Globalink Investment Inc 2025年季度报告

For the quarterly period endedMarch 31,2025 For the transition period from to (Address of Principal Executive Offices, including zip code) reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for PART 1 – FINANCIAL INFORMATION Condensed Consolidated Statements of Changes in Stockholder’s Deficit (Unaudited) for the three months endedMarch 31, 2025 and 2024 Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations Item 2.Unregistered Sales of Equity Securities and Use of Proceeds Note 1 –Description of Organization and Business Operations and Liquidity recapitalization, reorganization or other similar business combination with one or more businesses or entities (the “BusinessCombination”). The Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination.The Company is an emerging growth company and, as such, the Company is subject to all of the risks associated with emerginggrowth companies. On July 27, 2022, Globalink Merger Sub, Inc., a Nevada corporation and a wholly-owned subsidiary of the Company, wasformed. Globalink Merger Sub, Inc. had not commenced any operations as of March 31, 2025.On April 3, 2024, Globalink Merger Sub (Cayman), was incorporated in the Cayman Islands as a wholly-owned subsidiary of theCompany. Globalink Merger Sub (Cayman) had not commenced any operations as of March 31, 2025. On December 31, 2024, revenues until after the completion of its initial Business Combination, at the earliest. The Company generates non-operating incomein the form of interest income earned on investments from the proceeds derived from the IPO. The registration statement for theCompany’s IPO was declared effective on December 6, 2021. On December 9, 2021, the Company consummated the IPO of10,000,000units (“Units”) at $10.00per Unit generating gross proceeds of $100,000,000, which is discussed in Note 3. The Company Simultaneously with the closing of the IPO, the Company consummated the sale of517,500units (“Private Placement Units”) at aprice of $10.00per Private Placement Unit in a private placement to Public Gold Marketing Sdn. Bhd., a Malaysian private limitedcompany and a related party of the Company, generating gross proceeds of $5,175,000, which is described in Note 4. Additionally with the closing of the IPO, the Company granted the underwriters a 45-day option to purchase up to1,500,000Units to cover over-allotment. On December 13, 2021, the underwriters fully exercised the option and purchased1,500,000additionalUnits (the “Over-allotment Units”), generating additional gross proceeds of $15,000,000. Placement Units to Public Gold Marketing Sdn. Bhd. at a price of $10.00per Private Placement Unit, generating additional grossproceeds of $525,000. Since the underwriters’ over-allotment was exercised in full, the sponsor did not forfeit any Founder Shares (asdefined in Note 5). below)) and $562,896of other costs. As described in Note 6, the $4,025,000of deferred underwriting fee payable is contingent uponthe consummation of a Business Combination, subject to the terms of the underwriting agreement.Following the closing of the IPO, $116,725,000($10.15per Unit) from the net proceeds of the sale of the Units in the IPO and thePrivate Placement Units were placed in a trust account (“Trust Account”) and were invested in U.S. government securities, within the To mitigate the risk of being deemed to have been operating as an unregistered investment company (including under thesubjective test of Section 3(a)(1)(A) of the Investment Company Act), in July 2023, the Company instructed Continental StockTransfer & Trust Company, the trustee of the Trust Account (the “Trustee” or “Continental”), to liquidate the U.S. government The Company will provide the holders (the “Public Stockholders”) of the outstanding shares of common stock included in theUnits, or the Public Shares with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business tender offer. The decision as to whether the Company will seek stockholder approval of a Business Combination or conduct a tenderoffer will be made by the Company. The Public Stockholders will be entitled to redeem their Public Shares for a pro rata portion of theamount then in the Trust Account (initially anticipated to be $10.15per Public Share, plus any pro rata interest then in the TrustAccount, net of taxes payable). There will be no redemption rights with respect to the Company’s warrants.5 Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480-10-S99, redemption provisions not solelywithin the control of a compan