Globalink Investment Inc. Announces Charter and Trust Agreement Amendments
New York, NY, June 10, 2025 (GLOBE NEWSWIRE) -- Globalink Investment Inc. (OTC Pink: GLLI, GLLIW, GLLIR, GLLIU) ('' or the ''), a special purpose acquisition company, announced today that its stockholders approved amendments to its charter and trust agreement to extend the deadline to complete its initial business combination and change the structure and cost of such extensions. Under the amended charter, Globalink may extend the deadline to complete its initial business combination by up to six (6) monthly extensions, from June 9, 2025 to December 9, 2025 by depositing $0.15 per public share into its trust account (the '') with Continental Stock Transfer and Trust Company ('').
Globalink's stockholders, at a special meeting of its stockholders held on June 4, 2025, approved an amendment to Globalink's Amended and Restated Certificate of Incorporation, as amended (the ''), and Globalink's Investment Management Trust Agreement, as amended, originally entered into on December 6, 2021 with Continental (the '') to extend the deadline to complete Globalink's initial business combination from June 9, 2025 to up to December 9, 2025 for up to six times of monthly extensions, by depositing into the Trust Account $0.15 per public share prior to each one-month extension.
The Charter Amendment triggered a right of Globalink's public stockholders to demand the redemption of their public shares out of funds held in the Trust Account. Holders of 204,910 public shares properly requested redemption leaving 72,601 public shares outstanding.
As a consequence of the adoption of the Charter Amendment and the Trust Agreement Amendment and the redemptions, Globalink can now obtain up to six monthly extensions, or up until December 9, 2025, to complete its initial business combination at a cost of $0.15 per public share per extension.
About Globalink Investment Inc.
Globalink is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although there is no restriction or limitation on what industry or geographic region, 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 medical technology and green energy sectors.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements in this press release are 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. In some cases, forward-looking statements can be identified by terminology such as 'may,' 'will,' 'could,' 'would,' 'should,' 'expect,' 'plan,' 'anticipate,' 'intend,' 'believe,' 'estimate,' 'predict,' 'potential,' 'outlook,' 'guidance' or the negative of those terms or other comparable terminology. These statements are based on the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause future events to differ materially from those in the forward-looking statements, many of which are outside of the Company's control. These factors include, but are not limited to, a variety of risk factors affecting the Company's business and prospects, see the section titled 'Risk Factors' in the Company's Prospectus filed with the SEC on December 6, 2021 and subsequent reports filed with the SEC, as amended from time to time. Any forward-looking statements are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Globalink Contact:
Say Leong LimGlobalink Investment Inc.Telephone: +6012 405 0015Email: limsayleong@hotmail.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
38 minutes ago
- Yahoo
GambleSpot Unveils Comprehensive Suite of Free Sports Betting Tools for U.S. Bettors
NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- one of the emerging platforms in the U.S. online gambling space, today announced the release of a new suite of free betting calculators designed to help users make smarter, data-driven sports wagers. The new tools are available now and provide bettors with instant access to calculations for odds conversion, parlay payouts, expected value, arbitrage opportunities, and more. The launch marks a strategic enhancement of GambleSpot's mission to offer transparent, user-friendly resources for bettors of all experience levels. With online sports betting continuing to expand across regulated U.S. states, the demand for accurate tools that simplify complex calculations has grown significantly. 'Understanding odds and potential outcomes shouldn't be difficult,' said Paul Daniel Flores, Sports and Esports Expert at 'Our free calculators give users the clarity they need to make informed bets — without the hassle.' The newly launched tools include: Odds Converter Calculator – Quickly convert between American, Decimal, and Fractional odds. Parlay Calculator – Calculate exact winnings on multi-leg bets. Hedge Bet Calculator – Reduce risk by locking in profits on active bets. Expected Value Calculator – Evaluate the long-term profitability of wagers. Arbitrage Calculator – Identify and calculate sure-bet opportunities. Single Bet Calculator – Determine payouts on standard single bets. Kelly Criterion Calculator – Optimize your stake based on win probability and odds. Vig Calculator – Remove the sportsbook's edge to find fair odds. Each tool has been optimized for mobile and desktop use and is freely accessible via GambleSpot's Betting Odds Tools page. No registration is required. In addition to its toolset, offers readers a range of informational content, including legal state-by-state gambling guides, licensed casino reviews, and exclusive no-deposit bonus offers tailored for U.S. players. The platform is independently owned and operated by Adwise Partners LLC. For more information or to access the full suite of calculators, visit CONTACT: Contact info: Email: illya@ Phone: 718-569-7376Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
