Linkage Global Inc. (UZX) regained compliance with Nasdaq’s minimum bid price requirement after its Class A ordinary shares maintained a closing bid price of at least US$1.00 per share for 20 consecutive business days from September 21 through October 16, 2026. Nasdaq confirmed compliance on October 19 and closed the matter.
Nasdaq had notified Linkage Global on June 3, 2026, that its closing bid price had been below US$1.00 for 30 consecutive business days. The initial compliance period ran through November 30, 2026, and required at least 10 consecutive business days at or above US$1.00.
Linkage Global Inc (UZX) completed an exchange of its Original Note for a new senior unsecured convertible note with an original principal amount of $1.7 million on October 14, 2026. The exchange was not a new financing, and the Company received no new cash proceeds; the Original Note was cancelled and superseded.
The New Note matures October 14, 2028, accrues interest at 10% per annum, and generally provides for monthly interest payments in cash or, subject to specified equity conditions, Class A ordinary shares. During the continuance of an event of default, the rate increases to 18% per annum. The note is initially convertible at $1.50 per share, subject to adjustment, including a $0.208 per-share Floor Price in the alternate conversion-price formula. The conversion amount generally equals 110% of specified amounts owed. The Company must reserve at least 200% of the shares calculated to be issuable at the Floor Price, and the Holder is subject to a 4.99% beneficial-ownership limit on conversions.
Linkage Global Inc (UZX) registered up to 217,392 Class A ordinary shares for resale by selling shareholders. The company will receive no proceeds from their sales and will bear the registration costs. The last reported sale price was $1.33 per share on October 1, 2026.
Separately, as of October 2, 2026, Linkage Global held 30,000,000 UZX Tokens with a carrying value of $69.6 million, approximately 76% of total assets; all were staked. The tokens and the Class A shares issued as consideration are subject to an initial 12-month lock-up from March 30, 2026, extended by successive 12-month periods unless Linkage Global and UZX DAO Foundation agree to remove the restrictions.
Revenue for the six months ended March 31, 2026 was approximately $2.62 million, compared with approximately $3.50 million in the same period of 2025, a disclosed decrease of approximately 25.22%, primarily attributable to lower cross-border sales.
Linkage Global Inc (UZX) announced a 23-for-1 share consolidation, approved by shareholders on September 8, 2026. Beginning with the opening of trading on September 21, 2026, its Class A ordinary shares will trade on a split-adjusted basis under the same symbol.
The company said issued and outstanding Class A shares will change from 69,732,831 to approximately 3,031,862, subject to additional Class A shares issued before the effective date and rounding for fractional shares. Class B shares will change from 7,000,000 to approximately 304,348, subject to rounding. Each 23 shares automatically convert to one without shareholder action; no fractional shares will be issued, and each shareholder will receive one share in lieu of a resulting fraction. The stated objective is to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain the listing.
Linkage Global Inc (UZX) reports that an extraordinary general meeting of shareholders was held on September 8, 2026, at 9:30 a.m. Eastern Time in Fuzhou, Fujian Province, People’s Republic of China, where shareholders approved the resolutions presented to them.
The company also states that this report is incorporated by reference into its existing registration statements on Form F-3 (File Nos. 333-293678, 333-296750, 333-297793) and its Form S-8 (File No. 333-295394), linking the EGM outcomes into those offering and equity compensation documents.
Linkage Global Inc (UZX) is asking shareholders at a September 8, 2026 extraordinary general meeting to approve a 23‑for‑1 share consolidation of both its Class A and Class B ordinary shares, effective September 18, 2026. Every 23 Class A or Class B shares with par value US$0.0025 would become one share with par value US$0.0575, with the same rights and restrictions except for par value. As a result, the authorised share capital would remain US$2,525,000 but be re-denominated from 998,000,000 Class A and 12,000,000 Class B shares to 43,391,304.3478261 Class A and 521,739.130434783 Class B shares. The board states the consolidation is intended to help the Company meet Nasdaq’s US$1.00 minimum bid price requirement and maintain its listing. Shareholders are also being asked to approve amended and restated constitutional documents to reflect the consolidation and to authorise potential adjournment of the meeting to solicit additional proxies. The record date for voting is August 12, 2026.
Linkage Global Inc, a Cayman Islands holding company listed on Nasdaq as UZX, has filed a resale registration covering up to 5,000,000 Class A Ordinary Shares held by existing selling shareholders. The company will not receive proceeds from these sales, though it will bear registration expenses.
Linkage operates through subsidiaries in Japan, Hong Kong, mainland China and the U.S., focusing on cross-border product sales and integrated e‑commerce services. Revenue fell from $12.73 million in fiscal 2023 to $5.10 million in 2025, driven mainly by declining cross-border sales, and first‑half 2026 revenue also decreased versus 2025. Extensive disclosures describe regulatory, data, and cash‑transfer risks tied to PRC and Hong Kong operations, potential impacts of cybersecurity and overseas listing rules, and constraints on upstreaming funds. The company is an emerging growth and foreign private issuer, is controlled by a majority shareholder, and has received a Nasdaq minimum bid price deficiency notice, with a grace period through November 30, 2026 to regain compliance.
Linkage Global Inc, a Cayman Islands holding company for e-commerce operations in Japan, Hong Kong, the United States, and mainland China, has established an at-the-market program to sell up to $16,000,000 of Class A ordinary shares through Craft Capital Management LLC as sales agent. The company will pay the sales agent a 3.0% commission on gross proceeds and expects, if the full amount is sold, to receive estimated net proceeds of about $15,455,000 for general corporate purposes. Class A ordinary shares outstanding were 59,138,185 as of July 10, 2026, and could increase to up to 112,649,890 shares if 53,511,705 shares are sold at an assumed price of $0.299 per share; this is a baseline share count illustration, not a commitment. The company highlights significant legal and operational risks tied to its PRC and Hong Kong subsidiaries, including evolving cybersecurity, data, foreign listing, and capital-control regimes, as well as potential HFCAA-related delisting risk and existing Nasdaq minimum bid-price deficiency risk. Investors buy shares in the Cayman holding company, not directly in the operating subsidiaries, and the company currently does not expect to pay dividends in the foreseeable future.
Linkage Global Inc entered a sales agreement with Craft Capital Management LLC permitting an at-the-market offering of Class A ordinary shares with an aggregate offering price of up to $16,000,000 under its effective Form F-3 shelf registration.
The company may instruct the sales agent to sell shares over time, paying a 3.0% commission on gross proceeds and reimbursing up to $75,000 of expenses plus $2,500 per quarter when the program is used. The arrangement imposes no obligation on either party to sell or purchase shares.
Linkage Global Inc reported unaudited results for the six months ended March 31, 2026, showing lower revenue but a smaller loss. Revenue was $2.62 million, down from $3.50 million a year earlier, mainly due to reduced cross‑border sales and digital marketing activity, partly offset by new headset licensing and fully managed e‑commerce services.
The net loss narrowed to $1.67 million from $3.09 million, helped by much lower interest expense and a $0.50 million fair value gain on a convertible note derivative. Operating cash outflow rose to $3.43 million, funded by $1.50 million of new equity, additional convertible notes and short‑term loans to third parties, while cash ended at $0.53 million.