Form 8-K - Current report
December 12 2024 - 4:05PM
Edgar (US Regulatory)
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
December
10, 2024
Date
of Report (Date of earliest event reported)
GLOBALINK
INVESTMENT INC.
(Exact
Name of Registrant as Specified in its Charter)
Delaware |
|
001-41122 |
|
36-4984573 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(I.R.S.
Employer
Identification
No.) |
200
Continental Drive, Suite 401
Newark,
Delaware |
|
19713 |
(Address
of Principal Executive Offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: +6012 405 0015
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock |
|
GLLI |
|
The
Nasdaq Stock Market LLC |
Warrants |
|
GLLIW |
|
The
Nasdaq Stock Market LLC |
Rights |
|
GLLIR |
|
The
Nasdaq Stock Market LLC |
Units |
|
GLLIU |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
3.01 |
Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. |
Extension
of the Termination Date
On
December 10, 2024, Globalink Investment Inc., a Delaware corporation (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 delist the Company’s securities.
According
to the Notice, the Company’s common stock, warrants, rights and units will be suspended at the opening of business on December
17, 2024, and a Form 25-NSE will be filed with the U.S. Securities and Exchange Commission (the “SEC”), which will remove
the Company’s securities from listing and registration on Nasdaq. The Company does not intend to appeal this ruling.
The
Company plans to transfer its securities, including common stock, warrants, rights and units, to OTC Pink for quotation under the same
ticker symbols following the delisting of the Company’s securities on Nasdaq.
As
previously disclosed in a current report on Form 8-K of the Company, dated May 24, 2024, on May 20, 2024, the Company, Alps Global Holding
Pubco, a Cayman Islands exempted company (“PubCo”), Alps Biosciences Merger Sub, a Cayman Islands exempted company and wholly-owned
subsidiary of PubCo (“Merger Sub”), Alps Life Sciences Inc, a Cayman Islands company (“Alps Holdco”), GL Sponsor
LLC, a Delaware limited liability company, in the capacity as the representative for the stockholders of the Company (the “Parent
Representative”), and Dr. Tham Seng Kong, an individual, in the capacity as the representative for the shareholders of Alps (the
“Seller Representative”) entered into an amended and restated merger agreement (the “Merger Agreement”), which
contemplates a business combination between the Company and Alps Holdco (the “Business Combination”). Following the delisting
of its securities, the Company expects to continue proceeding with the transactions contemplated by the Merger Agreement.
Cautionary
Statement Regarding Forward-Looking Statements
Certain
statements in this Current Report on Form 8-K are “forward-looking statements” within the meaning of the “safe harbor”
provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this Current Report on Form 8-K, words
such as “may”, “should”, “expect”, “intend”, “will”, “estimate”,
“anticipate”, “believe”, “predict”, “potential” or “continue”, or variations
of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking
statements. All statements other than statements of historical fact contained in this Current Report on Form 8-K are forward-looking
statements. The Company does not undertake any obligation to update forward-looking statements as a result of new information, future
events or developments or otherwise.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Dated:
December 12, 2024
|
GLOBALINK
INVESTMENT INC. |
|
|
|
|
By: |
/s/
Say Leong Lim |
|
Name: |
Say
Leong Lim |
|
Title: |
Chief
Executive Officer |
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