Linkage Global (LGCB) announced that it has entered into a securities purchase agreement for the issuance and sale of senior unsecured convertible notes in an initial principal amount of $3.5M in a private placement to an accredited investor. The financing establishes a capital framework for additional issuances of up to $26.5M in principal amount of similar convertible notes in future tranches. The company intends to use the net proceeds from the offering for general corporate purposes, including expansion of its cross-border sales operations and integrated e-commerce service lines.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LGCB:
