ModuLink Inc. SEC Filings

ModuLink Inc., a Nevada holding company operating mainly through Hong Kong subsidiaries, reported a net loss of $208,865 for the quarter ended March 31, 2026 on revenue of $151,840, down sharply from $429,096 a year earlier. Cash fell to $70,035, with total assets of $576,250 and current liabilities of $835,056, leaving a stockholders’ deficit of $258,806. Management discloses substantial doubt about the company’s ability to continue as a going concern and plans to rely on new equity placements, shareholder support and financing.

The company highlights significant legal and operational risks from its Hong Kong structure and evolving PRC regulations, including potential restrictions on cash movements, cybersecurity and data rules, and the Holding Foreign Companies Accountable Act, which could ultimately lead to trading prohibitions or delisting if PCAOB access changes. ModuLink does not expect to pay dividends and intends to reinvest earnings. Subsequent events include acquiring 60% of ASA Robotics and a private placement of Series A preferred stock to fund its modular construction, AWG water systems and AI healthcare initiatives.

Modulink Inc. notified the SEC that it could not timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2026 and submitted a Form 12b-25 seeking the extension permitted under Rule 12b-25. The company states additional time is required to complete financial statement preparation and disclosure review relating to recent financing transactions and expects to file within the Rule 12b-25 extension period.

ModuLink Inc. entered into securities purchase agreements for a private placement of up to 12,500 shares of Series A Convertible Preferred Stock at $80.00 per share. As of this report, the company has sold 3,750 preferred shares for aggregate gross proceeds of approximately $300,000.

Each Series A Preferred share is convertible, at the holder’s option, into 20,000 shares of common stock after the earlier of six months from issuance or a qualified liquidity event. The preferred stock votes with common stock on an as-converted basis, carries non-cumulative dividends, and was sold offshore to non-U.S. persons under Regulation S.

ModuLink Inc. has appointed Dr. Henry Wah Shing Lam, aged 31, as Chief Technology Officer, effective May 1, 2026. He will define and execute the group-wide technology strategy, lead innovation and R&D, and support digital transformation across all subsidiaries and business units.

Dr. Lam is the founder and Chief Executive Officer of ASA Robotics Limited, where he built robotics, automation and AI-driven solutions for clients in multiple industries. He holds a PhD in Biomedical Engineering and a first-class honours degree in Mechatronic Engineering from City University of Hong Kong, and has prior research experience in medical micro-robotics and artificial intelligence.

ModuLink Inc., through its wholly owned subsidiary ModuLink InnoTech Limited, has completed the acquisition of a 60% equity interest in Hong Kong-based ASA Robotics Limited, a robotics and intelligent automation company. In exchange, ModuLink issued 6,500 shares of its Series A Convertible Preferred Stock to selling shareholder Wah Shing Lam, representing aggregate consideration of about HK$5,000,000 (US$641,026). ASA Robotics becomes a majority-owned subsidiary, while existing minority investors retain the remaining 40%.

ASA Robotics reported revenue of approximately HK$1.6 million for the year ended March 31, 2026, up from about HK$0.5 million the prior year, with gross profit rising to roughly HK$1.0 million and gross margin improving from about 10.1% to 60.5%. ModuLink plans to integrate ASA’s robotics platform into its broader strategy across healthcare, smart living, and building technologies, while also continuing to advance its Luna AI healthcare monitoring and fall-prevention solution built around recurring revenue streams.

ModuLink Inc., a Nevada holding company, files its annual report outlining a major shift into modular, technology-enabled property development via Hong Kong and Australian subsidiaries. The group focuses on Modular Integrated Construction (MiC) combined with Air‑to‑Water systems and IoT-based smart building management.

Operations and assets sit largely in Hong Kong and abroad, creating legal, regulatory and cash-transfer risks tied to PRC and Hong Kong policy, PCAOB access and HFCAA. Revenue remains highly concentrated, with related‑party customers and suppliers significant, and the company estimates needing about $6.5 million over 12 months and $13 million over 24 months to execute its plan.

ModuLink Inc. has updated investors on its planned acquisition of a 60% equity interest in Hong Kong–based Asa Robotics Limited (ASA). The deal had been expected to close on or before February 28, 2026, but the parties have agreed to extend the expected completion date.

The delay is intended to allow more time to finalize capital restructuring of ASA’s share capital and to put in place an optimal governance framework and long-term strategic alignment. An institutional, technology-focused minority investor is expected to join ASA’s shareholder base, supporting collaboration and ModuLink’s growth initiatives while preserving ModuLink’s majority ownership and operational control.

ModuLink states it remains committed to completing the transaction and will provide another update once the acquisition closes, but cautions there is no assurance the deal will be completed on the anticipated terms, within the expected timeframe, or at all.

ModuLink Inc. filed a Form 8-K to furnish, under Item 7.01 Regulation FD Disclosure, a press release titled “ModuLink Inc. (MDLK) Releases Shareholder Letter and Corporate Update” and a separate letter to stockholders, both dated January 30, 2026.

The press release is attached as Exhibit 99.1 and the stockholder letter as Exhibit 99.2. The company states that the information in these materials is furnished, not filed, under the Exchange Act and is not incorporated by reference into other securities law filings unless specifically referenced.

ModuLink Inc. entered into a Share Purchase Agreement to acquire 60% of Hong Kong-based ASA Robotics Limited, a robotics and artificial intelligence solutions company. As consideration, ModuLink will offer Wah Shing Lam 6,500 shares of its Series A Convertible Preferred Stock through its subsidiary, ModuLink Innotech Limited.

After closing, ModuLink will own 60% of ASA Robotics, while Mr. Lam will hold voting power equal to 130,000,000 ModuLink common shares via the preferred stock, representing about 1.6% of the company’s voting power. ModuLink states its business will not change as a result of this transaction and anticipates closing around February 28, 2026.