Linkers Industries Limited (NASDAQ: LNKS) announced that its board has approved a 1-for-250 reverse share split of its Class A and Class B ordinary shares. Post-split trading is set to begin on April 6, 2026, under the same ticker symbol LNKS and a new CUSIP number. The reverse split is intended to support continued compliance with Nasdaq listing requirements, as the company’s stock price had fallen below the minimum bid price threshold.
According to the press release, the reverse split will proportionally adjust the number of outstanding shares, par value, and warrants, while maintaining shareholder ownership percentages except for adjustments due to fractional share rounding. This corporate action is a strategic move to bolster the company’s market standing and ensure its shares remain listed on the Nasdaq exchange, which requires a minimum bid price of $1.00 per share.
Linkers Industries Limited is a manufacturer and supplier of wire and cable harnesses, with manufacturing operations in Malaysia and over 20 years of experience in the industry. The company offers customized wire harnesses for various applications and electrical designs, serving global brand name manufacturers and original equipment manufacturers in the home appliances, industrial products, and automotive industries, primarily based in the Asia Pacific region.
The reverse share split is a common strategy for companies facing delisting risks due to low stock prices. By reducing the number of shares outstanding and increasing the price per share, the company aims to meet Nasdaq’s continued listing standards. Investors should note that while the split does not change the overall value of their holdings (aside from fractional share adjustments), it can affect liquidity and market perception.
For more information about Linkers Industries, visit their website at https://www.linkers-hk.com/. The reverse split is effective April 6, 2026, and shareholders are advised to consult with their brokers regarding any changes to their holdings.
