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. The warrants, which had a zero exercise price, were part of an approximately $16 million financing. 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.
The full exercise of the warrants eliminates potential dilution from outstanding warrants and simplifies the company’s capital structure. This development is significant as it concludes a major financing event that provided Linkers with substantial capital to support its operations and growth initiatives. The company, with over 20 years of experience in the wire and cable harnesses industry, serves global brand name manufacturers and original equipment manufacturers in the home appliances, industrial products, and automotive sectors, primarily in the Asia Pacific region.
For more details, view the full press release at https://ibn.fm/HPIAg. Additional information about Linkers Industries is available on its website at https://www.linkers-hk.com/.
The completion of the warrant exercise and reverse split strengthens Linkers’ balance sheet and positions the company for future growth. With a streamlined share count and reduced overhang, Linkers may attract more investor interest as it continues to execute its business strategy in the competitive wire harness market.
