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[8-K] GLOBALINK INVSTMNT UTS Reports Material Event

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Rhea-AI Filing Summary

Silexion Therapeutics Corp (SLXN) has filed an amended Form 8-K to clarify timing details surrounding its Nasdaq listing status.

The Nasdaq hearings panel has granted the company continued listing but will transfer the ordinary shares and warrants from the Nasdaq Global Market to the Nasdaq Capital Market as soon as practicable. While the original filing stated the move could occur on 8 July 2025, the amendment notes the exact date remains uncertain.

Silexion also warns it may become non-compliant with Nasdaq Listing Rule 5550(a)(2) (minimum $1.00 bid price) if its shares close below that threshold for 30 straight trading days. Management intends to cure any deficiency through a 1-for-15 reverse share split, subject to shareholder approval at the reconvened AGM on 14 July 2025. After approval, a mandatory 10-day Nasdaq notice period would push the split to roughly 25 July 2025, with compliance only achieved after the stock trades above $1.00 for 10 consecutive days—placing the earliest compliance window in early-to-mid August 2025.

The company cautions that there is no assurance shareholders will approve the split or that the post-split price will meet Nasdaq requirements, leaving a continued risk of delisting.

Silexion Therapeutics Corp (SLXN) ha presentato un modulo 8-K modificato per chiarire i dettagli temporali relativi al suo stato di quotazione al Nasdaq.

Il panel delle udienze del Nasdaq ha concesso all'azienda la continuazione della quotazione, ma trasferirà le azioni ordinarie e i warrant dal Nasdaq Global Market al Nasdaq Capital Market non appena possibile. Mentre la dichiarazione originale indicava che il trasferimento poteva avvenire l'8 luglio 2025, l'emendamento precisa che la data esatta è ancora incerta.

Silexion avverte inoltre che potrebbe diventare non conforme alla Regola di Quotazione Nasdaq 5550(a)(2) (prezzo minimo di offerta di $1,00) se le sue azioni chiudono sotto questa soglia per 30 giorni di negoziazione consecutivi. La direzione intende risolvere eventuali carenze tramite un raggruppamento azionario inverso 1-per-15, soggetto all'approvazione degli azionisti nell'assemblea generale riconvocata il 14 luglio 2025. Dopo l'approvazione, un periodo di notifica obbligatorio di 10 giorni da parte del Nasdaq sposterà l'operazione a circa il 25 luglio 2025, con la conformità raggiunta solo dopo che il titolo avrà superato $1,00 per 10 giorni consecutivi, collocando la finestra di conformità più anticipata a inizio-metà agosto 2025.

L'azienda avverte che non vi è alcuna garanzia che gli azionisti approvino il raggruppamento o che il prezzo post-raggruppamento soddisfi i requisiti Nasdaq, lasciando un rischio continuo di esclusione dalla quotazione.

Silexion Therapeutics Corp (SLXN) ha presentado un Formulario 8-K enmendado para aclarar los detalles temporales relacionados con su estatus de cotización en Nasdaq.

El panel de audiencias de Nasdaq ha concedido a la compañía la continuidad en la cotización, pero transferirá las acciones ordinarias y los warrants del Nasdaq Global Market al Nasdaq Capital Market tan pronto como sea posible. Mientras que la presentación original indicaba que el movimiento podría ocurrir el 8 de julio de 2025, la enmienda señala que la fecha exacta sigue siendo incierta.

Silexion también advierte que podría incumplir la Regla de Cotización Nasdaq 5550(a)(2) (precio mínimo de oferta de $1.00) si sus acciones cierran por debajo de ese umbral durante 30 días de negociación consecutivos. La gerencia planea corregir cualquier deficiencia mediante una consolidación inversa de acciones 1 por 15, sujeta a la aprobación de los accionistas en la junta general extraordinaria convocada para el 14 de julio de 2025. Tras la aprobación, un período obligatorio de notificación de 10 días por parte de Nasdaq retrasaría la consolidación hasta aproximadamente el 25 de julio de 2025, y el cumplimiento se lograría solo después de que las acciones cotizaran por encima de $1.00 durante 10 días consecutivos, situando la ventana de cumplimiento más temprana a principios o mediados de agosto de 2025.

