Shares of Linkers Industries Limited (LNKS) are climbing about 11 percent on Friday morning trading after it announced that all series B warrants to purchase the company's Class A ordinary shares, par value $0.0025 per share, have been fully exercised.
The company's shares are currently trading at $2.18 on the Nasdaq, up 11.26 percent. The stock opened at $2.63 and has climbed as high as $3.08 so far in today's session. Over the past year, it has traded in a range of $1.51 to $420.00.
Through the cashless warrants, which were announced in its March 2026 public offering, the company raised gross proceeds of approximately $16 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.