ModuLink Inc. 8-K

What Happened

• ModuLink Inc. (MDLK) filed an 8-K (filed Jan 30, 2026) disclosing that on January 26, 2026 it entered a Share Purchase Agreement to acquire 60% of ASA Robotics Limited. The purchase is structured as Innotech (ModuLink’s Hong Kong subsidiary) buying 60% of ASA Robotics from Wah Shing Lam and ASA Robotics in exchange for 6,500 shares of ModuLink’s Series A Convertible Preferred Stock. The company expects the closing to occur on or about February 28, 2026 and says it will not change its business as a result of the transaction. A press release announcing completion of due diligence and execution of the definitive agreement was furnished under Regulation FD on January 26, 2026.

Key Details

• Agreement date: January 26, 2026; 8-K filed January 30, 2026; anticipated closing ~February 28, 2026.
• Consideration: 6,500 shares of Series A Convertible Preferred Stock issued to Wah Shing Lam for 60% of ASA Robotics.
• Voting impact: The 6,500 Series A shares would give Mr. Lam voting power equal to 130,000,000 shares of ModuLink common stock; the filing notes this equals ~1.6% of the voting power held by company stockholders.
• Outstanding capital (as of Jan 29, 2026): 3,969,933,920 common shares and 200,000 Series A Preferred shares; those 200,000 Series A Preferred shares carry voting power equal to 4,000,000,000 common shares.

Why It Matters

• The deal gives ModuLink a 60% ownership stake in a Hong Kong-based robotics and AI solutions company, potentially expanding its exposure to robotics/AI operations without a cash purchase.
• Issuing Series A Convertible Preferred Stock shifts a measurable amount of voting power (reported as equivalent to 130 million common shares) to the seller, a relevant governance detail for shareholders to monitor.
• Closing timing, integration plans, and any future financial impact were not detailed in the 8-K; investors should watch for further disclosures (e.g., financials of ASA Robotics, post-close ownership and governance changes).