Skyline Builders Group Holding Limited Announces Closing of Approximately $6 Million Initial Public Offering Globe Newswire IPOs

Hong Kong, Jan. 24, 2025 (GLOBE NEWSWIRE) — Skyline Builders Group Holding Limited (NASDAQ:SKBL) (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.

All of the Class A Ordinary Shares are offered by the Company. The Offering closed on January 24, 2025 and the Class A Ordinary Shares commenced trading on Nasdaq Capital Market on January 23, 2025 under the ticker symbol “SKBL.” The Company has granted the Underwriters an option to purchase up to 225,000 additional Class A Ordinary Shares within 45 days of the effective date of the Company’s registration statement in relation to the Offering.

The Offering was conducted on a firm commitment basis. Dominari Securities LLC acted as representative of the underwriters with Revere Securities LLC acted as co-underwriter (collectively, the “Underwriters”) for the Offering. Loeb & Loeb LLP acted as counsel to the Company, and Sichenzia Ross Ference Carmel LLP acted as counsel to the Underwriters in connection with the Offering. …

Full story available on Benzinga.com

Hong Kong, Jan. 24, 2025 (GLOBE NEWSWIRE) — Skyline Builders Group Holding Limited (NASDAQ:SKBL) (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.

All of the Class A Ordinary Shares are offered by the Company. The Offering closed on January 24, 2025 and the Class A Ordinary Shares commenced trading on Nasdaq Capital Market on January 23, 2025 under the ticker symbol “SKBL.” The Company has granted the Underwriters an option to purchase up to 225,000 additional Class A Ordinary Shares within 45 days of the effective date of the Company’s registration statement in relation to the Offering.

The Offering was conducted on a firm commitment basis. Dominari Securities LLC acted as representative of the underwriters with Revere Securities LLC acted as co-underwriter (collectively, the “Underwriters”) for the Offering. Loeb & Loeb LLP acted as counsel to the Company, and Sichenzia Ross Ference Carmel LLP acted as counsel to the Underwriters in connection with the Offering. …

Full story available on Benzinga.com

 Hong Kong, Jan. 24, 2025 (GLOBE NEWSWIRE) — Skyline Builders Group Holding Limited (NASDAQ:SKBL) (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.
All of the Class A Ordinary Shares are offered by the Company. The Offering closed on January 24, 2025 and the Class A Ordinary Shares commenced trading on Nasdaq Capital Market on January 23, 2025 under the ticker symbol “SKBL.” The Company has granted the Underwriters an option to purchase up to 225,000 additional Class A Ordinary Shares within 45 days of the effective date of the Company’s registration statement in relation to the Offering.
The Offering was conducted on a firm commitment basis. Dominari Securities LLC acted as representative of the underwriters with Revere Securities LLC acted as co-underwriter (collectively, the “Underwriters”) for the Offering. Loeb & Loeb LLP acted as counsel to the Company, and Sichenzia Ross Ference Carmel LLP acted as counsel to the Underwriters in connection with the Offering. …Full story available on Benzinga.com   Read MoreNews, SKBL, IPOs, Press Releases IPOs