Linkers Industries Limited Announces Receipt of Nasdaq Minimum Bid Price Deficiency Letter
Linkers Industries Limited (NASDAQ: LNKS), a Malaysian manufacturer of wire/cable harnesses, has received a second Nasdaq minimum bid price deficiency notice. After failing to maintain the required $1 per share minimum bid price from January 24 to March 7, 2025, the company has been granted an additional 180 days until March 9, 2026 to regain compliance.
If LNKS fails to meet compliance by the extended deadline, it risks delisting from Nasdaq, though it would have the opportunity to appeal to a Hearings Panel. The company, which serves global OEMs in home appliances, industrial products, and automotive industries across the Asia Pacific region, is currently evaluating options to regain compliance.
Linkers Industries Limited (NASDAQ: LNKS), un produttore malaysiano di cablaggi/arboni di cavi, ha ricevuto una seconda diffida per difetto del prezzo minimo di offerta di Nasdaq. Dopo non essere riuscita a mantenere il prezzo minimo di almeno $1 per azione dal 24 gennaio al 7 marzo 2025, l'azienda ha ottenuto ulteriori 180 giorni aggiuntivi fino al 9 marzo 2026 per tornare conforme.
Se LNKS non dovesse raggiungere la conformità entro la scadenza estesa, corre il rischio di essere delistata da Nasdaq, anche se avrebbe l'opportunità di fare ricorso davanti a un pannello di udienze. L'azienda, che serve OEM globali nei settori elettrodomestici, prodotti industriali e automotive nell'intera regione Asia-Pacifico, sta attualmente valutando opzioni per tornare conforme.
Linkers Industries Limited (NASDAQ: LNKS), un fabricante malasio de arneses de alambre/cable, ha recibido una segunda notificación de deficiencia en el precio mínimo de oferta de Nasdaq. Después de no mantener el precio mínimo de al menos $1 por acción desde el 24 de enero hasta el 7 de marzo de 2025, la empresa ha recibido 180 días adicionales hasta el 9 de marzo de 2026 para cumplir.
Si LNKS no cumple con las normas para la fecha límite extendida, corre el riesgo de ser retirada de Nasdaq, aunque tendría la oportunidad de apelar ante un Panel de Audiencias. La empresa, que presta servicios a OEMs globales en electrodomésticos, productos industriales e industrias automotrices en toda la región Asia-Pacífico, está evaluando actualmente opciones para volver a cumplir.
Linkers Industries Limited (NASDAQ: LNKS)는 말레이시아의 와이어/케이블 하니스 제조업체로, 나스닥의 두 번째 최소 공모가 미충족 통지를 받았다. 2025년 1월 24일부터 3월 7일까지 주당 1달러의 최소 공모가를 유지하지 못한 후, 회사는 준수를 회복하기 위해 추가로 180일의 기한을 받아 2026년 3월 9일까지 연장되었다.
연장된 마감일까지 준수를 충족하지 못하면 나스닥에서 상장폐지될 위험이 있지만, 심리판에 항소할 기회는 남아 있다. 가정용 가전, 산업용 제품 및 자동차 산업 전반에 걸친 글로벌 OEM에 서비스를 제공하는 이 회사는 현재 준수 회복 옵션을 평가 중이다.
Linkers Industries Limited (NASDAQ : LNKS), un fabricant malaisien de faisceaux de fils/câbles, a reçu un second avis de déficience du prix d'offre minimum de Nasdaq. Après ne pas avoir maintenu le prix d'offre minimum requis de 1 dollar par action du 24 janvier au 7 mars 2025, la société a obtenu 180 jours supplémentaires jusqu'au 9 mars 2026 pour redevenir conforme.
Si LNKS ne respecte pas les exigences d'ici la nouvelle échéance, elle risque d'être radiée de Nasdaq, bien qu'elle puisse faire appel devant un Panel d'Audiences. L'entreprise, qui fournit des OEM mondiaux dans les domaines des appareils électroménagers, des produits industriels et des industries automobiles dans la région Asie-Pacifique, évalue actuellement des options pour retrouver la conformité.
Linkers Industries Limited (NASDAQ: LNKS), ein malaysischer Hersteller von Draht-/Kabelbaum-Konfektionen, hat eine zweite Nasdaq-Mindestkurs-Bewertung Hinweis erhalten. Nachdem es nicht gelungen ist, den erforderlichen Mindestkurs von 1 USD pro Aktie vom 24. Januar bis zum 7. März 2025 zu halten, wurde dem Unternehmen zusätzliche 180 Tage bis zum 9. März 2026 eingeräumt, um die Compliance wiederherzustellen.
