TOMORROW CRYPTO GROUP INC. TO BECOME PUBLICLY TRADED THROUGH PROPOSED MERGER WITH GLOBALINK INVESTMENT INC. – Lopoid Crypto News

TOMORROW CRYPTO GROUP INC. TO BECOME PUBLICLY TRADED THROUGH PROPOSED MERGER WITH GLOBALINK INVESTMENT INC. – Lopoid Crypto News #TOMORROW #CRYPTO #GROUP #PUBLICLY #TRADED #PROPOSED #MERGER #GLOBALINK #INVESTMENT #Lopoid Crypto News Welcome to Lopoid

Globalink Investment Inc.

Tomorrow Crypto Group Inc. (“Tomorrow Crypto”) is a Bitcoin/Ethereum (“ETH”) mining firm within the United States devoted to turning into a vertically-integrated supplier of cryptocurrency mining infrastructure and providers within the world blockchain ecosystem.

Transaction values Tomorrow Crypto at an enterprise worth of roughly $310 million and supplies as much as $131,725,000 in gross proceeds, together with as much as $116,725,000 of money held within the belief account of Globalink Investment Inc. (relying on the quantity of redemptions by Globalink’s public stockholders) and $15,000,000 from a concurrent PIPE funding.

The transaction is predicted to shut in This fall of 2022. The mixed firm might be named Tomorrow Crypto Group Holding Inc. and is predicted to be listed on Nasdaq.

NEW YORK, Aug. 03, 2022 (GLOBE NEWSWIRE) — Tomorrow Crypto Group Inc., a Nevada company (“Tomorrow Crypto”) and Globalink Investment Inc. (NASDAQ: “GLLI”, “GLLIU” models, “GLLIW” warrants, and “GLLIR” rights) (“Globalink”), a publicly traded particular goal acquisition firm, at the moment introduced that they’ve entered right into a definitive merger settlement.

Tomorrow Crypto is a Bitcoin/Ethereum (“ETH”) mining firm within the United States devoted to turning into a vertically built-in supplier of cryptocurrency mining infrastructure and providers within the world blockchain ecosystem. By leveraging its high-powered computer systems and mining rigs to resolve difficult mathematical formulation, Tomorrow Crypto expects to generate Bitcoins/ETHs, and validate and confirm the digital transactions onto the worldwide blockchain ledger system. Tomorrow Crypto plans to determine and supply important mining infrastructure at mining amenities for potential institutional-grade purchasers to mine Bitcoins/ETHs. Led by trade veteran and Chief Executive Officer, Mingliu Wang, Tomorrow Crypto believes it’s properly positioned to function and develop in a consistently evolving atmosphere primarily based on the proliferation of Bitcoin and cryptocurrencies normally. Following completion of the transaction, the mixed firm might be named “Tomorrow Crypto Group Holding Inc.” and is predicted to be listed on Nasdaq.

Mingliu Wang, Chief Executive Officer of Tomorrow Crypto, commented, “We are thrilled to be entering this transaction with Globalink to become a public company on Nasdaq. With access to new sources of capital and liquidity, Tomorrow Crypto will be able to seize more growth opportunities in the constantly evolving blockchain market. In addition, we believe that through our combined teams and expertise, Tomorrow Crypto can better position itself to become one of the world’s leading professional crypto mining players and a significant supporter of the global blockchain ecosystem.”

Lim Say Leong, Chief Executive Officer of Globalink, commented, “We are excited with the opportunities that Tomorrow Crypto could offer and we strongly believe in the tremendous opportunity in the blockchain market.”

Transaction Details

The transaction values Tomorrow Crypto at an enterprise worth of $310 million and is predicted to ship as much as $131,725,000 of gross proceeds, together with as much as $116,725,000 of money held in Globalink’s belief account (relying on the quantity of redemptions by Globalink’s public stockholders) and $15,000,000 from a concurrent PIPE funding of Series A Convertible Preferred Stock and warrants of Globalink. Net proceeds from the transaction are anticipated for use for working capital, development capex, and different normal company functions.

The transaction consists of an earn-out provision allowing Tomorrow Crypto stockholders to obtain as much as an combination most of 10 million further shares as and when the enterprise meets sure incremental milestones for the variety of ASIC mining machines efficiently put in, commissioned and positioned in operation. All Tomorrow Crypto stockholders will roll 100% of their fairness holdings into the brand new mixed firm.

Upon consummation of the transaction, the present stockholders of Tomorrow Crypto will change into the bulk stockholders of the mixed firm with an roughly 63.25% possession (bearing in mind the complete issuance of the earn-out shares); the PIPE traders will personal roughly 3.40% and all current stockholders of Globalink are anticipated to personal roughly 33.35% of the mixed firm, assuming no redemption by Globalink’s public stockholders.

