Linkage Global Inc. (NASDAQ: UZX) executed a one-for-23 reverse stock split on Monday, automating the consolidation of its ordinary shares to comply with Nasdaq Marketplace Rule 5550(a)(2) listing requirements.
Under the terms of the split, every 23 existing ordinary shares were automatically combined into one share. The company confirmed it will not issue fractional shares; instead, shareholders whose positions would otherwise produce fractions will receive a single full share in lieu thereof.
The reverse split was approved by shareholders on September 8 and took effect on September 21, 2026.
The adjustment reduced Linkage Global's authorized share count across both classes. Class A authorized shares fell from 998 million to approximately 43.39 million, while Class B authorized shares dropped from 12 million to roughly 521,739. Par value for both classes rose from $0.0025 to $0.0575 per share.
Outstanding shares declined correspondingly: Class A shares fell from 69,732,831 to approximately 3,031,862, and Class B shares decreased from 7,000,000 to about 304,348, each subject to rounding adjustments. A new CUSIP number, G5500B136, was assigned following the consolidation.
Based in Tokyo, Linkage Global describes itself as a technology-driven enterprise focused on AI-enabled wellness infrastructure. It was incorporated on March 24, 2022.
The consolidation brings the company's share price above the minimum levels required under Nasdaq's continued listing standards, which mandate that shares maintain a minimum bid price generally not less than $1.00.
