SKK Holdings Ltd (SKK) Form 6-K — Jun 24, 2026
Shareholders approved the acquisition of substantially all of Rantizo’s drone-based technology assets for a purchase price consisting of $759,047 in cash and newly issued Class A ordinary shares valued at approximately $258.8 million. Additionally, the company approved issuing $12 million worth of shares to management and $10 million worth of shares related to an escrow payment from Rantizo. The company will change its name from SKK Holdings Limited to Rantizo, subject to the issuance of a certificate of incorporation by the Cayman Islands registrar.
Key figures
- Deal Value Usd
- 258800000
- Cash purchase price
- 759047
- Escrow shares value
- 10000000
- Shares outstanding class a
- 1363415
- Shares outstanding class b
- 1085264
- Authorized share capital increase
- US$500,000 to US$5,000,000
- Management incentive shares value
- 12000000
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