Linkers Industries Limited Announces Initial Public Offering

Linkers Industries Limited (Nasdaq: LNKS) today announced the pricing of its initial public offering (the “Offering”) of 1,900,000 Class A ordinary shares, at a price of $4.00 per Ordinary Share (the “Offering Price”). The Class A Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on December 5, 2024 under the symbol “LNKS”.

The Offering is expected to close on December 6, 2024, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds to:
– Acquire companies and/or form joint ventures within the wire/cable harnesses industry
– Purchase machinery/equipment
– Promote marketing and set up global sales offices, particularly in the U.S.
– Fund working capital

Additionally, the Company has granted the underwriters a 45-day option to purchase up to an additional 285,000 Class A Ordinary Shares of the Company, at the Offering Price, less underwriting discounts.

The Offering is conducted on a firm commitment basis. R. F. Lafferty & Co., Inc. is acting as the representative of the underwriters, with Revere Securities LLC acting as the co-underwriter (collectively, the “Underwriters”). Loeb & Loeb LLP is acting as the U.S. legal counsel to the Company and VCL Law LLP is acting as the U.S. legal counsel to the Underwriters for the Offering.

The Offering is being conducted pursuant to the Company’s Registration Statement on Form F-1 (File No. 333-279752), previously filed with, and subsequently declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on December 3, 2024. The Offering is being made only by means of a prospectus, forming a part of the registration statement. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, electronic copies of the prospectus relating to the Offering may be obtained from R. F. Lafferty & Co., Inc. by email at [email protected], by standard mail to R. F. Lafferty & Co., Inc., 40 Wall Street, 27th Floor, New York, NY 10005 USA, or from Revere Securities LLC by email at [email protected], by standard mail to Revere Securities LLC, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350.

Before you invest, you should read the registration statement, the prospectus, and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities; no sale of these securities may be made in any state or jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.