La compañía advierte que no hay garantía de que los accionistas aprueben la consolidación ni de que el precio posterior cumpla con los requisitos de Nasdaq, lo que deja un riesgo continuo de exclusión de la cotización.

Silexion Therapeutics Corp (SLXN)는 나스닥 상장 상태와 관련된 일정 세부사항을 명확히 하기 위해 수정된 Form 8-K를 제출했습니다.

나스닥 청문회 패널은 회사의 상장 지속을 승인했으나 가능한 한 빨리 일반주와 워런트를 나스닥 글로벌 마켓에서 나스닥 캐피털 마켓으로 이전할 예정입니다. 원래 제출서에는 이 이전이 2025년 7월 8일에 이루어질 수 있다고 명시되었으나, 수정서에는 정확한 날짜가 아직 불확실하다고 기재되어 있습니다.

Silexion은 또한 자사 주가가 30거래일 연속으로 $1.00 미만으로 마감할 경우 나스닥 상장 규칙 5550(a)(2)(최소 입찰 가격 $1.00)을 위반할 수 있음을 경고합니다. 경영진은 2025년 7월 14일 재소집된 주주총회에서 승인받는 것을 조건으로 1대 15 액면병합을 통해 문제를 해결할 계획입니다. 승인 후에는 나스닥의 10일 필수 통지 기간이 있어 액면병합은 대략 2025년 7월 25일경에 이루어지며, 주가가 10거래일 연속 $1.00 이상 거래되어야만 규정 준수가 완료되어 가장 빠른 준수 시점은 2025년 8월 초~중순이 될 것입니다.

회사는 주주가 액면병합을 승인하거나 병합 후 주가가 나스닥 요건을 충족할 것이라는 보장이 없다며 상장 폐지 위험이 계속 존재함을 경고합니다.

Silexion Therapeutics Corp (SLXN) a déposé un formulaire 8-K modifié afin de clarifier les détails temporels relatifs à son statut de cotation au Nasdaq.

Le panel d'audiences du Nasdaq a accordé à la société la poursuite de sa cotation, mais transférera les actions ordinaires et les bons de souscription du Nasdaq Global Market au Nasdaq Capital Market dès que possible. Alors que le dépôt initial indiquait que ce transfert pourrait avoir lieu le 8 juillet 2025, l'amendement précise que la date exacte reste incertaine.

Silexion avertit également qu'elle pourrait devenir non conforme à la règle de cotation Nasdaq 5550(a)(2) (prix d'offre minimum de 1,00 $) si ses actions clôturent en dessous de ce seuil pendant 30 jours de bourse consécutifs. La direction prévoit de remédier à toute déficience par un regroupement d'actions inversé au ratio de 1 pour 15, sous réserve de l'approbation des actionnaires lors de l'assemblée générale convoquée à nouveau le 14 juillet 2025. Après approbation, une période de notification obligatoire de 10 jours par le Nasdaq repousserait le regroupement vers le 25 juillet 2025 environ, la conformité n'étant atteinte qu'après que l'action ait été cotée au-dessus de 1,00 $ pendant 10 jours consécutifs — plaçant la fenêtre de conformité la plus précoce au début ou au milieu du mois d'août 2025.

La société met en garde qu'il n'y a aucune garantie que les actionnaires approuvent le regroupement ou que le prix post-regroupement respecte les exigences du Nasdaq, laissant un risque continu de radiation.

Silexion Therapeutics Corp (SLXN) hat ein geändertes Formular 8-K eingereicht, um die zeitlichen Details bezüglich seines Nasdaq-Listings zu klären.

