Skyline Builders Group Prices $31.6 Million Preferred Share Private Placement

Skyline Builders Group Holding Ltd. Class A ( (SKBL) ) just unveiled an update.

On February 11, 2026, Skyline Builders Group Holding Limited announced it had priced a brokered private placement of 6,318 preferred shares for gross proceeds of approximately $31.59 million. The preferred shares are convertible into Class A ordinary shares at $2.40 per share, subject to anti-dilution adjustments with a floor of $1.50, and were sold under Regulation D to U.S. investors and Regulation S to non-U.S. investors.

The company engaged Dominari Securities LLC and Ocean Wall Ltd. as placement agents, agreeing to pay an 8% cash fee on gross proceeds and issue non-callable warrants equal to 6% of the underlying Class A shares at a $2.40 exercise price. Skyline also committed to file a registration statement with the U.S. SEC for the resale of the underlying shares and warrants, with the offering expected to close on or about February 13, 2026, potentially strengthening its capital position and financial flexibility for future operations.

More about Skyline Builders Group Holding Ltd. Class A

Skyline Builders Group Holding Limited (NASDAQ: SKBL) is a Hong Kong–based Approved Public Works Contractor focused on roads and drainage projects. Its core business is public civil engineering works, primarily in Hong Kong, where it typically serves as a subcontractor but is fully qualified to act as a main contractor on both public infrastructure and private residential and commercial developments.

Average Trading Volume: 199,300

Technical Sentiment Signal: Strong Sell

Current Market Cap: $95.21M

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