Linkage Global (LGCB) sells 4M new shares for $2M in cash
Rhea-AI Filing Summary
Linkage Global Inc. entered into a Securities Purchase Agreement with five non-U.S. investors for a private placement of 4,000,000 Class A ordinary shares at $0.50 per share, raising gross proceeds of $2,000,000. The company plans to use the cash for general corporate purposes, including working capital and expanding its cross-border sales operations.
The shares were issued under Regulation S as they were sold only to non-U.S. persons. Linkage Global agreed to file a Form F-1 registration statement within 45 days to register these shares and will use commercially reasonable efforts to have it declared effective within 90 to 120 days after filing. The private placement is expected to close on or before March 17, 2026.
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Insights
Linkage Global raises $2M via offshore share sale and plans registration.
Linkage Global Inc. is raising $2,000,000 by issuing 4,000,000 Class A ordinary shares at $0.50 each in a private placement to five non-U.S. investors under Regulation S. This immediately strengthens its cash position.
The company states that net proceeds will fund general corporate purposes, working capital, and expansion of cross-border sales operations, tying the capital raise directly to growth-oriented uses. The actual impact depends on how effectively this capital supports revenue-generating activities.
The agreement requires a Form F-1 registration filing within 45 days of February 18, 2026 and targets effectiveness within 90 to 120 days after filing. Subsequent updates on the F-1 process and closing by March 17, 2026 will show execution progress.