42 minutes ago
- Yahoo
Canada Financial Services Directory 2025-2026: Detailed Insights into 4,300 Financial Companies
Discover Canada's financial industry with Financial Services Canada, featuring over 22,500 detailed listings, including banks, investment firms, and insurance companies. Access hard-to-find data for marketing, networking, and research, serving executives, planners, and professionals for over 15 years. Dublin, June 23, 2025 (GLOBE NEWSWIRE) -- The "Financial Services Canada, 2025-2026" has been added to offering. Financial Services Canada provides the most comprehensive picture of Canada's financial services sector, with over 22,500 listings. Chapters include: Banks & Depository Institutions Non-Depository Institutions Investment Management Firms Insurance Companies Accounting & Law Major Canadian Companies Associations Financial & Technology Services Each listing presents a detailed organization profile, offering easy access to hard-to-find business information including founding date, scope of activity, executive information, contact information, social media accounts and much more. This widely recognized title, known for greatly assisting organizations with their marketing, networking, and business building efforts, contains over 4,300 financial companies; 15,161 branches; 17,146 executives; and much, much more. Financial Services Canada is the most up-to-date source for names and contact information of industry professionals, senior executives, portfolio managers, financial advisers, agency bureaucrats, and lawyers with financial specialties. Financial Services Canada is widely used by financial executives, bankers, financial planners, sales and marketing professionals, lawyers and chartered accountants, government officials, investment dealers, journalists, librarians and reference specialists, students, entrepreneurs and others interested in Canada's financial services industry. Published for over a decade and a half, this well-researched and comprehensive volume includes listings for every facet of the Canadian financial industry. Covering topics as diverse as financial services institutions, major Canadian companies and industry-related associations or publications, this title is a vital tool for all your marketing or research needs. Key Topics Covered: INTRODUCTORY MATERIAL Introduction Users' Guide Abbreviations ECONOMIC UPDATE 2025 Reports and infographics about the current state of the Canadian economy BANKS & DEPOSITORY INSTITUTIONS Domestic Banks: Schedule I Foreign Banks: Schedule II Foreign Bank Branches: Schedule III Foreign Bank Representative Offices Savings Banks Trust Companies Credit Unions/Caisses Populaires NON-DEPOSITORY INSTITUTIONS Financing & Loan Companies Bond Rating Companies Collection Agencies Credit Card Companies Trustees in Bankruptcy INVESTMENT MANAGEMENT Financial Planning & Investment Management Companies Holding & Other Investment Companies Investment Dealers Investment Fund Companies Pension & Money Management Companies Stock Exchanges INSURANCE COMPANIES Federally Incorporated Insurance Companies Provincially Incorporated Insurance Companies ACCOUNTING & LAW Major Accounting Firms Other Accountants & Accounting Firms Actuarial Consultants Major Law Firms Other Lawyers & Law Firms MAJOR CANADIAN COMPANIES Major companies with headquarters in Canada, from Agriculture to Utilities ASSOCIATIONS Major Canadian and international financial associations FINANCIAL TECHNOLOGY & SERVICES Companies specializing in financial technology & related services INDEXES Entry Name Index Executive Name Index Geographic Index Insurance Class Index For more information about this book visit Grey House Publishing Inc About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
an hour ago
- Yahoo
Chloroethane Global Market Insights 2025, Analysis and Forecast to 2030, with Profiles of Westlake, Sumitomo Chemical, and Lanxess
