Univest Securities, LLC Announces Closing of $16 Million Best Efforts Public Offering for its Client Linkers Industries Limited (NASDAQ: LNKS)
Univest Securities, LLC announced the closing of a $16 million best efforts public offering for its client Linkers Industries Limited (NASDAQ: LNKS). The offering included 23,088,023 units, each comprised of Class A ordinary shares (or pre-funded warrants) and Series A and B Warrants. Linkers Industries Limited plans to use the net proceeds for a potential acquisition of additional equity in LPW Electronics Co Ltd, capital expenditures, operating capacity, working capital, and future business expansions.