Dividends & Buybacks ·
Linkage Global Inc proposes 36-for-1 reverse split and $2B authorized share capital increase
LGCBLinkage Global Inc
Shareholders are asked to approve a 36-for-1 consolidation of Class A and Class B ordinary shares, increasing the par value from US$0.0575 to US$2.07 per share. The proposal also seeks authorization to increase the authorized share capital to US$2,094,840,000 divided into 1 billion Class A and 12 million Class B shares, followed by a reduction of par value to US$0.000000001. Additionally, shareholders are voting on governance changes including amended articles and memorandum of association, and granting the board discretion to effect a future consolidation with a ratio between 2-for-1 and 100-for-1 within 12 months. Linkage Global Inc operates in the technology sector, providing cloud-based customer experience solutions.