Skyline Builders Group Holding Ltd. has announced the completion of a $31.59 million private placement of its Series B Preferred Shares. The company issued a total of 6,322 Preferred Shares to accredited and non-US investors through Regulation D and Regulation S offerings, respectively. The net proceeds will be used for general working capital and corporate purposes. The securities have not been registered under the Securities Act and are subject to resale restrictions. Additionally, placement agents received warrants to purchase Class A ordinary shares at an exercise price of $2.40 per share.
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: GNW9654833-en) on February 13, 2026, and is solely responsible for the information contained therein.