GLOBALINK INVESTMENT INC.: Nasdaq/NYSE listing notice — Nasdaq delists Globalink Investment Inc. for failing to complete SPAC business combination; trading shifts to OTC Pink

GLOBALINK INVESTMENT INC.

Nasdaq announced delisting of Globalink Investment's common stock, warrants, rights, and units; effective after Form 25 filing.
Securities have been suspended since December 17, 2024, and now quoted on OTC Pink under same ticker symbols.
Delisting triggered by failure to complete initial business combination within 36 months of IPO (deadline Dec 6, 2024).
Company did not appeal the delisting determination from Nasdaq.
Company expects to continue proceeding with proposed business combination with Alps Holdco under Merger Agreement.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.92

GLOBALINK INVESTMENT INC. received a nasdaq delisting notice notice regarding other (rules IM-5101-2).

Exchange: nasdaq
Notice: delisting notice
Rules: IM-5101-2

Exact text from the filing

December 10, 2024, the Company received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) that the Company was not in compliance with Nasdaq Listing Rule IM-5101-2, which requires a special purpose acquisition company to complete one or more business combinations within 36 months of the effectiveness of its IPO registration statement. Since the Company failed to complete its initial business combination by December 6, 2024, the Company did not comply with IM-5101-2, which triggered the issuance of a delisting determination from Nasdaq to d

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Source: SEC EDGAR

accession 0001641172-25-008683

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