LINKAGE GLOBAL INC ANNOUNCES $3.5 MILLION CONVERTIBLE NOTE FINANCING WITH FRAMEWORK FOR UP TO $30 MILLION IN TOTAL FUNDING
Linkage Global (NASDAQ: LGCB), a Japanese cross-border e-commerce services provider, has secured a $3.5 million convertible note financing through a private placement, with a framework allowing for up to $30 million in total funding.
The company expects to receive $2.7 million at initial closing, with an additional $450,000 to follow upon registration statement effectiveness. The notes, sold at 90% of principal value, are convertible into Class A ordinary shares. The financing structure includes potential future tranches of up to $26.5 million, subject to specific conditions including trading volume and price requirements.
Led by CEO Yang Wang, Linkage Global plans to use the proceeds for general corporate purposes, focusing on expanding its cross-border sales operations and e-commerce service lines.
Linkage Global (NASDAQ: LGCB), un fornitore giapponese di servizi di e-commerce transfrontaliero, ha ottenuto un finanziamento tramite nota convertibile da 3,5 milioni di dollari attraverso un collocamento privato, con un quadro che consente un finanziamento totale fino a 30 milioni di dollari.
L'azienda prevede di ricevere 2,7 milioni di dollari al momento della chiusura iniziale, con ulteriori 450.000 dollari a seguito dell'efficacia della dichiarazione di registrazione. Le note, vendute al 90% del valore nominale, sono convertibili in azioni ordinarie di Classe A. La struttura del finanziamento include potenziali tranche future fino a 26,5 milioni di dollari, soggette a condizioni specifiche tra cui requisiti di volume di scambio e prezzo.
Guidata dall'amministratore delegato Yang Wang, Linkage Global intende utilizzare i proventi per scopi aziendali generali, concentrandosi sull'espansione delle sue operazioni di vendita transfrontaliere e delle linee di servizi di e-commerce.
Linkage Global (NASDAQ: LGCB), un proveedor japon茅s de servicios de comercio electr贸nico transfronterizo, ha asegurado un financiamiento mediante nota convertible de 3,5 millones de d贸lares a trav茅s de una colocaci贸n privada, con un marco que permite hasta 30 millones de d贸lares en financiamiento total.
La compa帽铆a espera recibir 2,7 millones de d贸lares en el cierre inicial, con un adicional de 450,000 d贸lares tras la efectividad de la declaraci贸n de registro. Las notas, vendidas al 90% del valor principal, son convertibles en acciones ordinarias Clase A. La estructura del financiamiento incluye posibles tramos futuros de hasta 26,5 millones de d贸lares, sujetos a condiciones espec铆ficas como requisitos de volumen y precio de negociaci贸n.
Bajo la direcci贸n del CEO Yang Wang, Linkage Global planea usar los fondos para prop贸sitos corporativos generales, enfoc谩ndose en expandir sus operaciones de ventas transfronterizas y l铆neas de servicios de comercio electr贸nico.
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Linkage Global (NASDAQ : LGCB), un fournisseur japonais de services de commerce 茅lectronique transfrontalier, a obtenu un financement par billet convertible de 3,5 millions de dollars via un placement priv茅, avec un cadre permettant un financement total pouvant atteindre 30 millions de dollars.
La soci茅t茅 s'attend 脿 recevoir 2,7 millions de dollars lors de la cl么ture initiale, suivis de 450 000 dollars suppl茅mentaires 脿 l'entr茅e en vigueur de la d茅claration d'enregistrement. Les billets, vendus 脿 90 % de leur valeur nominale, sont convertibles en actions ordinaires de classe A. La structure de financement comprend des tranches futures potentielles allant jusqu'脿 26,5 millions de dollars, sous r茅serve de conditions sp茅cifiques telles que les exigences de volume et de prix de n茅gociation.
Dirig茅e par le PDG Yang Wang, Linkage Global pr茅voit d'utiliser les fonds pour des besoins g茅n茅raux de l'entreprise, en se concentrant sur l'expansion de ses op茅rations de vente transfrontali猫res et de ses lignes de services e-commerce.
Linkage Global (NASDAQ: LGCB), ein japanischer Anbieter von grenz眉berschreitenden E-Commerce-Dienstleistungen, hat eine wandlungsf盲hige Anleihe in H枚he von 3,5 Millionen US-Dollar durch eine Privatplatzierung gesichert, mit einem Rahmen, der eine Gesamtfinanzierung von bis zu 30 Millionen US-Dollar 别谤尘枚驳濒颈肠丑迟.
Das Unternehmen erwartet beim anf盲nglichen Abschluss 2,7 Millionen US-Dollar zu erhalten, mit weiteren 450.000 US-Dollar nach Wirksamwerden der Registrierungsunterlagen. Die Anleihen, die zu 90 % des Nennwerts verkauft werden, sind in Stammaktien der Klasse A wandelbar. Die Finanzierungsstruktur umfasst potenzielle zuk眉nftige Tranchen von bis zu 26,5 Millionen US-Dollar, die an bestimmte Bedingungen wie Handelsvolumen und Preisvorgaben gekn眉pft sind.
