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Skyline Builders Group Holding Ltd. Class A ( (SKBL) ) has provided an announcement.
On August 29, 2025, Skyline Builders Group Holding Limited completed a private placement, raising approximately $17.775 million. The offering involved the sale of Class A ordinary shares and prefunded warrants, with proceeds used to retire shares owned by Supreme Development (BVI) Holdings Limited and for general corporate purposes. This transaction resulted in Quantum Leap Energy LLC becoming the controlling shareholder. The private placement was facilitated by Revere Securities LLC, Pacific Century Securities, LLC, and Dominari Securities LLC, who received a success fee and warrants as compensation. The company plans to file a registration statement to cover the resale of the shares and warrants involved in this transaction.
More about Skyline Builders Group Holding Ltd. Class A
Skyline Builders Group Holding Limited operates as an Approved Public Works Contractor in Hong Kong, primarily focusing on civil engineering services such as roads and drainage. The company undertakes public civil engineering works mainly as a subcontractor but is also qualified to act as a main contractor. Its projects include infrastructure developments in the public sector and residential and commercial developments in the private sector.
Average Trading Volume: 3,444,268
Technical Sentiment Signal: Strong Sell
Find detailed analytics on SKBL stock on TipRanks’ Stock Analysis page.