Articles from Linqto, Inc.

Linqto, Inc. today re-released a detailed account of the rationale for filing for Chapter 11 bankruptcy protection, reviewing the serious fraud and misconduct committed by William (Bill) Sarris, Linqto’s former Chief Executive Officer and founder and the prior management. The Company shared new information connected to the fraudulent behavior that occurred under Mr. Sarris’ leadership, reiterated the timeline of events, and restated the facts previously submitted by Linqto to the United States Bankruptcy Court for the Southern District of Texas in the Company’s First Day Declaration.

Linqto, Inc. today announced that it has filed a Plan Supplement for the Joint Chapter 11 Plan of Linqto Texas LLC and its affiliated debtors, where among other things, the Company identified the managers selected for the two options for customer recoveries described in the Plan of Reorganization. These selections were made by the Unsecured Creditors Committee (UCC) and Linqto’s Chief Restructuring Officer (CRO), Jeffrey Stein. On July 8, 2025, Linqto filed for voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas.

Linqto, Inc. today announced that Judge Alfredo Perez of the U.S. Bankruptcy Court for the Southern District of Texas set a confirmation hearing date of January 28, 2026 in the Linqto Chapter 11 bankruptcy proceedings. Also in today’s hearing, the Disclosure Statement was conditionally approved. The proposed Disclosure Statement and the Company’s Plan of Reorganization, drafted with the support of the Unsecured Creditors Committee (UCC), provide a detailed and comprehensive roadmap for recovery for customers, timely emergence from bankruptcy, and reflect the best path forward to maximize recovery for customers and creditors.

Linqto, Inc., along with Linqto Texas LLC, Linqto Liquidshares LLC, and Linqto Liquidshares Manager LLC (collectively, “Linqto”) today announced that Linqto filed for voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”). Linqto took this step to protect and maximize stakeholder value through a court-supervised restructuring and expects to continue operating throughout the restructuring process.

Linqto, Inc. (“Linqto” or the “Company”), a leading financial technology platform providing investors access to late-stage, privately held companies, today announced that given the Company’s current situation, it is exploring all options to protect its assets and maximize value for Linqto stakeholders. As part of this effort, the Board voted to appoint restructuring expert and consultant Jeremy Rosenthal as an independent Director effective immediately.

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.