SKK Holdings Ltd (SKK) Form 424B5 — May 18, 2026
SKK Holdings Limited (SKK) filed a prospectus supplement for an at-the-market equity offering of up to $5.5 million in Class A ordinary shares through sales agent A.G.P. The offering allows the company to sell shares from time to time at prevailing market prices, with a 3% commission to the agent, to fund general corporate purposes including working capital and strategic investments. Concurrently, the filing discloses a transformative Asset Purchase Agreement to acquire substantially all assets of Rantizo, Inc., a drone technology company, for a total consideration of approximately $259.6 million.
Key figures
- Deal Value Usd
- 258800000
- Gross Proceeds
- 5540009
- Offering Price
- 3.39
- Shares Offered
- 1634220
- Shares Outstanding
- 1363415
- Dilution Per Share
- 0.36
- Cash Consideration
- 759047
- Stock Consideration
- 258800000
- Management Grant Value
- 12000000
- Private Placement Escrow
- 10000000
- Class BShares Purchase Price
- 8000000
- Net Tangible Book Value Per Share
- 2.96
Price after filing
Close on the filing date to close N calendar days later (from $4.56). Historical, not a forecast.
AI analysis
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