Chloroethane Market Growth: Discover trends in the chloroethane market driven by advancements in coatings, plastics, and gasoline additives. This volatile organic compound thrives on high-purity production and sustainable processes, catering to key industries worldwide. Dublin, June 23, 2025 (GLOBE NEWSWIRE) -- The "Chloroethane Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application" report has been added to also known as ethyl chloride, is a volatile organic compound used as a solvent and intermediate, valued for its reactivity and versatility in chemical synthesis. The industry is characterized by its focus on intermediates for coatings, plastics, and gasoline additives. Key trends include high-purity production, sustainable processes, and integration with advanced polymer manufacturing. The market is driven by demand for specialty chemicals, growth in automotive sectors, and advancements in chemical Size and Growth ForecastThe global Chloroethane market was valued at USD 170-290 million in 2024, with an estimated CAGR of 4%-6% from 2025 to 2030, driven by demand for coatings and Analysis North America is projected to grow at a CAGR of 3.8%-5.8%, with the U.S. leading due to its automotive and plastics sectors, focusing on high-purity chloroethane. Europe is expected to achieve a CAGR of 3.5%-5.5%, with Germany driving demand, emphasizing sustainable coatings for industrial applications. Asia Pacific is anticipated to record the highest growth at 4.5%-6.5%, driven by China and Japan, where plastics and gasoline additive industries fuel demand, with trends toward cost-effective production. Rest of the World, particularly Brazil, is expected to grow at 3.3%-5.3%, with trends toward coating applications. Application Analysis Coatings applications are estimated to grow at a CAGR of 4.2%-6.2%, driven by chloroethane's use in solvent-based paints, with trends favoring low-VOC formulations. Plastics applications are projected to expand at 4.0%-6.0%, supported by use in polymer synthesis, with innovations in lightweight materials. Gasoline additives applications are expected to grow at 3.8%-5.8%, as chloroethane enhances fuel performance, with trends toward eco-friendly additives. Other applications, including pharmaceuticals, are anticipated to grow at 3.5%-5.5%, focusing on specialty intermediates. Key Market Players Westlake Corporation, based in Houston, Texas, USA, is a leader in chloroethane production, offering solutions for coatings, known for its advanced chemical technologies. Sumitomo Chemical, headquartered in Tokyo, Japan, specializes in chloroethane for plastics, emphasizing high-purity formulations. LANXESS, based in Cologne, Germany, produces chloroethane for gasoline additives, focusing on sustainable manufacturing. Market Opportunities and Challenges Opportunities Rising demand for lightweight plastics drives chloroethane adoption. Advancements in eco-friendly coatings enhance market growth. Emerging markets in Asia Pacific offer expansion opportunities due to industrial growth. Challenges Regulatory scrutiny on volatile organic compounds increases compliance costs. High production costs limit chloroethane adoption in cost-sensitive applications. Competition from alternative solvents challenges market share. Growth Trend AnalysisThe Chloroethane market is growing steadily, driven by demand for coatings and plastics. Jiangsu Yinzhu Group Haibai Technology maintains a 20,000-ton chloroethane capacity, supporting coating applications. Zhejiang Dibang Chemical operates a 20,000-ton capacity, focusing on plastics. Tancheng Zhongyi Kehuan Chemical has a 10,000-ton capacity, targeting specialty uses. These developments align with a projected CAGR of 4.0%-6.0% through 2030, reflecting chloroethane's role in chemical Topics Covered: Chapter 1 Executive SummaryChapter 2 Abbreviation and AcronymsChapter 3 PrefaceChapter 4 Market Landscape4.1 Market Overview4.2 Classification/Types4.3 Application/End UsersChapter 5 Market Trend Analysis5.1 Introduction5.2 Drivers5.3 Restraints5.4 Opportunities5.5 ThreatsChapter 6 Industry Chain Analysis6.1 Upstream/Suppliers Analysis6.2 Chloroethane Analysis6.2.1 Technology Analysis6.2.2 Cost Analysis6.2.3 Market Channel Analysis6.3 Downstream Buyers/End UsersChapter 7 Latest Market Dynamics7.1 Latest News7.2 Merger and Acquisition7.3 Planned/Future Project7.4 Policy DynamicsChapter 8 Trading Analysis8.1 Export of Chloroethane by Region8.2 Import of Chloroethane by Region8.3 Balance of TradeChapter 9 Historical and Forecast Chloroethane Market in North America (2020-2030)Chapter 10 Historical and Forecast Chloroethane Market in South America (2020-2030)Chapter 11 Historical and Forecast Chloroethane Market in Asia & Pacific (2020-2030)Chapter 12 Historical and Forecast Chloroethane Market in Europe (2020-2030)Chapter 13 Historical and Forecast Chloroethane Market in MEA (2020-2030)Chapter 14 Summary For Global Chloroethane Market (2020-2025)14.1 Chloroethane Market Size14.2 Chloroethane Demand by End Use14.3 Competition by Players/Suppliers14.4 Type Segmentation and PriceChapter 15 Global Chloroethane Market Forecast (2025-2030)15.1 Chloroethane Market Size Forecast15.2 Chloroethane Demand Forecast15.3 Competition by Players/Suppliers15.4 Type Segmentation and Price ForecastChapter 16 Analysis of Global Key Vendors Westlake Corporation Sumitomo Chemical LANXESS For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
