Globalink Investment announces IPO of 10 million units on Nasdaq

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Globalink Investment Inc., the New York-based asset management group, recently announced the pricing of its initial public offering of 10,000,000 units at a public offering price of $10.00 per unit, for gross proceeds of USD 100,000,000, before deducting underwriting discounts and commissions and other offering expenses payable by Globalink. Each unit consists of one share of common stock, one right to receive one-tenth (1/10) of one share of common stock upon the consummation of an initial business combination, and one redeemable warrant to purchase one-half (1/2) of one share of common stock at a price of $11.50 per whole share.

The units will be listed on The Nasdaq Global Market (“NASDAQ”) and trade under the ticker symbol “GLLIU” beginning on December 7, 2021. After the securities comprising the units begin separate trading, the shares of common stock, rights and warrants are expected to be listed on NASDAQ under the symbols “GLLI,” “GLLIR” and “GLLIW,” respectively. The offering is expected to close on December 9, 2021.

Chardan, the global investment bank, is acting as sole book-running manager of the offering. In addition, Globalink has granted Chardan a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.

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