The respective boards of administrators of Tomorrow Crypto and Globalink have accredited the transaction. The transaction would require the approval of the stockholders of Globalink and Tomorrow Crypto, and is topic to different customary closing situations, together with the receipt of sure regulatory approvals. The transaction is predicted to shut within the fourth quarter of 2022.

Additional details about the proposed transaction, together with a replica of the definitive agreements, might be supplied in a Current Report on Form 8-Ok to be filed by Globalink with the Securities and Exchange Commission (the “SEC”) and accessible at www.sec.gov.

Advisors

Hunter Taubman Fischer & Li LLC is serving as authorized advisor to Globalink.

Axiom Capital Management Inc. is serving as unique monetary advisor to Tomorrow Crypto. Ellenoff Grossman & Schole LLP is serving as authorized advisor to Tomorrow Crypto.

About Tomorrow Crypto

Tomorrow Crypto is a Bitcoin/Ethereum (“ETH”) mining firm within the United States devoted to turning into a vertically built-in supplier of cryptocurrency mining infrastructure and providers within the world blockchain ecosystem. By leveraging its high-powered computer systems and mining rigs to resolve difficult mathematical formulation, Tomorrow Crypto expects to generate Bitcoins/ETHs, and validate and confirm the digital transactions onto the worldwide blockchain ledger system. Tomorrow Crypto plans to determine and supply important mining infrastructure at mining amenities for potential institutional grade purchasers to mine Bitcoins/ETHs.

About Globalink Investment Inc.

Globalink is led by Mr. Lim Say Leong (CEO). Globalink is a clean test firm shaped for the aim of effecting a merger, share alternate, asset acquisition, share buy, reorganization or comparable enterprise mixture with a number of companies.

Important Information and Where to Find It

This press launch pertains to a proposed transaction between Globalink and Tomorrow Crypto. This press launch doesn’t represent a suggestion to promote or alternate, or the solicitation of a suggestion to purchase or alternate, any securities, nor shall there be any sale of securities in any jurisdiction by which such supply, sale or alternate could be illegal previous to registration or qualification underneath the securities legal guidelines of any such jurisdiction. In reference to the transaction described herein, Globalink intends to file related supplies with the SEC, together with a registration assertion on Form S-4 (the “Form S-4”), which is able to embody a proxy assertion/prospectus. Security holders, traders and different individuals are inspired to rigorously overview such data, together with the danger elements and different disclosures therein. The proxy assertion/prospectus might be despatched to all Globalink stockholders in reference to the stockholder assembly to approve the proposed transaction. Globalink additionally will file different paperwork concerning the proposed transaction with the SEC. Before making any voting or funding choice, traders and safety holders of Globalink are urged to learn the Form S-4, the proxy assertion/prospectus and all different related paperwork filed or that might be filed with the SEC in reference to the proposed transaction as they change into accessible as a result of they are going to include essential details about the proposed transaction.

Investors and safety holders will have the ability to acquire free copies of the Form S-4, the proxy assertion/prospectus and all different related paperwork filed or that might be filed with the SEC by Globalink by way of the web site maintained by the SEC at www.sec.gov.

Participants within the Solicitation

Globalink, GL Sponsor LLC, the sponsor of Globalink, Tomorrow Crypto and their respective administrators and govt officers could also be deemed to be individuals within the solicitation of proxies from Globalink’s stockholders in reference to the proposed transaction. Information about Globalink’s administrators and govt officers and their possession of Globalink’s securities is ready forth in Globalink’s filings with the SEC, together with the Form S-4 to be filed sooner or later. Additional data concerning the pursuits of these individuals and different individuals who could also be deemed individuals within the proposed transaction could also be obtained by studying the proxy assertion/prospectus concerning the proposed transaction when it turns into accessible. You might acquire free copies of those paperwork at www.sec.gov.

No Offer or Solicitation

This press launch is just not a proxy assertion or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction and shall not represent a suggestion to promote or a solicitation of a suggestion to purchase the securities of Globalink or Tomorrow Crypto, nor shall there be any sale of any such securities in any state or jurisdiction by which such supply, solicitation, or sale could be illegal previous to registration or qualification underneath the securities legal guidelines of such state or jurisdiction. No supply of securities shall be made besides by the use of a prospectus assembly the necessities of the Securities Act of 1933, as amended.

