Linkage Global Inc Announces 23 for 1 Share Consolidation

The 23-for-1 consolidation drastically lowers Linkage Global’s share counts as it seeks to retain trading on the Nasdaq Capital Market.

Rhea-AI Summary

Linkage Global (UZX) will implement a 23-for-1 share consolidation effective at the open of trading on September 21, 2026.

Shareholders approved the consolidation on September 8, 2026, with the stated aim of helping the company regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its Nasdaq Capital Market listing. Each 23 ordinary shares will automatically combine into 1 share without shareholder action, and no fractional shares will be issued; instead, each shareholder will receive 1 share in lieu of any fractional entitlement.

Authorised Class A shares will be reduced from 998,000,000 to about 43,391,304 and Class B from 12,000,000 to about 521,739, while issued and outstanding Class A shares will fall from 69,732,831 to approximately 3,031,862 and Class B from 7,000,000 to approximately 304,348, all subject to rounding.

Positive

• 23-for-1 consolidation aims to help regain compliance with Nasdaq Rule 5550(a)(2) and maintain the Nasdaq Capital Market listing
• Outstanding Class A shares reduced from 69,732,831 to approximately 3,031,862, simplifying the capital structure
• Outstanding Class B shares reduced from 7,000,000 to approximately 304,348, subject to rounding
• Shareholders receive one whole share in lieu of any fractional share that would have resulted from the consolidation

Negative

• None.

Argus 15 min delay

-7.76% vs previous close $0.08 last price 20.6x rel. volume Open Argus

Details

Market reaction after 23-for-1 share consolidation: UZX -7.76%

+5.5% Peak in 5 min

$0.08 $0.09 Day Range

$4.92M Market Cap

Following this news, UZX has declined 7.76%, reflecting a notable negative market reaction. Argus tracked a peak move of +5.5% during the session. Our momentum scanner has triggered 13 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $0.08. Trading volume is exceptionally heavy at 20.6x the average, suggesting significant selling pressure.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

The 5.33% pre-publication gain preceded this share consolidation announcement and therefore did not ...

Analysis

The 5.33% pre-publication gain preceded this share consolidation announcement and therefore did not measure its market reaction. An active F-3 resale registration separately covers up to 5,000,000 Class A shares, with no proceeds to the company.

Key Figures

Share consolidation ratio: 23-for-1 Split-adjusted trading date: September 21, 2026 Class A authorized shares: 998,000,000 to 43,391,304.3478261 shares +2 more

Share consolidation ratio

23-for-1

Approved September 8, 2026

Split-adjusted trading date

September 21, 2026

Nasdaq Capital Market

Class A authorized shares

998,000,000 to 43,391,304.3478261 shares

After the consolidation

Class B authorized shares

12,000,000 to 521,739.130434783 shares

After the consolidation

Ordinary-share par value

US$0.0025 to US$0.0575 per share

Class A and Class B shares

Key Terms

share consolidation, nasdaq marketplace rule 5550(a)(2), cusip number, par value

4 terms

share consolidation financial

"shareholders approved on September 8, 2026 that the authorised, issued, and outstanding ordinary shares"

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

nasdaq marketplace rule 5550(a)(2) regulatory

"regain compliance with Nasdaq Marketplace Rule 5550(a)(2)"

Nasdaq Marketplace Rule 5550(a)(2) sets a minimum share price requirement for companies listed on the Nasdaq Capital Market, typically requiring that a company’s common stock maintain a closing bid of at least $1.00 per share. It matters to investors because failure to meet this threshold can trigger a delisting review, which is similar to failing a safety inspection: the stock may be removed from the exchange or force corporate actions (like a reverse split) that change liquidity, visibility, and how easy it is to buy or sell the shares.

cusip number technical

"under the same symbol “UZX” but under a new CUSIP number"

A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

par value financial

"with a par value of US$0.0575 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Tokyo, JAPAN and New York, NY, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Linkage Global Inc (Nasdaq: UZX) (the “Company”), a technology-driven enterprise focused on AI-enabled wellness infrastructure, today announced that the Company’s shareholders approved on September 8, 2026 that the authorised, issued, and outstanding ordinary shares of the Company be consolidated on a 23 for 1 ratio.

The objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq.

Beginning with the opening of trading on September 21, 2026, the Company’s Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis, under the same symbol “UZX” but under a new CUSIP number, G5500B136.

As a result of the share consolidation, each 23 ordinary shares outstanding will automatically combine and convert to one issued and outstanding ordinary shares without any action on the part of the shareholders. No fractional shares will be issued to any shareholders in connection with the share consolidation, and each shareholder will be entitled to receive one share of the Company in lieu of the fractional share of that class that would have resulted from the share consolidation.

At the time the share consolidation is effective, the share consolidation shall have the effect of reducing the number of: (i) authorised Class A ordinary shares from 998,000,000 Class A ordinary shares with a par value of US$0.0025 per share to 43,391,304.3478261 Class A ordinary shares with a par value of US$0.0575 per share; (ii) authorised Class B ordinary shares from 12,000,000 Class B ordinary shares with a par value of US$0.0025 per share to 521,739.130434783 Class B ordinary shares with a par value of US$0.0575 per share; (iii) issued and outstanding Class A ordinary shares from 69,732,831 Class A ordinary shares with a par value of US$0.0025 per share (subject to any additional Class A ordinary shares to be issued before the effective date), to approximately 3,031,862 Class A ordinary shares with a par value of US$0.0575 per share, subject to rounding as a result of the treatment of fractional shares; and (iv) issued and outstanding Class B ordinary shares from 7,000,000 Class B ordinary shares with a par value of US$0.0025 per share to approximately 304,348 Class B ordinary shares with a par value of US$0.0575 per share, subject to rounding as a result of the treatment of fractional shares.

About Linkage Global Inc.

Linkage Global Inc. (NASDAQ: UZX) is a technology-driven enterprise pioneering global AI-enabled wellness infrastructure. Through its proprietary Human Resonance OS, the Company integrates self-developed neural acoustic algorithms, a portfolio of original wellness audio copyrights, and next-generation smart wearables to deliver data-driven, proactive wellness solutions to B2B and B2C markets worldwide. Founded on March 24, 2022, Linkage Global is headquartered in Tokyo, Japan. For more information, visit: https://linkagecc.com.

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 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 investor and media inquiries, please contact:

Linkage Global Inc Investor Relations
Email: ir@linkagecc.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will Linkage Global’s 23-for-1 share consolidation take effect for trading?

The share consolidation will be effective at the opening of trading on September 21, 2026, when Linkage Global’s Class A ordinary shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market under the same symbol “UZX” and a new CUSIP number G5500B136.

How will fractional shares be treated in Linkage Global’s share consolidation?

No fractional shares will be issued. Each shareholder will be entitled to receive one share of the company in lieu of any fractional share of that class that would otherwise have resulted from the 23-for-1 consolidation.

How do the authorised share amounts change after the 23-for-1 consolidation?

Authorised Class A ordinary shares will decrease from 998,000,000 with a par value of US$0.0025 to about 43,391,304.3478261 with a par value of US$0.0575. Authorised Class B ordinary shares will decrease from 12,000,000 with a par value of US$0.0025 to about 521,739.130434783 with a par value of US$0.0575.

What happens to the issued and outstanding shares of Linkage Global after the consolidation?

Issued and outstanding Class A ordinary shares will be reduced from 69,732,831 (subject to any additional shares issued before the effective date) to approximately 3,031,862, and issued and outstanding Class B ordinary shares will be reduced from 7,000,000 to approximately 304,348, each subject to rounding due to the treatment of fractional shares.