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

Reuters

Aug 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces $17.775 Million Private Placement for Corporate Purposes","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/SKBL\">Skyline Builders</a> Group Holding Ltd. 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. 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Announces $17.775 Million Private Placement for Corporate Purposes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-27 20:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/SKBL\">Skyline Builders</a> Group Holding Ltd. 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\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SKBL","symbol_name":"天际线建筑集团","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. 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.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}