Forward-Looking Statements

Certain statements included on this press launch are usually not historic information however are forward-looking statements. Forward-looking statements typically are accompanied by phrases akin to “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “future,” “outlook,” and comparable expressions that predict or point out future occasions or tendencies or that aren’t statements of historic issues, however the absence of those phrases doesn’t imply {that a} assertion is just not forward-looking. These forward-looking statements embody, however are usually not restricted to, statements concerning the advantages of the proposed transaction, the anticipated timing of the proposed transaction, the companies operated by Tomorrow Crypto and the markets by which Tomorrow Crypto operates, enterprise methods, trade atmosphere, potential development alternatives, the consequences of laws and projected future outcomes of Globalink and Tomorrow Crypto. These statements are primarily based on numerous assumptions, whether or not or not recognized on this press launch and on the present expectations of Globalink’ and Tomorrow Crypto’s respective administration and are usually not predictions of precise efficiency. These forward-looking statements are supplied for illustrative functions solely and are usually not meant to function, and should not be relied on by any investor as, a assure, an assurance, a prediction or a definitive assertion of reality or chance. Actual occasions and circumstances are troublesome or unattainable to foretell and can differ from assumptions. Many precise occasions and circumstances are past the management of Globalink and Tomorrow Crypto. Some essential elements that would trigger precise outcomes to vary materially from these in any forward-looking statements might embody modifications in home and overseas enterprise, market, monetary, political and authorized situations.

These forward-looking statements are topic to various dangers and uncertainties, together with however not restricted to, (i) the danger that the proposed transaction might not be accomplished in a well timed method or in any respect, which can adversely have an effect on the worth of Globalink’s securities; (ii) the danger that the proposed transaction might not be accomplished by Globalink’s enterprise mixture deadline and the potential failure to acquire an extension of the enterprise mixture deadline if sought by Globalink; (iii) the failure to fulfill the situations to the consummation of the proposed transaction, together with the approval of the proposed transaction by the stockholders of Globalink and Tomorrow Crypto, the satisfaction of the minimal money necessities following redemptions by Globalink’s public stockholders and the receipt of sure governmental and regulatory approvals; (iv) the lack to consummate the PIPE funding; (v) the impact of the announcement or pendency of the proposed transaction on Tomorrow Crypto’s enterprise relationships, efficiency, and enterprise typically; (vi) dangers that the proposed transaction disrupts present plans of Tomorrow Crypto and potential difficulties in Tomorrow Crypto worker retention on account of the proposed transaction; (vii) the result of any authorized proceedings that could be instituted in opposition to Globalink or Tomorrow Crypto associated to the settlement and plan of merger or the proposed transaction; (viii) the flexibility to take care of the itemizing of Globalink’s securities on the Nasdaq; (ix) the worth of Globalink’s securities, together with volatility ensuing from modifications within the aggressive and extremely regulated industries by which Tomorrow Crypto plans to function, variations in efficiency throughout rivals, modifications in legal guidelines and laws affecting Tomorrow Crypto’s enterprise and modifications within the mixed capital construction; and (x) the flexibility to implement enterprise plans, forecasts, and different expectations after the completion of the proposed transaction, and establish and notice further alternatives. The foregoing listing of things is just not exhaustive. You ought to rigorously take into account the foregoing elements and the opposite dangers and uncertainties described in Globalink’s remaining proxy assertion/data assertion/prospectus contained within the Form S-4, together with these underneath “Risk Factors” therein, the Annual Report on Form 10-Ok, Quarterly Reports on Form 10-Q and different paperwork filed by Globalink now and again with the SEC. If any of those dangers materialize or our assumptions show incorrect, precise outcomes might differ materially from the outcomes implied by these forward-looking statements. There could also be further dangers that neither Globalink nor Tomorrow Crypto presently know, or that Globalink or Tomorrow Crypto at present imagine are immaterial that would additionally trigger precise outcomes to vary from these contained within the forward-looking statements. In addition, forward-looking statements mirror Globalink’s and Tomorrow Crypto’s present expectations, plans and forecasts of future occasions and views as of the date hereof. Nothing on this press launch must be thought to be a illustration by any individual that the forward-looking statements set forth herein might be achieved or that any of the contemplated outcomes of such forward-looking statements might be achieved. You mustn’t place undue reliance on forward-looking statements on this press launch, which communicate solely as of the date they’re made and are certified of their entirety by reference to the cautionary statements herein and the danger elements of Globalink or Tomorrow Crypto described above. Globalink and Tomorrow Crypto anticipate that subsequent occasions and developments will trigger their assessments to vary. However, whereas Globalink and Tomorrow Crypto might elect to replace these forward-looking statements sooner or later sooner or later, they every particularly disclaim any obligation to take action, besides as required by regulation. These forward-looking statements shouldn’t be relied upon as representing Globalink’s or Tomorrow Crypto’s assessments as of any date subsequent to the date of this press launch.

Contacts

Tomorrow Crypto Group Inc.
Mingliu Wang
[email protected]

Globalink Investment Inc.
Lim Say Leong
Email: [email protected]

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