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Linkers Industries (NASDAQ: LNKS) enacts 1-for-250 reverse share split to support Nasdaq listing

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Form Type
6-K

Rhea-AI Filing Summary

Linkers Industries Limited is implementing a 1-for-250 reverse share split of its Class A and Class B ordinary shares. Each 250 existing shares will be combined into one share, increasing par value from US$0.00001 to US$0.0025 per share and adjusting authorized share counts.

After the split, the company expects about 1,356,613 Class A shares and 250,000 Class B shares to be issued and outstanding. The Class A shares will begin trading on Nasdaq on a post-split basis on April 6, 2026 under the symbol LNKS with new CUSIP G5496W110.

The transaction is intended to raise the market price per Class A share to help maintain Nasdaq listing. Shareholders’ percentage ownership is expected to remain the same, aside from minor effects from rounding up fractional shares, and related warrants will be proportionally adjusted.

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Insights

LNKS enacts a 1-for-250 reverse split to support Nasdaq listing, with no direct change to ownership percentages.

Linkers Industries is consolidating every 250 ordinary shares into one, lifting par value to US$0.0025 and revising authorized capital to 3,750,000 Class A and 250,000 Class B shares. This is a structural change rather than an operating event.

The company expects about 1,356,613 Class A and 250,000 Class B shares outstanding after the split, and warrants will be adjusted on the same ratio. The stated goal is to increase the trading price per Class A share to help maintain Nasdaq listing, while leaving each holder’s proportional stake largely unchanged except for fractional rounding.

The reverse split itself does not alter the company’s underlying business or cash position. Its practical impact for investors will come through how the post-split shares trade once they begin trading on a split-adjusted basis on April 6, 2026, and through continued compliance with Nasdaq’s listing standards.

Reverse split ratio 1-for-250 Every 250 Class A and Class B shares combined into one
New par value per share US$0.0025 per share Par value increased from US$0.00001 after reverse split
Authorized Class A shares 3,750,000 shares Authorized Class A ordinary shares after reverse split
Authorized Class B shares 250,000 shares Authorized Class B ordinary shares after reverse split
Post-split Class A outstanding 1,356,613 shares Expected Class A ordinary shares issued and outstanding
Post-split Class B outstanding 250,000 shares Expected Class B ordinary shares issued and outstanding
Post-split trading date April 6, 2026 Date Class A shares begin trading on Nasdaq post-split
New CUSIP G5496W110 CUSIP for LNKS Class A ordinary shares after reverse split
Reverse Share Split financial
"approved a reverse share split of all of the Company’s issued and unissued shares"
A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.
par value financial
"result in a proportional increase in par value from US$0.00001 per share to US$0.0025 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Nasdaq Capital Market regulatory
"the Company’s ability to comply with the minimum bid price requirement for continued listing on the Nasdaq Capital Market"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
CUSIP financial
"The new CUSIP number following the Reverse Share Split is G5496W110"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
forward-looking statements regulatory
"This press release may contain “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
warrants financial
"The shares underlying the Company’s warrants will also be adjusted accordingly"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16

OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2026

 

Commission File Number 001-41999

 

Linkers Industries Limited

(Registrant’s Name)

 

Lot A99, Jalan 2A-3, A101 & A102, Jalan 2A, Kawasan Perusahaan MIEL

Sungai Lalang, 08000 Sungai Petani, Kedah Darul Aman, Malaysia

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒         Form 40-F ☐

 

 

 

 

 

 

Reverse Share Split

 

On March 24, 2026, the board of directors (the “Board”) of Linkers Industries Limited (the “Company”), a British Virgin Islands (“BVI”) business company, approved a reverse share split of all of the Company’s issued and unissued shares, including its Class A ordinary shares, par value US$0.00001 each (the “Class A Ordinary Shares”) and Class B ordinary shares, par value US$0.00001 each (the “Class B Ordinary Shares”) on a one-for-two-hundred-fifty basis (the “Reverse Share Split”). Pursuant to the BVI Business Companies Act (as amended) and the Company’s Memorandum and Articles of Association, the Board is authorized to effect the Reverse Share Split without the approval of the Company’s shareholders. Accordingly, no shareholder vote, consent or approval is required or will be sought in respect of the Reverse Share Split.

 

The Company’s Class A Ordinary Shares will begin trading on the Nasdaq Stock Market LLC (“Nasdaq”) on a post-Reverse Share Split basis upon the opening of the market on April 6, 2026 under the current symbol “LNKS.” The new CUSIP number following the Reverse Share Split is G5496W110.