Das Nasdaq-Hörpanel hat dem Unternehmen die Fortsetzung der Notierung gewährt, wird jedoch die Stammaktien und Warrants vom Nasdaq Global Market zum Nasdaq Capital Market übertragen, sobald dies praktikabel ist. Während die ursprüngliche Einreichung den Wechsel für den 8. Juli 2025 angab, stellt die Änderung fest, dass das genaue Datum noch ungewiss ist.

Silexion warnt außerdem, dass es gegen die Nasdaq-Listing-Regel 5550(a)(2) (Mindestgebotspreis von 1,00 USD) verstoßen könnte, falls die Aktien für 30 aufeinanderfolgende Handelstage unter diesem Schwellenwert schließen. Das Management plant, etwaige Mängel durch einen 1-zu-15 Reverse-Split zu beheben, der der Zustimmung der Aktionäre auf der neu einberufenen Hauptversammlung am 14. Juli 2025 unterliegt. Nach der Zustimmung würde eine obligatorische 10-tägige Nasdaq-Mitteilungsfrist den Split auf etwa den 25. Juli 2025 verschieben, wobei die Einhaltung erst erreicht wird, wenn die Aktie an 10 aufeinanderfolgenden Tagen über 1,00 USD handelt – womit das früheste Einhaltungsfenster Anfang bis Mitte August 2025 liegt.

Das Unternehmen weist darauf hin, dass keine Garantie besteht, dass die Aktionäre dem Split zustimmen oder dass der Kurs nach dem Split die Nasdaq-Anforderungen erfüllt, wodurch weiterhin ein Risiko für eine Delistung besteht.

Positive
  • Nasdaq hearings panel allowed continued listing, giving SLXN time to address deficiencies.
  • Clear, time-bound compliance plan (1-for-15 reverse split followed by 10-day trading window) provides visibility to investors.
Negative
  • Downgrade from Nasdaq Global Market to Nasdaq Capital Market signals higher risk and lower listing standards.
  • Potential bid-price deficiency remains unresolved; success depends on shareholder approval and post-split market performance.
  • Reverse split ratio of 1-for-15 could reduce liquidity and negatively impact existing shareholders.

Insights

TL;DR: Listing preserved but downgraded; compliance hinges on reverse split and share performance.

The hearing outcome averts immediate delisting, preserving access to U.S. capital markets, yet the move to the Nasdaq Capital Market signals elevated risk. A 1-for-15 reverse split typically reduces float and may improve bid price optics but does not address underlying valuation drivers; sustained post-split trading above $1 is uncertain without catalysts. Investors should watch the 14 July AGM vote and volume/liquidity after the anticipated 25 July split. Given the absence of financial metrics or operational updates, I view the disclosure as neutral for valuation but highlighting near-term technical overhang.

TL;DR: Downgrade to Capital Market and reliance on shareholder-approved split heighten governance and compliance risk.

Transferring to the Nasdaq Capital Market reduces minimum listing standards, reflecting the company’s weakened compliance profile. The reliance on a reverse split approved by shareholders within six days is tight; failure would likely trigger a definitive delisting path. Even if approved, the market must accept the higher per-share price for 10 sessions—no guarantee in a micro-cap biotech with limited liquidity. Therefore, I classify the situation as carrying a negative governance signal, though not yet terminal.

Silexion Therapeutics Corp (SLXN) ha presentato un modulo 8-K modificato per chiarire i dettagli temporali relativi al suo stato di quotazione al Nasdaq.

Il panel delle udienze del Nasdaq ha concesso all'azienda la continuazione della quotazione, ma trasferirà le azioni ordinarie e i warrant dal Nasdaq Global Market al Nasdaq Capital Market non appena possibile. Mentre la dichiarazione originale indicava che il trasferimento poteva avvenire l'8 luglio 2025, l'emendamento precisa che la data esatta è ancora incerta.

