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Interlink Electronics, Inc. (NASDAQ:LINK) (the "Company"), a global leader in sensor technology and printed electronic solutions, today announced that it will issue a 50% common stock dividend on October 28, 2025 to its stockholders of record as of the close of business on October 14, 2025 (the "Stock Dividend"). The Company expects its common stock to begin trading on the Nasdaq Capital Market at the dividend-adjusted price on October 29, 2025.
The Stock Dividend will affect all stockholders uniformly and will not alter any stockholder's percentage interest in the Company's equity, except to the extent that the Stock Dividend results in a stockholder owning a fractional share. No fractional shares will be issued in connection with the Stock Dividend. Rather, stockholders who would otherwise be entitled to receive a fractional share instead will become entitled to receive one (1) share in lieu thereof.
All convertible securities of the Company outstanding immediately prior to the Stock Dividend will be appropriately adjusted by multiplying the number of shares of common stock into which the convertible securities are convertible by 1.5 and dividing the conversion price thereof by 1.5.
Upon completion of the dividend, the outstanding shares of Interlink's common stock will increase to approximately 14,828,951 based on the number of shares expected to be outstanding as of October 14, 2025.
Posted In: LINK