 

As a result of the Reverse Share Split, each two-hundred-fifty (250) issued and outstanding Class A Ordinary Shares will be combined into one (1) Class A Ordinary Share and each two-hundred-fifty (250) issued and outstanding Class B Ordinary Shares will be combined into one (1) Class B Ordinary Share, automatically and without any action by shareholders. The Reverse Share Split will result in a proportional increase in par value from US$0.00001 per share to US$0.0025 per share and an adjustment of the Company’s authorized shares comprising (a) 3,750,000 Class A Ordinary Shares with a par value of US$0.0025 each and (b) 250,000 Class B Ordinary Shares with a par value of US$0.0025 each. After giving effect to the Reverse Share Split, the Company expects to have approximately 1,356,613 Class A Ordinary Shares and 250,000 Class B Ordinary Shares issued and outstanding. The Reverse Share Split is intended to increase the market price per Class A Ordinary Share to allow the Company to maintain its Nasdaq listing.

 

No fractional shares will be issued as a result of the Reverse Share Split. Any fractional share in the total number of issued post-Reverse Share Split Class A Ordinary Shares that would have resulted from the Reverse Share Split will be rounded up to the nearest whole number by issuing such fractional post-Reverse Share Split Class A Ordinary Share as necessary to Cede & Co., as nominee for The Depository Trust Company. The shares underlying the Company’s warrants will also be adjusted accordingly. The Reverse Share Split affects all shareholders uniformly and will not alter any shareholder’s percentage interest in the Class A Ordinary Shares, except for adjustments that may result from the treatment of fractional shares.

 

In conjunction with and prior to the effectiveness of the Reverse Share Split, the Company will file its fifth amended and restated memorandum of association and articles of association (“New M&A”) with the Registrar of Corporate Affairs in the BVI. A form of the New M&A is attached hereto as Exhibit 3.1, and is incorporated by reference herein.

 

On April 1, 2026, the Company announced the Reverse Share Split. A copy of the press release dated April 1, 2026 titled “Linkers Industries Announces 1-for-250 Reverse Share Split Effective April 6, 2026” is attached hereto as Exhibit 99.1, and is incorporated by reference herein.

 

1

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
3.1   Form of the Fifth Amended and Restated Memorandum and Articles of Association of the Registrant
99.1   Press Release, dated as of April 1, 2026

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  LINKERS INDUSTRIES LIMITED
     
  By: /s/ Wai Kee Kan
  Name:  Wai Kee Kan
  Title: Director and Chief Executive Officer

 

Date: April 1, 2026

 

3

Exhibit 99.1

 

Linkers Industries Announces 1-for-250 Reverse Share Split Effective April 6, 2026

 

SUNGAI PETANI, Malaysia, April 1, 2026 (GLOBE NEWSWIRE) – via IBN – Linkers Industries Limited (NASDAQ: LNKS) (the “Company”), a manufacturer and supplier of wire and cable harnesses with operations in Malaysia, today announced that its board of directors has approved a reverse split of its Class A ordinary shares and Class B ordinary shares on a 1-for-250 basis (the “Reverse Share Split”). The Company’s Class A ordinary shares will begin trading on the Nasdaq Stock Market LLC (“Nasdaq”) on a post-split basis on April 6, 2026, under the symbol “LNKS” under a new CUSIP number – G5496W110.

 

As a result of the Reverse Share Split, each 250 issued and outstanding Class A ordinary shares will be combined into one Class A ordinary share and each 250 issued and outstanding Class B ordinary shares will be combined into one Class B ordinary share, automatically and without any action by shareholders. The Reverse Share Split will result in a proportional increase in par value from US$0.00001 per share to US$0.0025 per share and an adjustment of the Company’s authorized shares comprising (a) 3,750,000 Class A ordinary shares with a par value of US$0.0025 each and (b) 250,000 Class B ordinary shares with a par value of US$0.0025 each. After giving effect to the Reverse Share Split, the Company expects to have approximately 1,356,613 Class A ordinary shares and 250,000 Class B ordinary shares issued and outstanding. The Reverse Share Split is intended to increase the market price per Class A ordinary share to allow the Company to maintain its Nasdaq listing.

 

No fractional shares will be issued as a result of the Reverse Share Split.. Any fractional share in the total number of issued post-Reverse Share Split Class A ordinary shares that would have resulted from the Reverse Share Split will be rounded up to the nearest whole number by issuing such fractional post-Reverse Share Split Class A ordinary share as necessary to Cede & Co., as nominee for The Depository Trust Company.. The shares underlying the Company’s warrants will also be adjusted accordingly. The Reverse Share Split affects all shareholders uniformly and will not alter any shareholder’s percentage interest in the Class A ordinary shares, except for adjustments that may result from the treatment of fractional shares.

