Skylineâ€ŊBuildersâ€ŊGroupâ€ŊHolding Ltd. Prices ~$23.9â€ŊM Private Placement

Skylineâ€ŊBuildersâ€ŊGroupâ€ŊHolding Ltd. Prices ~$23.9â€ŊM Private Placement

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Related Stocks:SKBL
Skyline Builders Group Holding Limited (NASDAQ:â€ŊSKBL), a Hongâ€ŊKong–based civil‑engineering contractor, has agreed to sell 17,370,909 Classâ€ŊA ordinary shares (and/or pre‑funded warrants in lieu of shares) along with up to 17,370,909 ordinary share‑purchase warrants in a brokered private placement. The units are priced at $1.375 each (or $1.37499 for a pre‑funded warrant unit), for aggregate gross proceeds of approximately $23.885â€Ŋmillion (before fees and expenses). Each pre‑funded warrant will be exercisable upon issuance for one Classâ€ŊA share at $0.0001, and each ordinary warrant will entitle the holder to purchase one Classâ€ŊA share at $1.50 per share, exercisable until the fifth anniversary of issuance. The closing of the offering is expected on or about Octoberâ€Ŋ30,â€Ŋ2025, subject to customary closing conditions. Skyline Builders says it plans to use the net proceeds for general working capital and other corporate purposes. The placement agents include Dominari Securities LLC, Revere Securities LLC and Pacific Century Securities. #SkylineBuilders #PrivatePlacement #CapitalRaise #ConstructionIndustry #SlimScan #GrowthStocks #CANSLIM

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Skylineâ€ŊBuildersâ€ŊGroupâ€ŊHolding Ltd. Prices ~$23.9â€ŊM Private Placement | CANSLIM