Linqto Confirms Underlying Shares of Platform Companies Are Secure

Linqto Board Retained Leading, Third-Party Advisory Firm to Review Linqto’s Internal Analysis of Company Records of Platform Assets and Unit Share Holdings

SAN JOSE, Calif.--(BUSINESS WIRE)--Linqto, Inc. (“Linqto” or the “Company”), a leading financial technology platform providing accredited investors access to late-stage, privately held companies, today confirmed that the underlying shares of platform companies are secure.

Over the last month, the Company’s Board of Directors retained a leading, third-party advisory firm, to conduct an independent analysis of the underlying stock owned by Linqto’s affiliate, Linqto Liquidshares, LLC (“Liquidshares”). The advisory firm examined records maintained on two independent third-party equity management platforms and other investor records. This review did not yield any discrepancies with Linqto’s original internal analysis.

On April 3, 2025, Linqto provided an update to the market on ongoing internal and regulatory investigations and business operations. In this communication, Linqto confirmed that Liquidshares was properly listed on the capitalization table of the companies and funds listed on its platform, and that client transactions on the platform were executed. Linqto also disclosed that in an abundance of caution, it was retaining an independent third-party analyst firm to review this internal analysis and confirm the results.

“Retaining investor confidence during this period of internal and external regulatory investigations into the wrongdoings of prior management is critical for the future viability of Linqto,” said Linqto Chief Executive Officer Dan Siciliano. “Legitimate questions about the validity of unitholder investments were raised and to that end, the new management team took the necessary steps to ensure that investments in the privately held companies on our platform are secure. We thank our third-party partner for their detailed analysis and are confident that the economic interests of our unitholders are intact.”

The Company continues to cooperate with regulators in connection with ongoing investigations related to compliance violations and related actions taken and overseen by prior management. As a result of these investigations, Linqto’s suspension of transactions on its platform remains in effect. We are unable to predict when the platform will be fully operational and we will provide updates when available.

About Linqto

Linqto is a global investing platform enabling accredited investors access to investments in private companies and unicorns. Linqto’s platform has provided investors with access to more than $460 million investments across a range of sectors. For more details, visit www.linqto.com.

IMPORTANT LEGAL NOTICE AND DISCLOSURES: This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.