ModuLink Completes 60% Acquisition of ASA Robotics for $641K

ModuLink Inc., through its wholly-owned subsidiary ModuLink InnoTech Limited, completed the acquisition of a 60% equity interest in ASA Robotics Limited, a Hong Kong-based robotics and artificial intelligence solutions company. The transaction involved issuing 6,500 shares of ModuLink's Series A Convertible Preferred Stock, valued at approximately USD 641,026. ASA Robotics will now be a majority-owned subsidiary and consolidated into ModuLink's financial statements, expanding its presence in the robotics and AI sector.