Silexion avverte inoltre che potrebbe diventare non conforme alla Regola di Quotazione Nasdaq 5550(a)(2) (prezzo minimo di offerta di $1,00) se le sue azioni chiudono sotto questa soglia per 30 giorni di negoziazione consecutivi. La direzione intende risolvere eventuali carenze tramite un raggruppamento azionario inverso 1-per-15, soggetto all'approvazione degli azionisti nell'assemblea generale riconvocata il 14 luglio 2025. Dopo l'approvazione, un periodo di notifica obbligatorio di 10 giorni da parte del Nasdaq sposterà l'operazione a circa il 25 luglio 2025, con la conformità raggiunta solo dopo che il titolo avrà superato $1,00 per 10 giorni consecutivi, collocando la finestra di conformità più anticipata a inizio-metà agosto 2025.

L'azienda avverte che non vi è alcuna garanzia che gli azionisti approvino il raggruppamento o che il prezzo post-raggruppamento soddisfi i requisiti Nasdaq, lasciando un rischio continuo di esclusione dalla quotazione.

Silexion Therapeutics Corp (SLXN) ha presentado un Formulario 8-K enmendado para aclarar los detalles temporales relacionados con su estatus de cotización en Nasdaq.

El panel de audiencias de Nasdaq ha concedido a la compañía la continuidad en la cotización, pero transferirá las acciones ordinarias y los warrants del Nasdaq Global Market al Nasdaq Capital Market tan pronto como sea posible. Mientras que la presentación original indicaba que el movimiento podría ocurrir el 8 de julio de 2025, la enmienda señala que la fecha exacta sigue siendo incierta.

Silexion también advierte que podría incumplir la Regla de Cotización Nasdaq 5550(a)(2) (precio mínimo de oferta de $1.00) si sus acciones cierran por debajo de ese umbral durante 30 días de negociación consecutivos. La gerencia planea corregir cualquier deficiencia mediante una consolidación inversa de acciones 1 por 15, sujeta a la aprobación de los accionistas en la junta general extraordinaria convocada para el 14 de julio de 2025. Tras la aprobación, un período obligatorio de notificación de 10 días por parte de Nasdaq retrasaría la consolidación hasta aproximadamente el 25 de julio de 2025, y el cumplimiento se lograría solo después de que las acciones cotizaran por encima de $1.00 durante 10 días consecutivos, situando la ventana de cumplimiento más temprana a principios o mediados de agosto de 2025.

La compañía advierte que no hay garantía de que los accionistas aprueben la consolidación ni de que el precio posterior cumpla con los requisitos de Nasdaq, lo que deja un riesgo continuo de exclusión de la cotización.

Silexion Therapeutics Corp (SLXN)는 나스닥 상장 상태와 관련된 일정 세부사항을 명확히 하기 위해 수정된 Form 8-K를 제출했습니다.

나스닥 청문회 패널은 회사의 상장 지속을 승인했으나 가능한 한 빨리 일반주와 워런트를 나스닥 글로벌 마켓에서 나스닥 캐피털 마켓으로 이전할 예정입니다. 원래 제출서에는 이 이전이 2025년 7월 8일에 이루어질 수 있다고 명시되었으나, 수정서에는 정확한 날짜가 아직 불확실하다고 기재되어 있습니다.

Silexion은 또한 자사 주가가 30거래일 연속으로 $1.00 미만으로 마감할 경우 나스닥 상장 규칙 5550(a)(2)(최소 입찰 가격 $1.00)을 위반할 수 있음을 경고합니다. 경영진은 2025년 7월 14일 재소집된 주주총회에서 승인받는 것을 조건으로 1대 15 액면병합을 통해 문제를 해결할 계획입니다. 승인 후에는 나스닥의 10일 필수 통지 기간이 있어 액면병합은 대략 2025년 7월 25일경에 이루어지며, 주가가 10거래일 연속 $1.00 이상 거래되어야만 규정 준수가 완료되어 가장 빠른 준수 시점은 2025년 8월 초~중순이 될 것입니다.

