Linkage Global Inc, a cross-border e-commerce services provider based in Japan, has completed a strategic private placement to raise $3.5 million through the issuance of senior unsecured convertible notes. The initial closing is expected to bring in $2.7 million, with an additional $450,000 to follow after certain conditions are met. This financing also establishes a framework for future issuances totaling up to $26.5 million. The company plans to use the proceeds for general corporate purposes and to expand its cross-border sales operations. The transaction includes investor protections and the filing of a resale registration statement with the SEC. Craft Capital Management LLC served as the placement agent for this transaction.

Read more at GlobeNewswire: LINKAGE GLOBAL INC ANNOUNCES $3.5 MILLION CONVERTIBLE NOTE