ASA Robotics deal delayed as ModuLink Inc. (OTC: MDLK) refines structure

Rhea-AI Filing Summary

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.

Insights

M&A and corporate strategy analyst

ModuLink delays ASA Robotics closing to rework structure and governance.

ModuLink Inc. is renegotiating the timeline of its planned acquisition of a 60% stake in Asa Robotics Limited. The extension is tied to capital restructuring of ASA’s share capital and designing a governance framework the parties view as better aligned for the long term.

The update highlights plans for an institutional, technology-focused minority investor to participate alongside ModuLink. That investor is expected to enhance strategic collaboration and support ModuLink’s growth initiatives, while ModuLink retains majority ownership and operational control, which can be important for directing integration and product strategy.

At the same time, the company reiterates standard deal risks: closing depends on completing restructuring, documentation, and customary conditions, and there is explicit acknowledgement the transaction may not occur on the anticipated terms, within the expected timeframe, or at all. Future company communications after the anticipated closing will be key to confirming whether the acquisition is ultimately consummated.

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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): February 27, 2026

ModuLink Inc.

(Exact name of registrant as specified in its charter)

Nevada

(State or other jurisdiction of incorporation)

000-55649

(Commission File Number)

45-5692180

(IRS Employer Identification No.)

Unit 2, Level 6

Westin Centre

26 Hung To Road

Kwun Tong, Hong Kong 9990777

(Address of principal executive offices)(Zip Code)

(888) 493-8028

Registrant’s telephone number, including area code

(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 (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))

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

Title of each class Trading Symbol(s) Name of each exchange on which registered

Indicate by check mark whether the registrant is an emerging growth company as defined in 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 checkmark 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 7.01 Regulation FD Disclosure.

On February 27, 2026, the Company issued a press release entitled “ModuLink Inc. (MDLK) Provides Update on ASA Acquisition and Strategic Alignment”.  Such press release is furnished pursuant to Item 7.01 as Exhibit 99.1 hereto.

The information in the referenced in the press release shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

Exhibit		Description
99.1		Press Release, dated February 27, 2026.
104		Cover Page Interactive File (embedded within the Inline XBRL document)

2

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.

	INTERNATIONAL ENDEAVORS CORPORATION
Date: February 27, 2026	By:	/s/ FU, Wah
	Name:	FU, Wah
	Title:	Chief Executive Officer
		(principal executive officer)

3

EXHIBIT 99.1

ModuLink Inc. (MDLK) Provides Update on ASA Acquisition and Strategic Alignment

Press Release

OTC Disclosure & News Service | 02/27/2026

ModuLink Inc. (OTC: MDLK) (“ModuLink” or the “Company”) today provided an update further to its announcements dated January 26 and February 12, 2026 regarding its proposed acquisition of a 60% equity interest in Asa Robotics Limited (“ASA”), a Hong Kong–based robotics and intelligent automation company.

As previously disclosed, the Company had anticipated completing the acquisition on or before February 28, 2026. The parties have now mutually agreed to extend the expected completion date to allow additional time to finalize certain capital restructuring matters relating to ASA’s share capital and to ensure an optimal governance framework and long-term strategic alignment. The parties are currently finalizing documentation reflecting these arrangements. As a result, the anticipated closing date may occur later than originally expected.

The Company believes that completing these steps prior to closing will strengthen ASA’s shareholder structure and position it for accelerated innovation and commercialization. The participation of an institutional and technology-focused minority investor is expected to enhance strategic collaboration and provide additional support to ModuLink’s growth initiatives, while preserving its majority ownership and operational control.

ModuLink remains fully committed to consummating the transaction as soon as practicable and expects to provide a further update upon completion of the acquisition.

Forward-Looking Statements Safe Harbor

This press release contains forward-looking statements which are included within the meaning of Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "estimate," "expect," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions. Forward-looking statements in this release may include, without limitation, statements regarding the Company’s business strategy, expansion plans, product development initiatives, partnerships, market opportunities, operational outlook, anticipated financial performance, and the expected benefits, timing, completion, integration and impact of the proposed acquisition of a 60% equity interest in Asa Robotics Limited.

These forward-looking statements are based on current expectations, assumptions, estimates, and projections made by management and are not guarantees of future performance. Actual results may differ materially from those expressed or implied due to various risks and uncertainties, including, but not limited to: the satisfaction of customary closing conditions; the receipt of required regulatory or third-party approvals; risks associated with integrating acquired businesses; the ability of ASA to achieve expected operational or commercial performance following closing; market acceptance of robotics and artificial intelligence solutions; changes in economic, regulatory, or industry conditions; competitive pressures; capital and liquidity requirements; and other risks beyond the Company’s control.

Although the Company has executed a definitive Share Purchase Agreement, there can be no assurance that the transaction will be completed on the anticipated terms or within the expected timeframe, or at all. Existing and prospective investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. ModuLink Inc. assumes no obligation to update or revise any forward-looking statements to reflect future events, developments, or changes in expectations, except as required by applicable law.

Information on the Company’s website at www.modulinktech.com does not constitute a part of this release.

Contact

ModuLink Inc.
Phone: 888-493-8028
Email: IR@modulinktech.com

SOURCE: ModuLink Inc.

FAQ

What did ModuLink Inc. (IDVV) announce about the ASA Robotics acquisition?

ModuLink Inc. announced that its planned acquisition of a 60% equity interest in Asa Robotics Limited will take longer than first expected, as both parties extend the timeline to complete capital restructuring and finalize governance arrangements before closing the transaction.

Why was the expected closing date for ModuLink’s ASA Robotics deal extended?

The closing date was extended so the parties can finalize capital restructuring of ASA’s share capital and establish an optimal governance framework and long-term strategic alignment. Documentation reflecting these arrangements is still being completed, so closing may occur later than originally anticipated.

What ownership stake will ModuLink hold in Asa Robotics after the acquisition?

Under the proposed transaction, ModuLink plans to acquire a 60% equity interest in Asa Robotics Limited. This majority stake is intended to give ModuLink operational control while allowing an institutional, technology-focused minority investor to participate alongside it in ASA’s shareholder base.

Will ModuLink retain control of Asa Robotics after the transaction closes?

Yes. ModuLink expects to retain majority ownership and operational control through its 60% equity interest in Asa Robotics. An institutional, technology-focused minority investor is anticipated to join ASA’s shareholder base, supporting strategic collaboration while ModuLink remains the controlling shareholder directing operations.

Is ModuLink’s acquisition of Asa Robotics guaranteed to be completed?

Completion is not guaranteed. ModuLink notes that, despite a definitive Share Purchase Agreement, there can be no assurance the transaction will close on the anticipated terms, within the expected timeframe, or at all, due to closing conditions, approvals, integration risks, and broader market or regulatory factors.

How does ModuLink describe the strategic benefits of acquiring Asa Robotics?

ModuLink believes completing the capital restructuring and governance steps before closing will strengthen ASA’s shareholder structure and position it for accelerated innovation and commercialization, while an institutional technology-focused minority investor is expected to bolster strategic collaboration and support ModuLink’s broader growth initiatives.

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 MODULINK INC. (MDLK) PROVIDES UPDATE ON ASA ACQUISITION AND STRATEGIC ALIGNMENT 7.9 KB

Other Documents

• EX-101 XBRL SCHEMA FILE 3.0 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB