaq on December 7, 2021. Proceeds will be allocated toward potential mergers within the technology sector, particularly in e-commerce and payments across North America and Europe.
Globalink Investment Inc. has priced its initial public offering (IPO) of 10 million units at $10.00 each, raising gross proceeds of $100 million before fees. Each unit includes a share of common stock, a right to receive a fraction of a share upon business combination completion, and a redeemable warrant for additional shares. The units will be listed on NASDAQ under the symbol 'GLLIU' from December 7, 2021, with trading of individual components starting afterward. The offering's closing date is set for December 9, 2021, with a potential additional unit purchase option for over-allotments.
