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Lynk Files Counterclaims Against SLAM

FALLS CHURCH, Va.--(BUSINESS WIRE)--Lynk Global announced today that it has filed counterclaims against SLAM Corp. in the Delaware Court of Chancery. The filing remains under seal but is expected to become publicly available on July 7, 2025.

Lynk also acknowledges SLAM’s recent Form 8-K filing, which relates to its June 25, 2025 shareholder meeting. According to the filing, the holders of 1,885,947 public shares properly exercised their right to redeem their shares for cash, leaving only minimal funds remaining in trust. This redemption represents a rate exceeding 99% since SLAM’s initial public offering in 2021.

Lynk intends to vigorously defend itself against SLAM’s meritless claims and will continue to assert its rights under the Business Combination Agreement (BCA).

About Lynk

Lynk is a patented, proven, and commercially-licensed satellite-direct-to-standard-mobile-phone system. Lynk’s technology enables MNOs to provide their subscribers with connections from space for their unmodified mobile devices, enabling messaging, voice and data services designed for both commercial and government applications. Lynk’s technology has been tested and proven on all seven continents, and the Company is partnered with 50 MNOs and has commercial contracts to deliver services to approximately 60 countries. For more information, visit www.lynk.world.

For more information about Lynk Global and its direct-to-device satellite technology, visit www.lynk.world.

Contacts

For Media: Amy Mehlman, amy@lynk.world

Industry:

Lynk

Details
Headquarters: Falls Church, Virginia
CEO: Ramu Potarazu
Employees: 60+
Organization: PRI
Release Versions
English

Contacts

For Media: Amy Mehlman, amy@lynk.world

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