Linqto Gets OK To Take Votes On Ch. 11 Plan With Stock Deal

By Alex Wittenberg · December 5, 2025, 5:38 PM EST

A Texas bankruptcy judge Friday allowed investment platform Linqto to solicit votes from creditors on its Chapter 11 plan, saying potential issues with the debtor's third-party releases and challenges to the...

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Bankruptcy Scorecard

Summary

A platform that promised to "democratize" private markets by connecting retail investors with pre-IPO startups and other privately held companies filed for bankruptcy to get required regulatory approvals, reshape its structure and work with regulators amid claims that it misled customers and flouted securities law.

Case Number

4:25-bk-90186

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$500 million to $1 billion

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Case Information

Case Title

Linqto Texas, LLC

Case Number

4:25-bk-90186

Court

Texas Southern

Nature of Suit

Date Filed

July 07, 2025