other
confidence high
sentiment neutral
materiality 0.50
ModuLink raises $300k in private placement of convertible preferred shares
ModuLink Inc.
- Private placement of up to 12,500 shares of Series A Convertible Preferred Stock at $80/share.
- Received $300,000 gross proceeds from sale of 3,750 shares to three investors as of May 8, 2026.
- Each preferred share convertible into 20,000 common shares after 6 months or upon a liquidity event.
- Proceeds to fund integration of ASA Robotics Limited and expansion of healthcare/robotics operations.
- Securities sold under Regulation S to non-U.S. persons; not registered under Securities Act.