회사는 주주가 액면병합을 승인하거나 병합 후 주가가 나스닥 요건을 충족할 것이라는 보장이 없다며 상장 폐지 위험이 계속 존재함을 경고합니다.

Silexion Therapeutics Corp (SLXN) a déposé un formulaire 8-K modifié afin de clarifier les détails temporels relatifs à son statut de cotation au Nasdaq.

Le panel d'audiences du Nasdaq a accordé à la société la poursuite de sa cotation, mais transférera les actions ordinaires et les bons de souscription du Nasdaq Global Market au Nasdaq Capital Market dès que possible. Alors que le dépôt initial indiquait que ce transfert pourrait avoir lieu le 8 juillet 2025, l'amendement précise que la date exacte reste incertaine.

Silexion avertit également qu'elle pourrait devenir non conforme à la règle de cotation Nasdaq 5550(a)(2) (prix d'offre minimum de 1,00 $) si ses actions clôturent en dessous de ce seuil pendant 30 jours de bourse consécutifs. La direction prévoit de remédier à toute déficience par un regroupement d'actions inversé au ratio de 1 pour 15, sous réserve de l'approbation des actionnaires lors de l'assemblée générale convoquée à nouveau le 14 juillet 2025. Après approbation, une période de notification obligatoire de 10 jours par le Nasdaq repousserait le regroupement vers le 25 juillet 2025 environ, la conformité n'étant atteinte qu'après que l'action ait été cotée au-dessus de 1,00 $ pendant 10 jours consécutifs — plaçant la fenêtre de conformité la plus précoce au début ou au milieu du mois d'août 2025.

La société met en garde qu'il n'y a aucune garantie que les actionnaires approuvent le regroupement ou que le prix post-regroupement respecte les exigences du Nasdaq, laissant un risque continu de radiation.

Silexion Therapeutics Corp (SLXN) hat ein geändertes Formular 8-K eingereicht, um die zeitlichen Details bezüglich seines Nasdaq-Listings zu klären.

Das Nasdaq-Hörpanel hat dem Unternehmen die Fortsetzung der Notierung gewährt, wird jedoch die Stammaktien und Warrants vom Nasdaq Global Market zum Nasdaq Capital Market übertragen, sobald dies praktikabel ist. Während die ursprüngliche Einreichung den Wechsel für den 8. Juli 2025 angab, stellt die Änderung fest, dass das genaue Datum noch ungewiss ist.

Silexion warnt außerdem, dass es gegen die Nasdaq-Listing-Regel 5550(a)(2) (Mindestgebotspreis von 1,00 USD) verstoßen könnte, falls die Aktien für 30 aufeinanderfolgende Handelstage unter diesem Schwellenwert schließen. Das Management plant, etwaige Mängel durch einen 1-zu-15 Reverse-Split zu beheben, der der Zustimmung der Aktionäre auf der neu einberufenen Hauptversammlung am 14. Juli 2025 unterliegt. Nach der Zustimmung würde eine obligatorische 10-tägige Nasdaq-Mitteilungsfrist den Split auf etwa den 25. Juli 2025 verschieben, wobei die Einhaltung erst erreicht wird, wenn die Aktie an 10 aufeinanderfolgenden Tagen über 1,00 USD handelt – womit das früheste Einhaltungsfenster Anfang bis Mitte August 2025 liegt.

Das Unternehmen weist darauf hin, dass keine Garantie besteht, dass die Aktionäre dem Split zustimmen oder dass der Kurs nach dem Split die Nasdaq-Anforderungen erfüllt, wodurch weiterhin ein Risiko für eine Delistung besteht.

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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

 

July 8, 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 8.01. Other Events.

 

Overpayment in the Redemption of the December 2024 Extension Redeeming Stockholders and Correction for the Overpayment Amount

 

On December 3, 2024, Globalink Investment Inc., a Delaware corporation (the “Company”) held a special meeting of its stockholders (the “December 2024 Extension Meeting”). In connection with the December 2024 Extension Meeting, as set forth in the Company’s Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 6, 2024, the holders of 2,285,056 shares of the Company’s common stock (the “Public Shares”) properly exercised their right to redeem (the “December 2024 Extension Redeeming Stockholders”) such shares for a pro rata portion of the funds in the Company’s trust account (“Trust Account”).

