Linkage Global Inc. Announces $1 Million Private Placement Financing to Support Strategic Growth and Operational Expansion

Rhea-AI Summary

Linkage Global (NASDAQ: LGCB) announced a $1.0 million private investment in public equity (PIPE) financing priced at US$1.45 per share for an aggregate of 689,655 Class A ordinary shares. The securities purchase agreement was entered on Nov 24, 2025, and the financing is expected to close on or before Dec 3, 2025 subject to customary closing conditions.

The shares will be sold under Regulation S and have not been registered under the Securities Act; the company agreed to file a registration statement to permit resale. Net proceeds are intended for general corporate purposes, including working capital and expansion of cross-border sales operations.

Positive

• $1.0M gross proceeds via PIPE financing
• Issuance of 689,655 Class A shares at $1.45 each
• Company agreed to file an SEC registration statement for resale

Negative

• Issued shares create immediate dilution for existing shareholders
• Sale under Reg S restricts U.S. resale until registration is effective
• Gross proceeds reduced by fees and offering expenses

Insights

Corporate Finance Analyst

Small PIPE raises ~$1,000,000 to fund working capital and cross-border growth; impact appears modest.

Linkage Global agreed on $1.45 per share for 689,655 Class A Ordinary Shares, generating gross proceeds of about $1,000,000. The financing uses Regulation S and requires a resale registration with the SEC, which permits secondary liquidity once effective.

The business effect is straightforward: this capital increases near-term liquidity and supports expansion of cross-border sales operations. The amount is small relative to typical corporate financings, so it likely does not materially alter capital structure or strategic leverage.

Key dependencies and risks include successful closing by December 3, 2025, full execution of the resale registration filing, and net proceeds after fees. Watch the closing outcome and the SEC registration status in the coming weeks for concrete investor dilution and resale timing information.

TOKYO, JAPAN, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Linkage Global Inc (NASDAQ: LGCB) ("Linkage Global" or the "Company"), a cross-border e-commerce integrated services provider headquartered in Japan, is pleased to announce the pricing of a private investment in public equity (the "PIPE") financing. On November 24, 2025, the Company entered into a securities purchase agreement pursuant to which it will issue and sell an aggregate of 689,655 Class A Ordinary Shares to an investor at a price of US$1.45 per share. The offering will result in total gross proceeds of approximately US$1,000,000 before deducting fees and offering expenses payable by the Company.

Subject to customary closing conditions, the PIPE is expected to close on or before December 3, 2025. The securities will be sold in a private placement pursuant to Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The shares have not been registered under the Securities Act and may not be offered or sold in the United States absent registration with the U.S. Securities and Exchange Commission (the "SEC") or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC to register the resale of the Class A Ordinary Shares issued in this offering.

The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital needs and expansion of its cross-border sales operations.

"This PIPE financing represents an important milestone for Linkage Global as we continue to strengthen our financial position and pursue our strategic objectives," said Yang (Angela) Wang, Chief Executive Officer of Linkage Global Inc. "This capital infusion will provide us with additional flexibility to support our business development and operations as we expand our cross-border e-commerce platform. We remain committed to creating long-term value for our shareholders while advancing our growth strategy."

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities referred to in this press release, nor will there be any sale of any such securities in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Linkage Global Inc

Linkage Global Inc is a holding company incorporated in the Cayman Islands with no operations of its own. Linkage Global conducts its operations through its operating subsidiaries in Japan, Hong Kong, and mainland China. As a cross-border e-commerce integrated services provider headquartered in Japan, through its operating subsidiaries, the Company has developed a comprehensive service system comprised of two lines of business complementary to each other, including (i) cross-border sales and (ii) integrated e-commerce services.

For more information, please visit www.linkagecc.com. Information on the Company's website does not constitute a part of and is not incorporated by reference into this press release.

Safe Harbor Statement

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's annual reports on Form 20-F and other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

Investor Relations
WFS Investor Relations Inc.
Connie Kang, Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742

FAQ

What did Linkage Global (LGCB) announce on November 24, 2025?

Linkage Global entered a securities purchase agreement to sell 689,655 Class A shares at $1.45 per share for approximately $1.0M gross proceeds.

When is the LGCB PIPE expected to close and what are the conditions?

The PIPE is expected to close on or before December 3, 2025, subject to customary closing conditions.

How will Linkage Global (LGCB) use proceeds from the $1.0M PIPE?

The company intends to use net proceeds for general corporate purposes, including working capital and cross-border sales expansion.

Are the LGCB shares from the PIPE immediately tradable in the U.S.?

No. The shares were sold under Regulation S and are not registered under the Securities Act; the company agreed to file a registration statement to enable resale.

How many shares did LGCB agree to issue and at what price?

LGCB agreed to issue 689,655 Class A ordinary shares at $1.45 per share.