Sollte LNKS die Vorschriften bis zum erweiterten Termin nicht erfüllen, droht eine Delistung von Nasdaq, jedoch hätte es die Möglichkeit, sich vor ein Hearings Panel zu berufen. Das Unternehmen, das globale OEMs in Haushaltsgeräten, Industrieprodukten und der Automobilindustrie in der gesamten Asia-Pacific-Region bedient, prüft derzeit Optionen, um die Konformität wiederherzustellen.
Linkers Industries Limited (NASDAQ: LNKS)، وهي شركة ماليزية تصنّع الأسلاك/أذرع الكابلات، قد تلقت إشعاراً ثانياً بنقص السعر الأدنى للعرض في ناسداك. بعد عدم الحفاظ على الحد الأدنى لسعر العرض البالغ 1 دولار للسهم من 24 يناير إلى 7 مارس 2025، مُنِحَت الشركة مهلة إضافية قدرها 180 يوماً حتى 9 مارس 2026 لاستعادة الامتثال.
إذا فشلت LNKS في الالتزام قبل الموعد النهائي الممتد، فإنها تتعرض لخطر إدراجها من ناسداك، وإن كان سيُتيح لها فرصة الاستئناف أمام لجنة جلسات الاستماع. الشركة، التي تخدم OEMs العالمية في أجهزة المنزل، والمنتجات الصناعية، وصناعات السيارات في منطقة آسيا والمحيط الهادئ، تقيّم حالياً خيارات لاستعادة الامتثال.
Linkers Industries Limited (NASDAQ: LNKS)，是一家马来西亚的线缆/线束制造商，已收到第二份 Nasdaq 最低买入价缺陷通知。由于在 2025 年 1 月 24 日至 3 月 7 日期间未能维持每股 1 美元的最低买入价，公司获准再延长 180 天，至 2026 年 3 月 9 日以重新达标。
如果 LNKS 在延长期限内未能符合规定，可能被 Nasdaq 退市，尽管它有机会向听证小组提出上诉。该公司为全球 OEM 客户在家用电器、工业产品和汽车行业提供服务，覆盖亚太地区，当前正在评估恢复符合性的方案。
- Company granted additional 180-day extension to regain compliance
- Opportunity to appeal to Hearings Panel if compliance is not achieved
- Risk of delisting from Nasdaq if minimum bid price requirement is not met
- Stock price consistently below $1 minimum requirement since January 2025
- No concrete plan presented to address the compliance issue
Insights
Linkers Industries faces Nasdaq delisting risk due to sub-$1 stock price; has until March 2026 to comply or appeal.
Linkers Industries Limited has received a significant compliance notice from Nasdaq regarding its continued listing requirements. The company's shares have traded below the required
This extended period gives the company breathing room, but the situation remains precarious. If Linkers cannot raise its share price above
The company states it's "evaluating options" to regain compliance, which typically include strategies like a reverse stock split to artificially increase share price, or fundamental business improvements to attract investors. However, the announcement notably includes cautionary language that there's "no assurance" compliance will be achieved.
For a small Malaysian manufacturer of wire/cable harnesses with a 20-year history, this delisting risk represents a significant challenge to maintain market access, liquidity, and investor confidence. The extended compliance window provides time, but the company must demonstrate a viable path forward to maintain its Nasdaq listing.
New York, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Linkers Industries Limited (Nasdaq: LNKS) (the “Company”), a manufacturer and a supplier of wire/cable harnesses with operation in Malaysia, today announced receipt of Nasdaq Minimum Bid Price Deficiency Letter.
On March 10, 2025, Linkers Industries Limited (the “Company”) received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from January 24, 2025 to March 7, 2025, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of
On September 9, 2025, the Company received a letter from Nasdaq notifying the Company that the Company is eligible for an additional 180 calendar day period, or until March 9, 2026, to regain compliance. If compliance cannot be demonstrated by March 9, 2026, Nasdaq staff will provide written notification that the Company’s securities will be delisted. At that time, the Company may appeal Nasdaq staff’s determination to a Hearings Panel.
The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirement.
About Linkers Industries Limited
Linkers Industries Limited is a manufacturer and a supplier of wire/cable harnesses with manufacturing operations in Malaysia and have more than 20 years’ experience in the wire/cable harnesses industry. The Company offers customized wire harness for different applications and electrics designs. Our customers are generally global brand name manufacturers and original equipment manufacturers (“OEMs”) in the home appliances, industrial products and automotive industries that are mainly based in the Asia Pacific Region.
FORWARD-LOOKING STATEMENTS
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, including the trading of its Ordinary Shares or the closing of the Offering. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. 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. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to read the risk factors contained in the Company’s final prospectus and other reports it files with the SEC before making any investment decisions regarding the Company’s securities. 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.
Contacts
Linkers Industries Limited Investor Relations 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
FAQ
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