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Globalink (GLLI) shareholders OK Alps merger and major charter change

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Globalink Investment Inc. reported that its stockholders approved a business combination with Alps Life Sciences Inc. and related corporate changes at a special meeting on October 7, 2025. Investors unanimously backed the redomestication merger, under which Globalink will merge into Alps Global Holding Pubco, and the acquisition merger, in which a PubCo subsidiary will merge with Alps so that Alps becomes a wholly owned subsidiary of PubCo.

Stockholders also approved an amendment to Globalink’s charter to remove the requirement that any initial business combination leave the company with at least $5,000,001 of net tangible assets. In connection with the vote, holders of 59,966 public shares chose to redeem their shares for cash, leaving 12,635 public shares outstanding.

Positive

  • None.

Negative

  • High public share redemptions: Holders redeemed 59,966 public shares for cash, leaving only 12,635 public shares outstanding, indicating that most public shareholders chose to exit before the business combination.

Insights

Shareholders unanimously approved the Alps business combination amid heavy redemptions.

The filing shows that Globalink Investment Inc. obtained full shareholder approval for both the redomestication merger into Alps Global Holding Pubco and the acquisition of Alps Life Sciences Inc., with 3,445,007 votes cast for each proposal and none against or abstaining. This clears a key governance hurdle for the transaction’s structure, including issuing PubCo ordinary shares as merger consideration.

Stockholders also approved a charter amendment eliminating the prior requirement that any business combination leave at least $5,000,001 of net tangible assets, which aligns the charter with the deal’s terms. However, 59,966 public shares were redeemed for cash, leaving only 12,635 public shares outstanding. This means most public shareholders exited before closing, and the small remaining public float could affect post‑transaction trading dynamics and investor base composition.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

Current Report

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

October 7, 2025

Date of Report (Date of earliest event reported)

 

GLOBALINK INVESTMENT INC.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   001-41122   36-4984573

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

200 Continental Drive, Suite 401

Newark, Delaware

  19713
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: +6012 405 0015

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act: None

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 3.03. Material Modification to Rights of Security Holders.

 

Amendment of Certificate of Incorporation

 

As described in Item 5.03 below, which description is incorporated herein by reference, the stockholders of Globalink Investment Inc., a Delaware corporation (“Globalink”) approved an amendment to the Amended and Restated Certificate of Incorporation of Globalink at the Special Meeting held on October 7, 2025, and Globalink has filed the Amendment of Charter with the Delaware Department of State, a copy of which is attached hereto as Exhibit 3.1.

 

Item 5.07 Submission of Matters to a Vote of Security Holders

 

On January 30, 2024, Globalink entered into that certain Merger Agreement (as amended and restated on May 20, 2024, further amended on March 6, 2025, April 18, 2025 and September 27, 2025, the “Business Combination Agreement”), with Alps Life Sciences Inc., an exempted company formed under the laws of the Cayman Islands (“Alps”), Alps Global Holding Pubco, an exempted company formed under the laws of the Cayman Islands (“PubCo”), Alps Biosciences Merger Sub, an exempted company formed under the laws of the Cayman Islands and a wholly-owned subsidiary of PubCo (the “Merger Sub”), GL Sponsor LLC, a Delaware limited liability company, in the capacity as Parent Representative thereunder and Dr. Tham Seng Kong, an individual, in the capacity as Seller Representative thereunder.

 

Pursuant to the Business Combination Agreement, the Business Combination between Globalink and Alps will be effected in two steps: (i) Globalink will merge with and into PubCo, with PubCo remaining as the surviving publicly traded entity (the “Redomestication Merger”); and (ii) Merger Sub will merge with and into Alps, resulting in Alps remaining as the surviving entity and being a wholly-owned subsidiary of PubCo (the “Acquisition Merger”).

