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Linqto's Private Stock Deal Clears Bankruptcy Court Hurdle

By Ben Zigterman · October 3, 2025, 6:41 PM EDT

Investment platform Linqto received a Texas bankruptcy judge's approval for a novel Chapter 11 settlement with customers that would offer them a version of the exposure to private startups the company purported...

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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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Related Sections

Case Information

Case Title

Linqto Texas, LLC

Case Number

4:25-bk-90186

Court

Texas Southern

Nature of Suit

Date Filed

July 07, 2025

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