Globalink Investment priced its IPO of 10 million units at $10 each. A unit consists of one share of common stock, one right to receive one-tenth of a share, and one warrant.
Globalink intends to pursue targets in North America, Europe, South East Asia, and Asia (excluding China, Hong Kong and Macau) in the technology industry, specifically within the e-commerce and payments sectors.
Units listed on the Nasdaq under GLLIU starting today. After the securities begin separate trading, stock, rights and warrants are expected to list under the symbols GLLI, GLLIR and GLLIW.
The offering is expected to close Dec. 9.
Chardan is acting as sole book-running manager of the offering. Read more.