Unter der Leitung von CEO Yang Wang plant Linkage Global, die Erl枚se f眉r allgemeine Unternehmenszwecke zu verwenden, mit dem Fokus auf den Ausbau seiner grenz眉berschreitenden Vertriebsaktivit盲ten und E-Commerce-Dienstleistungsangebote.
- Secured initial $3.5 million convertible note financing with potential for up to $30 million total funding
- Flexible financing structure allowing for additional capital raises up to $26.5 million
- 90% principal amount sale terms provide immediate capital access
- Strategic framework supports expansion of cross-border operations
- Dilutive impact from convertible notes on existing shareholders
- Additional funding tranches subject to strict market conditions and trading requirements
- Senior unsecured nature of notes increases company's debt obligations
- Sale at 90% of principal amount represents a 10% discount to face value
Insights
Linkage Global secures $3.5M convertible note financing with potential for $30M total funding, providing strategic capital at 90% of face value.
Linkage Global's $3.5 million convertible note financing represents a strategic capital move with several notable features. The company is receiving
The structure creates a financial foundation for up to
For a cross-border e-commerce company, this financing structure offers flexibility to fund growth initiatives while establishing investor guardrails through fixed conversion terms rather than variable-rate securities, which would create unpredictable dilution. The senior unsecured status means these notes take priority over equity but lack specific collateral backing, a standard arrangement that balances investor protection with operational flexibility.
The capital raised appears modest relative to typical growth requirements in the e-commerce sector, suggesting this may be bridge financing toward more substantial future capital events. The involvement of Craft Capital Management as placement agent indicates professional financial intermediation, which typically improves terms and investor quality compared to direct placements.
Cross-Border E-Commerce Services Provider Completes Strategic Private Placement to Support Growth Initiatives
TOKYO, Japan, July 18, 2025 (GLOBE NEWSWIRE) -- Linkage Global Inc (NASDAQ: LGCB) ("Linkage Global" or the "Company"), a cross-border e-commerce integrated services provider headquartered in Japan, today 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
Initial Closing and Transaction Terms
The Company expects to receive gross proceeds of
The convertible notes are senior unsecured obligations of the Company and were sold at
Additional Capital Framework of up to
The financing establishes a capital framework for additional issuances of up to
Strategic Rationale and Use of Proceeds
鈥淭his financing represents a key milestone in our capital formation strategy and provides the flexibility needed to advance our cross-border e-commerce platform,鈥� said Yang (Angela) Wang, Chief Executive Officer of Linkage Global. 鈥淭he structure gives us access to near-term capital while preserving the option to scale up further as conditions permit.鈥�
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.
Registration and Investor Protections
In connection with the transaction, the Company entered into a Registration Rights Agreement and agreed to file a resale registration statement with the U.S. Securities and Exchange Commission (the 鈥淪EC鈥�) covering the shares issuable upon conversion of the notes. The Company remains eligible to use Form F-1 for such registration.
While the notes are outstanding, the Company is subject to customary investor protections, including restrictions on the issuance of variable-rate securities and standard anti-dilution adjustments.
Professional Advisors
Craft Capital Management LLC served as placement agent for the transaction.
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities referred to in this press release, nor will there be any sale of any such securities in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About Linkage Global Inc
Linkage Global Inc is a holding company incorporated in the Cayman Islands with no operations of its own. Linkage Cayman conducts its operations through its operating subsidiaries in Japan, Hong Kong, and mainland China. As a cross-border e-commerce integrated services provider headquartered in Japan, through its operating subsidiaries, the Company has developed a comprehensive service system comprised of two lines of business complementary to each other, including (i) cross-border sales and (ii) integrated e-commerce services.
For more information, please visit . Information on the Company鈥檚 website does not constitute a part of and is not incorporated by reference into this press release.
Safe Harbor Statement
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company鈥檚 current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as 鈥渁pproximates,鈥� 鈥渁ssesses,鈥� 鈥渂elieves,鈥� 鈥渉opes,鈥� 鈥渆xpects,鈥� 鈥渁nticipates,鈥� 鈥渆stimates,鈥� 鈥減rojects,鈥� 鈥渋ntends,鈥� 鈥減lans,鈥� 鈥渨ill,鈥� 鈥渨ould,鈥� 鈥渟hould,鈥� 鈥渃ould,鈥� 鈥渕ay鈥� or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company鈥檚 annual reports on Form 20-F and other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
Investor Relations
WFS Investor Relations Inc.
Connie Kang, Partner
贰尘补颈濒:听
Tel: +86 1381 185 7742
FAQ
What is the total potential funding amount available to Linkage Global (LGCB) through the convertible note agreement?
How much initial funding will LGCB receive from the convertible note offering?
What are the conditions for LGCB to access additional funding tranches?
How does Linkage Global plan to use the proceeds from the convertible note financing?
What is the sale price of LGCB's convertible notes relative to their principal amount?
