Interlink Electronics(LINK)
Search documents
Interlink Electronics Announces Conversion of Series A Preferred Stock to Common Stock
Globenewswireยท 2025-10-15 13:00
Core Points - Interlink Electronics, Inc. announced the mandatory conversion of all outstanding shares of 8.00% Series A Convertible Preferred Stock into Common Stock [1][2] - The conversion was triggered as the closing price of Common Stock met the required conditions, specifically reaching $10.00 per share for at least 20 trading days [2] - Each share of Series A Preferred Stock has been converted into three shares of Common Stock effective immediately [2] Company Overview - Interlink Electronics is a leader in sensor technology and printed electronic solutions with 40 years of experience [4] - The company serves a diverse range of markets including medical, industrial, automotive, wearables, IoT, and other specialty sectors [4] - Interlink's facilities include a headquarters in Fremont, California, and manufacturing sites in Shenzhen, China; Irvine, Scotland; and Barnsley, England [5]
Interlink Electronics Awarded $200,000 FDA SBIR Grant to Advance Electrochemical Sensors for Food Safety and Quality Monitoring
Globenewswireยท 2025-10-02 13:00
Core Insights - Interlink Electronics has received a $200,000 SBIR Phase 1 grant from the FDA to enhance its sensor technology aimed at improving food safety and quality monitoring of post-harvest food products [1][3]. Company Overview - Interlink Electronics is a leader in sensor technology and printed electronic solutions, with 40 years of experience serving various markets including medical, industrial, automotive, wearables, IoT, and specialty markets [4]. - The company operates from multiple locations, including its headquarters in Fremont, California, and manufacturing facilities in Shenzhen, China; Irvine, Scotland; and Barnsley, England [4]. Industry Context - Food security is a critical global issue, necessitating the monitoring of food quality throughout the supply chain, which is a public health priority for governments worldwide [2]. - The development of advanced electrochemical sensors is essential for ensuring food safety and quality, addressing both economic impacts and public health concerns [2]. Strategic Implications - The grant signifies recognition of Interlink's expertise in developing low-power, cost-effective electrochemical gas sensors, positioning the company to expand into high-value markets such as food safety [3]. - The funding will enable the company to enhance its R&D efforts, leading to the creation of novel sensor platforms that can monitor a wide range of food quality parameters [3].
Why Is Interlink Electronics Stock Skyrocketing Wednesday?
Yahoo Financeยท 2025-09-24 18:47
Core Points - Interlink Electronics Inc. announced a 50% common stock dividend to be issued on October 28, 2025, payable to shareholders of record as of October 14, 2025 [1] - The stock dividend will maintain each investor's percentage ownership, with adjustments made for convertible securities [2] - Following the dividend, outstanding common shares are projected to rise to approximately 14,828,951, with trading on the Nasdaq Capital Market beginning at the adjusted price on October 29, 2025 [3] - In Q2, Interlink reported revenue of $3.41 million, exceeding analysts' estimates of $2.80 million, and showed improvement from $2.90 million a year earlier, with break-even earnings compared to a loss of 4 cents per share in the prior year [4] - As a result of these announcements, LINK shares increased by 20.48% to $13.59 [4]
Interlink Electronics Announces 50% Common Stock Dividend
Globenewswireยท 2025-09-24 15:00
Core Viewpoint - Interlink Electronics, Inc. announced a 50% common stock dividend to be issued on October 28, 2025, affecting stockholders of record as of October 14, 2025 [1][2] Group 1: Stock Dividend Details - The stock dividend will be uniform for all stockholders and will not change their percentage interest in the company's equity, except for fractional shares, which will not be issued [2] - Stockholders entitled to fractional shares will receive one share instead [2] - Convertible securities will be adjusted by multiplying the number of shares by 1.5 and dividing the conversion price by 1.5 [3] - After the dividend, the total outstanding shares will increase to approximately 14,828,951 [3] Group 2: Company Overview - Interlink Electronics is a leader in sensor technology and printed electronic solutions, with 40 years of experience serving diverse markets including medical, industrial, automotive, wearables, and IoT [5] - The company operates from multiple locations, including Fremont, California, and has manufacturing facilities in Shenzhen, China, Irvine, Scotland, and Barnsley, England [6]
Saudi Arabia's Largest Bank SAB Taps Chainlink To Power Onchain Finance in the Kingdom
Yahoo Financeยท 2025-09-17 12:17
Core Insights - Chainlink (LINK) is expanding its presence in Saudi Arabia through a partnership with Saudia Awwal Bank (SAB), which has over $100 billion in assets, to adopt blockchain infrastructure for on-chain finance [1][7] Chainlink Infrastructure - SAB will utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Chainlink Runtime Environment (CRE) to support the region's digital transformation efforts [2] - CCIP facilitates secure cross-chain asset transfers, bridging decentralized applications (dApps) and traditional finance platforms, while CRE serves as a toolkit for developers [2] Recent Developments - This partnership follows SAB's recent agreement with Wamid to explore capital market tokenization [3] - Chainlink has launched tools for traditional finance products across multiple blockchains and a multi-chain compatible version of Tether Gold [4] - The company has also collaborated with the U.S. Department of Commerce to disseminate important economic data across various chains [4] Market Performance - Chainlink's recent adoption has positively impacted LINK's market performance, with the token trading up 117.5% over the past year at $23.16 and a market cap of $15.7 billion [6][7] - The total value secured by the network is approximately $62.93 billion [6] Additional Initiatives - In August 2025, Chainlink launched an on-chain LINK reserve, accumulating 280,049 LINK valued at around $6.5 million, with an average cost basis of $22.44 per token [8] - Despite a recent decline of 1.91% in the past 24 hours, LINK reached a high of $26.74 earlier in 2025 [8]
Interlink Electronics Awarded $175,000 USDA SBIR Grant to Develop AI-Powered Food Quality & Safety Monitor
Globenewswireยท 2025-09-09 13:00
Core Insights - Interlink Electronics, Inc. has been awarded a $175,000 SBIR Phase I grant from the USDA to develop an AI-powered food quality and safety monitoring system [1][3] - The system aims to enhance food supply chain safety and freshness by integrating real-time gas detection with AI technology [2][3] - The project positions Interlink as a leader in AI-driven environmental and agricultural monitoring, with potential for future Phase II funding and commercialization [3] Company Overview - Interlink Electronics is a global leader in sensor technology and printed electronic solutions, with 40 years of experience in delivering critical technologies across various markets [4] - The company serves a diverse international customer base from multiple facilities in California, China, Scotland, and England [5] Technology and Innovation - The company's gas sensing technology is designed to be scalable, low-power, and cost-efficient, generating high-fidelity data for AI applications [3] - Interlink's integration of sensor technologies with AI is seen as a foundational enabler for AI-driven applications, addressing global challenges in food security and waste reduction [3]
X @Santiment
Santimentยท 2025-09-04 16:03
Whale Activity - Whales purchased 125 million (125,000,000) Chainlink $LINK in the last 48 hours [1]