SKK Holdings Ltd (SKK) Form 6-K — May 18, 2026
SKK Holdings Limited entered into a Sales Agreement with A.G.P./Alliance Global Partners on May 18, 2026, establishing an 'at-the-market' (ATM) equity offering facility. Under the agreement, the company may sell up to $5,540,009 worth of Class A Ordinary Shares from time to time through the sales agent, subject to market conditions and company instructions. The company will pay the sales agent a commission of 3.0% of the gross proceeds from each sale, plus reimbursement for certain out-of-pocket expenses capped at $35,000 initially and $5,000 per quarter for maintenance. The net proceeds from the sales will be used for working capital and general corporate purposes.
Key figures
- Gross Proceeds
- 5540009
- Offering cap usd
- 5540009
- Agent commission percent
- 3
- Non affiliate public float usd
- 6500000
- Agent expense reimbursement cap usd
- 35000
- Quarterly maintenance reimbursement usd
- 5000
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