Linkers Industries Approves Reverse Share Split to Maintain Nasdaq Listing

Linkers Industries Limited, trading on the Nasdaq under the ticker LNKS, announced its board has approved a significant reverse share split of its Class A and Class B ordinary shares. The 1-for-250 consolidation is scheduled to take effect on April 6, 2026, with the company’s shares continuing to trade under the same LNKS ticker but with a new CUSIP number. The primary stated objective of this corporate action is to support the company’s continued compliance with Nasdaq listing standards.

The reverse split will apply proportionally to all of the company’s outstanding ordinary shares, as well as the par value per share and outstanding warrants. According to the announcement, the adjustment is designed to maintain each shareholder’s percentage ownership in the company, with the exception of minor adjustments for fractional shares that will be handled through rounding. The company’s full statement on the matter can be reviewed in the official press release available at https://nnw.fm/xD5yg.

Linkers Industries is a manufacturer and supplier of wire and cable harnesses with operations based in Malaysia and over two decades of industry experience. The company provides customized wire harness solutions for various applications and electrical designs. Its client base consists primarily of global brand name manufacturers and original equipment manufacturers in the home appliances, industrial products, and automotive sectors, most of which are located in the Asia Pacific region. Further corporate information is available on the company’s website at https://www.linkers-hk.com/.

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Reverse stock splits are often undertaken by publicly traded companies to increase the per-share trading price of their stock, which can be a critical factor for maintaining eligibility on major exchanges like the Nasdaq. By reducing the total number of shares outstanding, the split increases the price per share proportionally, which can help a company meet minimum bid price requirements. For Linkers Industries, this strategic move aims to secure its position on the Nasdaq exchange for the foreseeable future, providing stability for its investors and maintaining its visibility in the U.S. capital markets. The two-year lead time until implementation gives the market and current shareholders ample notice of the impending change to the share structure.

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