Highlights
- Linkage Global Inc. announces a PIPE financing priced at USD 1.45 per share
- Offering expected to raise approximately USD 1,000,000 in gross proceeds
- 689,655 Class A Ordinary Shares to be issued under Regulation S
- Proceeds to support working capital and cross-border e-commerce expansion
- The company reinforces its strategic growth plans and operational momentum
Linkage Global Inc. (NASDAQ:LGCB), a cross-border e-commerce integrated services provider based in Japan, has announced the pricing of a private investment in public equity financing aimed at enhancing its financial flexibility and supporting future growth initiatives.
Under the securities purchase agreement signed on November 24, 2025, the company will issue 689,655 Class A Ordinary Shares to an investor at a price of USD 1.45 per share. The transaction is expected to generate approximately USD 1,000,000 in gross proceeds before fees and expenses.
The PIPE offering is being conducted under Regulation S of the U.S. Securities Act of 1933, meaning the shares will be sold outside the United States to non-U.S. persons. The shares have not been registered with the U.S. Securities and Exchange Commission, and any resale within the U.S. will require a registration statement or applicable exemption. Linkage Global has agreed to file the appropriate registration statement to facilitate future resale by the investor.
Expected Closing and Regulatory Considerations
The private placement is expected to close on or before December 3, 2025. This timeline reflects the company’s efforts to secure timely access to capital while complying with applicable securities regulations.
The financing structure aligns with common capital-raising mechanisms for emerging global technology and e-commerce companies, allowing the company to move swiftly while minimizing public market disruptions.
By committing to registering the resale of the issued shares, the company aims to provide transparency and liquidity options for its investor, consistent with market expectations for Regulation S transactions.
Strategic Use of Proceeds and Growth Outlook
Linkage Global intends to use the net proceeds from the offering for general corporate purposes, including bolstering working capital and advancing the expansion of its cross-border sales operations. These areas remain central to the company’s long-term business model, which encompasses cross-border retail, logistics management, and comprehensive e-commerce support services.
CEO Yang (Angela) Wang emphasized the importance of this financing round, noting that the additional capital will support operational agility and business development as the company continues to scale its platform across Japan, Hong Kong, and mainland China. The company maintains a focus on creating long-term value while strengthening its competitive position within the global cross-border e-commerce ecosystem.
Linkage Global’s integrated service system—spanning cross-border sales and e-commerce solutions—positions it to capture increasing demand from brands seeking entry into Asian consumer markets. The new capital will help accelerate these initiatives and support ongoing investments in technology, logistics, and customer engagement.
Conclusion
The USD 1 million PIPE financing marks an important step in Linkage Global’s ongoing expansion. By enhancing its capital resources and advancing its cross-border e-commerce strategy, the company is taking deliberate steps to support future growth, strengthen market presence, and maintain operational adaptability across its key regions of activity.
The closing price of LGCB was USD 2.02, 1.29% down as of November 27, 2025.