 

The Reverse Share Split was approved by the Company’s board of directors on March 24, 2026.

 

The Company’s transfer agent, VStock Transfer, LLC, will act as the exchange agent. Adjustments made to Class A ordinary shares and Class B ordinary shares represented by physical stock certificates can be made upon surrender of the certificate to the transfer agent. Please contact VStock Transfer, LLC for further information at (212) 828-8436.

 

About Linkers Industries Limited

 

Linkers Industries Limited is a manufacturer and a supplier of wire/cable harnesses with manufacturing operations in Malaysia and has more than 20 years’ experience in the wire/cable harnesses industry. The Company offers customized wire harnesses for different applications and electrics designs. Our customers are generally global brand name manufacturers and original equipment manufacturers in the home appliances, industrial products and automotive industries that are mainly based in the Asia Pacific Region.

 

 

 

 

Forward-Looking Statements

 

This press release may contain “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on the beliefs and assumptions and on information currently available to management of the Company. All statements other than statements of historical fact contained in this press release are forward-looking statements, including statements regarding the implementation and proposed timing of the Reverse Share Split, the commencement of trading of the Company’s post-split Class A ordinary shares, the impact of the Reverse Share Split on the Company’s securityholders, including any adjustments that may result from the treatment of fractional shares, the Company’s ability to comply with the minimum bid price requirement for continued listing on the Nasdaq Capital Market and the expected number of Class A ordinary shares to be issued and outstanding following the Reverse Share Split. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties related to the Reverse Share Split having the desired effect, the Company’s ability to comply with Nasdaq’s listing requirements, the potential de-listing of the Company’s securities on Nasdaq, and additional risks and uncertainties set forth in the "Risk Factors" section of the Company’s Annual Report on Form 20-F for the year ended June 30, 2025, and subsequent reports that the Company files with the SEC. Forward-looking statements represent the Company’s beliefs and assumptions only as of the date of this press release. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievements. Except as required by law, the Company assumes no obligation to publicly update any forward-looking statements for any reason after the date of this press release to conform any of the forward-looking statements to actual results or to changes in its expectations

 

For investor and media inquiries, please contact:

 

Lot A99, Jalan 2A-3, A101 & A102, Jalan 2A,
Kawasan Perusahaan MIEL Sungai Lalang,
08000 Sungai Petani, Kedah Darul Aman, Malaysia

 

Tel : +60 4 4417802

 

Email: linkers.ir@linkers-hk.com

 

InvestorWire Service Contact:

 

IBN

Austin, Texas

www.InvestorBrandNetwork.com

512.354.7000 Office

Editor@InvestorBrandNetwork.com

 

 

FAQ

What is Linkers Industries (LNKS) doing with its shares in April 2026?

Linkers Industries is implementing a 1-for-250 reverse share split of its Class A and Class B ordinary shares. This combines every 250 existing shares into one new share, changing par value and authorized share counts but largely preserving each holder’s ownership percentage.

How many Linkers Industries (LNKS) shares will be outstanding after the reverse split?

After the reverse split, Linkers Industries expects about 1,356,613 Class A shares and 250,000 Class B shares to be issued and outstanding. These figures reflect the 1-for-250 consolidation and the company’s updated capital structure following the change.

When will Linkers Industries (LNKS) start trading on a post-split basis?

Linkers Industries’ Class A ordinary shares will begin trading on Nasdaq on a post-split basis on April 6, 2026. The shares will continue under the symbol LNKS but will use a new CUSIP number, G5496W110, from that date.

Why is Linkers Industries (LNKS) conducting a 1-for-250 reverse share split?

The reverse share split is intended to increase the market price per Class A ordinary share so the company can maintain its Nasdaq listing. The action focuses on share price mechanics rather than changing the company’s underlying operations or assets.

Will the Linkers Industries (LNKS) reverse split change my ownership percentage?

The company states the reverse share split affects all shareholders uniformly and is not expected to alter any shareholder’s percentage interest, except for small differences caused by rounding up fractional shares issued to Cede & Co., the Depository Trust Company nominee.

How will Linkers Industries (LNKS) handle fractional shares from the reverse split?

No fractional shares will be issued to individual holders. Any fractional share resulting from the 1-for-250 ratio will be rounded up to the nearest whole share and issued as needed to Cede & Co., nominee for The Depository Trust Company.

What happens to Linkers Industries (LNKS) warrants after the reverse split?

The company states that shares underlying its warrants will be adjusted to reflect the 1-for-250 reverse share split. This means warrant terms will be changed so that the economic relationship between warrants and ordinary shares remains consistent post-split.

Filing Exhibits & Attachments

2 documents