Skyline Builders Group Holding Ltd. Announces $17.775 Million Private Placement for Corporate Purposes

Reuters

08/27

<a href="https://laohu8.com/S/SKBL">Skyline Builders</a> Group Holding Ltd. Announces $17.775 Million Private Placement for Corporate Purposes

Skyline Builders Group Holding Ltd. has announced a private placement agreement for the issuance and sale of up to 24,349,315 Class A Ordinary Shares and/or prefunded warrants to purchase Class A Ordinary Shares. The offering, priced at $0.73 per share, is expected to generate approximately $17.775 million in gross proceeds. Dominari Securities LLC, Revere Securities LLC, and Pacific Century Securities are serving as co-placement agents for the transaction. The company plans to allocate around $7 million of the proceeds to buy back shares from Supreme Development (BVI) Holdings Limited, owned by CEO Ngo Chiu Lam, while the remainder will be used for general working capital and corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skyline Builders Group Holding Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9519054-en) on August 27, 2025, and is solely responsible for the information contained therein.

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Announces $17.775 Million Private Placement for Corporate Purposes\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Skyline Builders Group Holding Ltd. has announced a private placement agreement for the issuance and sale of up to 24,349,315 Class A Ordinary Shares and/or prefunded warrants to purchase Class A Ordinary Shares. The offering, priced at $0.73 per share, is expected to generate approximately $17.775 million in gross proceeds. Dominari Securities LLC, Revere Securities LLC, and Pacific Century Securities are serving as co-placement agents for the transaction. 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ID: GNW9519054-en) on August 27, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SKBL","symbol_name":"天際線建築集團","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250827:nNDL7gVXlD:1","article_id":"2562749452","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562749452","pubTimestamp":1756298807,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Skyline Builders Group Holding Ltd. has announced a private placement agreement for the issuance and sale of up to 24,349,315 Class A Ordinary Shares and/or prefunded warrants to purchase Class A Ordinary Shares. 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Announces $17.775 Million Private Placement for Corporate Purposes\n    \n\n        Skyline Builders Group Holding Ltd. has announced a private placement agreement for the issuance and sale of up to 24,349,315 Class A Ordinary Shares and/or prefunded warrants to purchase Class A Ordinary Shares. The offering, priced at $0.73 per share, is expected to generate approximately $17.775 million in gross proceeds. Dominari Securities LLC, Revere Securities LLC, and Pacific Century Securities are serving as co-placement agents for the transaction. The company plans to allocate around $7 million of the proceeds to buy back shares from Supreme Development (BVI) Holdings Limited, owned by CEO Ngo Chiu Lam, while the remainder will be used for general working capital and corporate purposes.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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