ModuLink sells 3,750 Series A preferred shares in private placement for $300,000

MODULINK INC

MODULINK INC

MDLK

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  • ModuLink entered securities purchase agreements May 5, 2026 for a private placement of up to 12,500 shares of Series A Convertible Preferred Stock priced at 80 per share.
  • Sale of 3,750 preferred shares to three investors generated about 300,000 in gross proceeds.
  • Each preferred share is convertible into 20,000 common shares, subject to customary anti-dilution adjustments.
  • Conversion can occur after six months from issuance or earlier upon a qualified liquidity event, including an uplisting or strategic transaction.
  • Offering relied on Regulation S offshore exemption; securities were sold unregistered under Securities Act.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Modulink Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-003594), on May 08, 2026, and is solely responsible for the information contained therein.

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