M&A - GLOBALINK INVESTMENT INC.

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Form Type: PRE 14A

Filing Date: 2025-05-09

Corporate Action: Merger

Type: Preliminary

Accession Number: 000164117225009442

Filing Summary: GLOBALINK INVESTMENT INC. has filed a Proxy Statement in connection with a Special Meeting of Stockholders scheduled for June 4, 2025. The primary purpose of the meeting is to consider proposals that include amendments to the Company's certificate of incorporation to extend the deadline for consummating a business combination from June 9, 2025, to December 9, 2025, along with the approval for related amendments in the Trust Agreement. The proposals are aimed at providing the Company additional time to finalize a merger or another business combination. Should these amendments not be approved, the Company will be required to liquidate by redeeming 100% of its outstanding public shares and cease operations. The document outlines the procedures for stockholders to vote, including their rights to redeem shares for cash from the Trust Account. The proxy materials are being mailed to stockholders, emphasizing the importance of their participation in these corporate actions.

Additional details:

Extension Amendment Proposal: To extend the deadline for business combination from June 9, 2025 to December 9, 2025.


Trust Amendment Proposal: To extend time to complete the initial business combination under the Trust Agreement.


Director Election Proposal: Re-elect Say Leong Lim as Class III director until 2028.


Adjournment Proposal: To approve the adjournment of the Special Meeting if necessary.


Redemption Price: Approximately $10.42 based on Trust Account balance as of May 2, 2025.


Termination Date: June 9, 2025.


Extended Date: December 9, 2025.


Record Date: May 13, 2025.


Form Type: 8-K

Filing Date: 2025-05-05

Corporate Action: Merger

Type: Update

Accession Number: 000164117225008683

Filing Summary: Globalink Investment Inc. is undergoing a delisting from the Nasdaq Stock Market effective April 30, 2025, due to non-compliance with Nasdaq Listing Rule IM-5101-2, as the company failed to complete its business combination within the required 36-month period following its IPO registration. The company's securities were suspended from trading on December 17, 2024, and will now be quoted on the OTC Pink market. Despite the delisting, the company intends to proceed with its previously announced business combination with Alps Holdco as outlined in the amended merger agreement from May 20, 2024.

Additional details:

Date Of Report: 2025-04-30


Emerging Growth Company: Yes


Delisting Date: 2025-04-30


Planned Business Combination: Alps Holdco


Form Type: 8-K

Filing Date: 2025-03-12

Corporate Action: Merger

Type: Update

Accession Number: 000149315225010037

Filing Summary: On March 7, 2025, Globalink Investment Inc. entered into a revised merger agreement with Alps Global Holding Pubco and Alps Biosciences Merger Sub, among others. This agreement follows an original agreement dated May 20, 2024, and includes terms regarding the conversion of promissory notes issued by Globalink totaling US$4.39 million. Specifically, it stipulates that US$2 million of this amount will be paid in cash within 60 days post-merger closing, while the remaining balance will convert into ordinary shares of PubCo at a fixed price of US$10.00 per share. Additionally, this filing serves as a notification regarding stockholder solicitation that will accompany the proposed business combination, underlining the importance of reading the associated proxy statement/prospectus.

Additional details:

Entry Into Material Definitive Agreement Date: 2024-05-20


Amended Agreement Date: 2025-03-06


Promissory Notes Amount: 4.39 million USD


Cash Due Amount: 2 million USD


Conversion Price Per Share: 10.00 USD


Merger Parties: Globalink Investment Inc., Alps Global Holding Pubco, Alps Biosciences Merger Sub, Public Gold Marketing Sdn. Bhd.


Registration Statement Number: Registration No. 333-284035


Form Type: 8-K

Filing Date: 2025-03-07

Corporate Action: Merger

Type: Update

Accession Number: 000149315225009552

Filing Summary: Globalink Investment Inc. entered into a First Amendment to the Merger Agreement with Alps Holdco and others on March 6, 2025. The Amendment modifies the existing merger agreement by removing the earn-out provision and the $5,000,001 net tangible asset requirement for Globalink and PubCo at the time of Closing, assuming PubCo meets Nasdaq listing requirements. The document highlights the urgency for stockholders to read the proxy statement/prospectus which contains important information about the proposed transactions and notifications of the risks involved. The filing also emphasizes the non-solicitation nature of this report and clarifies that it is not a proxy solicitation or offer to sell securities. Participants in the proxy solicitation are identified and the uncertainties regarding the consummation of the proposed transactions are detailed, stressing that actual results may vary due to numerous factors. This report is part of the obligations under the Securities Exchange Act of 1934 and includes important forward-looking statements about future conditions and performance.

Additional details:

Item 1 Merger Agreement Amendment Date: 2025-03-06


Item 2 Net Tangible Asset Requirement Removed: true


Item 3 Proxy Statement Included: true


Item 4 Registration Statement Number: 333-284035


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