Linkage Global Executes 23-For-1 Share Consolidation

Linkage Global Inc. (Nasdaq: UZX) has finalized a 23-for-1 share consolidation, a move approved by shareholders on September 8, 2026. The primary objective of this corporate action is to restore compliance with Nasdaq Marketplace Rule 5550(a)(2), ensuring the company retains its listing on the Nasdaq Capital Market. This structural adjustment addresses the requirement for a minimum bid price, which had threatened the company’s market access.

The consolidation takes effect with the opening of trading on September 21, 2026. Existing shareholders will see their holdings automatically adjusted without any required action on their part. The company will continue to trade under the ticker symbol UZX, but investors should note the assignment of a new CUSIP number, G5500B136. This change reflects the significant reduction in the total number of outstanding shares following the merger of classes.

Share Capital Structure Adjusted

The consolidation drastically reduces the volume of shares in circulation. Issued and outstanding Class A ordinary shares will decrease from approximately 69.7 million to roughly 3.0 million. Similarly, issued and outstanding Class B ordinary shares will drop from 7.0 million to about 304,000. The par value per share will increase from US$0.0025 to US$0.0575 for both classes, reflecting the mathematical combination of the underlying equity.

Authorized share counts are also being revised to align with the new capital structure. Authorized Class A shares are reduced from 998 million to approximately 43.4 million, while authorized Class B shares decrease from 12 million to roughly 521,700. These figures are subject to minor rounding adjustments due to the handling of fractional shares, which will be rounded up to whole shares for all holders.

Regulatory Compliance Mechanism

According to the announcement reported by GN stocks/nasdaq, the share consolidation is a direct response to listing standards. Nasdaq Rule 5550(a)(2) mandates a specific minimum bid price for continued listing. By reducing the number of shares by a factor of 23, the theoretical price per share increases proportionally, helping the company meet this threshold. This action is a standard corporate finance tool used to manage market capitalization and satisfy exchange requirements.

The company, which describes itself as a technology-driven enterprise focused on AI-enabled wellness infrastructure, will proceed with trading under the new parameters immediately on September 21. No fractional shares will be issued; instead, shareholders receiving fractional entitlements will be allocated one full share in lieu of the fraction. This ensures a clean transition in the share registry while maintaining the proportional ownership interests of all stakeholders.

Operational Continuity For Investors

For market participants, the transition is automatic. Brokerage accounts will reflect the new share counts and par values following the effective date. The change in CUSIP number is critical for trade settlement and record-keeping, so investors should verify their account details to ensure proper attribution of the consolidated shares. The company maintains that this action is purely administrative and does not alter the underlying business operations or the total equity value of the firm.

Linkage Global Inc. continues its focus on its core technology infrastructure, with the share consolidation serving solely to secure its listing status. The company has not provided new financial guidance or operational updates alongside this announcement. The move allows the firm to remain accessible to institutional and retail investors on the Nasdaq platform without the risk of delisting due to price violations.