 

On October 7, 2025, Globalink held a special meeting of stockholders (the “Special Meeting”) to consider and vote on the transactions contemplated by that Business Combination Agreement. At the Special Meeting, holders of 3,445,007 shares of Globalink common stock were present in person or by proxy, constituting a quorum for the transaction of business. Only stockholders of record as of September 16, 2025, the record date for the Special Meeting, were entitled to vote at the Special Meeting. As of the record date, 3,517,601 shares of Globalink common stock were outstanding and entitled to vote at the Special Meeting. The proposals listed below are described in more detail in Globalink’s definitive proxy statement/prospectus, filed with the SEC on September 17, 2025 (the “Definitive Proxy Statement/Prospectus”). A summary of the final voting results at the Special Meeting is set forth below:

 

Proposal 1 - The Redomestication Merger Proposal

 

Globalink’s stockholders approved Proposal 1 - the merger of Globalink with and into PubCo, with PubCo remaining as the surviving publicly traded entity. The votes cast were as follows:

 

For  Against  Abstain
 3,445,007    0    0 

 

 

 

 

Proposal 2 – The Acquisition Merger Proposal

 

Globalink’s stockholders approved Proposal 2 – the approval and adoption of the Business Combination Agreement and the transactions contemplated thereunder, including the merger of Merger Sub with and into Alps, with Alps continuing as the surviving company and as a wholly-owned subsidiary of PubCo, and the issuance of PubCo ordinary shares as merger consideration thereunder. The votes cast were as follows:

 

For  Against  Abstain
 3,445,007    0    0 

 

Proposal 3 - The Net Tangible Asset Charter Amendment Proposal

 

Globalink’s stockholders approved Proposal 3 – the approval of a proposal to amend the Globalink Charter pursuant to a fifth amendment to the Globalink Charter in the form set forth in Annex J to the Definitive Proxy Statement/Prospectus to eliminate from the Globalink Charter the limitation that Globalink will not consummate any initial business combination unless it (or any successor) has net tangible assets of at least $5,000,001 upon consummation of such business combination. The votes cast were as follows:

 

For  Against  Abstain
 3,445,007    0    0 

 

Proposal 4 - The Adjournment Proposal

 

The fourth proposal to adjourn the Special Meeting (the “Adjournment Proposal”) was not presented at the Special Meeting since the Redomestication Merger Proposal, the Acquisition Merger Proposal, and the Net Tangible Asset Charter Amendment Proposal received sufficient favorable votes to be adopted.

 

Item 8.01. Other Events.

 

Redemption of Public Shares

 

In connection with the stockholder votes at the Special Meeting, holders of 59,966 public shares of the Company’s common stock (the “Public Shares”) exercised their right to redeem their shares for cash. Following the redemptions, the Company will have 12,635 Public Shares outstanding.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits:

 

Exhibit   Description
3.1   Form of Fifth Amendment to the Amended and Restated Certificate of Incorporation of Globalink
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: October 10, 2025

 

  GLOBALINK INVESTMENT INC.
     
  By: /s/ Say Leong Lim
  Name:    Say Leong Lim
  Title: Chief Executive Officer

 

 

 

 

FAQ

What business combination did Globalink Investment Inc. (GLLI) stockholders approve?

Stockholders approved a business combination between Globalink Investment Inc. and Alps Life Sciences Inc., structured so that Globalink will merge into Alps Global Holding Pubco and a PubCo subsidiary will merge with Alps, leaving Alps as a wholly owned subsidiary of PubCo.

How did Globalink (GLLI) shareholders vote on the redomestication and acquisition mergers?

For both the Redomestication Merger and the Acquisition Merger proposals, Globalink reported 3,445,007 votes in favor, with 0 votes against and 0 abstentions, indicating unanimous support among shares present.

What charter change did Globalink Investment Inc. (GLLI) approve regarding net tangible assets?

Stockholders approved a fifth amendment to the Globalink charter to remove the limitation that Globalink would not consummate any initial business combination unless it (or any successor) had at least $5,000,001 in net tangible assets upon completion of the transaction.

How many Globalink (GLLI) public shares were redeemed in connection with the special meeting?

In connection with the special meeting, holders of 59,966 public shares exercised their right to redeem for cash. After these redemptions, Globalink reported that 12,635 public shares remained outstanding.

Did Globalink Investment Inc. (GLLI) need to adjourn its special meeting?

No. The adjournment proposal was not presented because the redomestication merger, acquisition merger, and net tangible asset charter amendment proposals all received sufficient favorable votes at the special meeting.

What exhibit related to the charter amendment did Globalink (GLLI) file?

Globalink filed as Exhibit 3.1 the form of the fifth amendment to its Amended and Restated Certificate of Incorporation, which reflects the approved charter change, along with an Inline XBRL cover page data file as Exhibit 104.
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