Linkage Global Inc. Raises $1 Million in Private Placement of Class A Shares

Reuters11-27
Linkage Global Inc. Raises $1 Million in Private Placement of Class A Shares

Linkage Global Inc., a Cayman Islands exempt company, announced that it has entered into a Securities Purchase Agreement with an investor for a private placement offering. The company will issue and sell 689,655 Class A ordinary shares at a purchase price of $1.45 per share, resulting in gross proceeds of approximately $1,000,000. The shares have not been registered under the Securities Act of 1933 and were offered pursuant to an exemption for non-U.S. persons. The shares will be subject to a 180-day lock-up period from the closing date. Linkage Global Inc. plans to use the proceeds for working capital and other general corporate purposes. The company will file a registration statement with the SEC within 45 days to provide for the resale of the shares.

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