Interlink Electronics, Inc. announced on October 16, 2025 that it has completed a mandatory conversion of all outstanding 8.00% Series A Convertible Preferred Stock into common stock. The conversion was triggered after the company’s closing share price met or exceeded 120 % of the $10.00 conversion price for 20 trading days within a 30‑day window, satisfying the conditions set forth in the company’s Certificate of Designations.
Under the terms of the conversion, each Series A preferred share was exchanged for three (3) shares of common stock, effectively increasing the number of common shares outstanding and diluting existing shareholders. The conversion is effective as of the issuance of the press release and represents a significant change to Interlink’s capital structure, as the preferred shares are no longer outstanding.
This financing event is material to investors because it alters the company’s equity base and may impact future earnings per share calculations, dividend considerations, and voting power. The conversion also signals that Interlink’s preferred shareholders have exercised their conversion rights, reflecting confidence in the company’s common‑stock valuation and future prospects.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.