[8-K] – INTERLINK ELECTRONICS INC (LINK) (CIK 0000828146)

Rhea-AI Filing Summary

Interlink Electronics, Inc. announced a mandatory conversion of all outstanding 8.00% Series A Convertible Preferred Stock into Common Stock on October 15, 2025, pursuant to Section 7 of its Certificate of Designations. Each preferred share converts into three shares of Common Stock. The company exercised this right after its Common Stock satisfied the trigger condition that it close at or above 120% of the Conversion Price, or $10.00 per share, for 20 trading days within a 30‑day window.

This action removes the Series A Preferred layer from the capital structure and increases the common share count through the 3‑for‑1 conversion ratio. The company issued a press release on the same date confirming the conversion.

Insights

Capital structure analyst

All Series A preferred converted 3:1 into common after price trigger.

Interlink Electronics effected a mandatory conversion of its 8.00% Series A Convertible Preferred into common shares under the Certificate of Designations. The trigger required the common stock to close at or above 120% of the Conversion Price, or $10.00 per share, for 20 out of 30 trading days before the notice date.

The conversion ratio is three common shares per preferred share, which increases common equity outstanding and eliminates the Series A Preferred class. This simplifies the equity stack and consolidates investor exposure into common stock.

The immediate impact depends on the number of preferred shares previously outstanding, which is not detailed in the excerpt. Subsequent disclosures may quantify the resulting common share increase and any related capitalization updates as of October 15, 2025.

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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

Date of Report (Date of Earliest Event Reported): October 15, 2025

INTERLINK ELECTRONICS, INC.

(Exact Name of Registrant as Specified in Charter)

Nevada	001-37659	77-0056625
(State or Other Jurisdiction	(Commission	(IRS Employer
of Incorporation)	File Number)	Identification No.)

	48389 Fremont Blvd., Suite 110
	Fremont, California	94538
	(Address of Principal Executive Offices)	(Zip Code)

(510) 244-0424

(Registrant’s telephone number, including area code)

Not Applicable

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

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.001 par value		LINK		The NASDAQ Stock Market LLC

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 (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c)) under the Exchange Act (17 CFR 240.13e-4(c))

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

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.

As previously disclosed, Interlink Electronics, Inc. (the “Company”) previously issued and sold shares of the Company’s 8.00% Series A Convertible Preferred Stock, par value $0.01 per share (the “Series A Preferred Stock”), in connection with a private placement that closed on October 22, 2021. Each share of Series A Preferred Stock is convertible into three shares of the Company’s Common Stock. Pursuant to the Company’s Certificate of Designations, Preferences, Limitations Restrictions and Relative Rights of Series A Preferred Stock (the “Certificate of Designations”), subject to certain exceptions and limitations, the Company has the right to direct the mandatory conversion (the “Mandatory Conversion”) of the Series A Preferred Stock in certain events, including in the event that the closing price of the Common Stock closes at or above one hundred twenty percent (120%) of the Conversion Price (as defined in the Certificate of Designations), or $10.00 per share, for twenty (20) trading days within a period of thirty (30) consecutive trading days ending on the business day immediately prior to the Mandatory Conversion Notice Date (as defined below).

On October 15, 2025 (the “Mandatory Conversion Notice Date”) the Company converted all shares of Series A Preferred Stock into shares of Common Stock, pursuant to and in accordance with Section 7 of the Certificate of Designations.

The foregoing summary of the Certificate of Designations does not purport to be complete and is subject to, and qualified in its entirety by, such document attached as Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed with the Securities and Exchange Commission on October 25, 2021, and such document attached as Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 23, 2021, each of which is incorporated herein by reference.

Item 8.01 Other Events

On October 15, 2025, the Company issued a press release announcing the Mandatory Conversion, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No.		Description
99.1		Press Release dated October 15, 2025.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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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.

Date: October 15, 2025	INTERLINK ELECTRONICS, INC.
	By:	/s/ Ryan J. Hoffman
		Ryan J. Hoffman
		Chief Financial Officer

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FAQ

What did Interlink Electronics (LINK) announce?

The company completed a mandatory conversion of all outstanding 8.00% Series A Convertible Preferred Stock into Common Stock on October 15, 2025.

What is the conversion ratio for Interlink’s Series A Preferred?

Each share of Series A Preferred Stock converts into three shares of the company’s Common Stock.

What price condition triggered the mandatory conversion for LINK?

The stock satisfied the condition of closing at or above 120% of the Conversion Price, or $10.00 per share, for 20 trading days within 30.

When was the mandatory conversion notice date for Interlink Electronics?

October 15, 2025.

Did Interlink issue a press release about the conversion?

Yes. A press release dated October 15, 2025 (Exhibit 99.1) announced the mandatory conversion.