[6-K] Linkage Global Inc Current Report (Foreign Issuer)
Rhea-AI Filing Summary
Linkage Global Inc entered into a Securities Purchase Agreement with a non-U.S. investor for a private placement of 689,655 Class A ordinary shares at
The shares were issued under Regulation S to non-U.S. persons and are subject to a 180-day lock-up period from the closing date, limiting immediate resale. Within 45 days of the agreement date, the company will file a registration statement with the SEC to permit resale of these shares and will use commercially reasonable efforts to have it declared effective within 90 days of filing, or 120 days in the event of a full SEC review.
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Insights
LGCB raises $1M through a locked-up Regulation S equity placement.
Linkage Global Inc has agreed to sell 689,655 Class A ordinary shares at
The deal is structured under Regulation S, meaning the purchaser is a non-U.S. person and the shares are initially restricted, with a 180-day lock-up from closing. This lock-up delays potential secondary market selling pressure. The company also commits to file a resale registration statement within 45 days of the agreement and to use commercially reasonable efforts to have it declared effective within 90–120 days of filing, which, once effective, would allow public resales of these shares.
Overall, this transaction modestly strengthens liquidity while adding some future equity overhang once resale is permitted. Actual market impact will depend on trading volumes and the holder’s selling behavior after the lock-up and effectiveness of the resale registration.