 

On December 11, 2024, a redemption payment was made by Continental Stock Transfer & Trust Company (“CST”), as trustee of the Trust Account, to the December 2024 Extension Redeeming Stockholders at a rate of $11.76793993 per share (the “December 2024 Redemption Payment”). It was later determined that the Company did not withdraw all of the interest from the Trust Account that it was allowed to withdraw to cover income and franchise taxes and, therefore, the December 2024 Payment should have been approximately $11.52149928 per share. This meant that the December 2024 Extension Redeeming Stockholders were overpaid in the amount of $0.24643075 per share (the “December 2024 Extension Overpayment Amount”).

 

The December 2024 Extension Redeeming Stockholders are in the process of being notified of this situation and are being instructed to return the December 2024 Extension Overpayment Amount to CST. Anyone with questions about the contents of this report, can reach out to CST at spacredemptions@continentalstock.com.

 

June 2025 Extension Stockholder Meeting and Per Share Redemption to be Paid to June 2025 Extension Redeeming Stockholders

 

On June 4, 2025, the Company held another special meeting of stockholders (the “June 2025 Extension Meeting”). At the June 2025 Extension Meeting, the Company’s stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to extend the date by which the Company must consummate its initial business combination from June 9, 2025 to July 9, 2025 (and may be extended to December 9, 2025 on a monthly basis). In connection with the June 2025 Extension Meeting, stockholders holding 204,910 Public Shares properly exercised their right to redeem (the “June 2025 Extension Redeeming Stockholders”) such shares for a pro rata portion of the funds in the Company’s Trust Account.

 

The Company is taking into account an adjustment to the balance in the Trust Account for the December 2024 Extension Overpayment Amount as described above and an additional tax withdrawal from the Trust Account for taxes payable since the December 2024 Extension Meeting and is working diligently to determine the per share redemption payment to be paid to the June 2025 Extension Redeeming Stockholders who properly submitted for redemption (the “June 2025 Redemption Payment”).

 

Cautionary Note Regarding Forward Looking Statements

 

Certain statements in this Current Report on Form 8-K are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential,” “outlook,” “guidance” or the negative of those terms or other comparable terminology. These statements are based on the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause future events to differ materially from those in the forward-looking statements, many of which are outside of the Company’s control. These factors include, but are not limited to, a variety of risk factors affecting the Company’s business and prospects, see the section titled “Risk Factors” in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2024 filed with the SEC on March 25, 2025 and the prospectus filed with the SEC on December 6, 2021 and subsequent reports filed with the SEC, as amended from time to time. Any forward-looking statements are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

 

 

 

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: July 8, 2025

 

  GLOBALINK INVESTMENT INC.
     
  By: /s/ Say Leong Lim
  Name: Say Leong Lim
  Title: Chief Executive Officer, Chief Financial Officer and Chairman of the Board of Directors

 

 

FAQ

Why is Silexion Therapeutics (SLXN) moving to the Nasdaq Capital Market?

The hearings panel granted continued listing but required a transfer to the Capital Market due to compliance concerns.

When will the 1-for-15 reverse stock split for SLXN occur?

If shareholders approve on 14 July 2025, the split could be effected after a 10-day notice period, around 25 July 2025.

How will SLXN regain compliance with the $1.00 minimum bid rule?

Post-split, the stock must close above $1.00 for 10 consecutive trading days, likely in early-to-mid August 2025.

What happens if SLXN shareholders reject the reverse split proposal?

Failure to approve would leave the company without a clear path to cure the bid-price deficiency, increasing delisting risk.

Does the amendment affect any other information from the original 8-K?

No. It solely updates timing for the market transfer and potential bid-price compliance schedule.
Globalink Investment Inc.

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