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Articles from Skyline Builders Group Holding Limited

Skyline Builders Group Holding Limited Announces Underwriters’ Full Exercise of Over-allotment Option
Hong Kong, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Skyline Builders Group Holding Limited (NASDAQSKBL) (the “Company”), a civil engineering services provider in Hong Kong, today announced that on February 10, 2025, the underwriter of its previously announced initial public offering (“Offering”) has exercised its over-allotment option in full (the “Over-Allotment Option”) and purchased an additional  225,000Class A Ordinary Shares of the Company at the public offering price of $4.00 per share, resulting in additional gross proceeds of $900,000. After giving effect to the full exercise of the Over-Allotment Option, the total number of Class A Ordinary Shares sold by the Company in the Offering increased to 1,725,000 Class A Ordinary Shares and the gross proceeds increased to $6,900,000, before deducting underwriting discounts and commissions. Proceeds from the Offering will be used to enhance the Company’s capacities in hiring additional staff, strengthen its market position in the civil engineering industry, acquire machinery to enhance its capacity, enhance the Company’s brand, as well as to fund working capital and for other general corporate purposes.
Skyline Builders Group Holding Limited Announces Closing of Approximately $6 Million Initial Public Offering
Hong Kong, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Skyline Builders Group Holding Limited (NASDAQSKBL) (the “Company”), a civil engineering services provider in Hong Kong, today announced the closing of its initial public offering (“Offering”) of 1,500,000 Class A ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of $6 million to the Company before underwriting discounts and commissions. Proceeds from the Offering will be used to enhance the Company’s capacities in hiring additional staff, strengthen its market position in the civil engineering industry, acquire machinery to enhance its capacity, enhance the Company’s brand, as well as to fund working capital and for other general corporate purposes.
Skyline Builders Group Holding Limited Announces Pricing of Approximately $6 Million Initial Public Offering
Hong Kong, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Skyline Builders Group Holding Limited (NASDAQSKBL) (the “Company”), a civil engineering services provider in Hong Kong, today announced the pricing of its initial public offering (“Offering”) of 1,500,000 Class A ordinary shares at a public offering price of $4.00 per share. The Class A ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on January 23, 2025 under the ticker symbol “SKBL.”