ModuLink Inc. (MDLK) Announces Completion of Due Diligence and Execution of Definitive Agreement to Acquire 60% Equity Interest in ASA Robotics Limited

Pursuant to the definitive Share Purchase Agreement signed on January 26, 2026, ModuLink, through its wholly-owned Hong Kong subsidiary, ModuLink InnoTech Limited, will acquire 60% of the issued and outstanding shares of ASA Robotics Limited from Mr. Wah Shing Lam, a major shareholder of ASA, subject to customary closing conditions. Key terms of the transaction include: * **Equity Interest:** Acquisition of 60% of ASA's issued and outstanding share capital * **Consideration:** Issuance of 6,500 preferred shares of ModuLink Inc. at an implied value of approximately USD 98.62 per share, representing a total transaction value of HKD 5,000,000 (approximately USD 641,026) * **Governance Rights:** ModuLink will obtain majority ownership, board representation and governance rights in ASA * **Management Continuity:** ASA's existing management team will remain in place to ensure operational continuity The transaction is expected to complete on or before February 28, 2026, subject to customary closing conditions and regulatory requirements.