Skk Holdings Limited Announces Closing of $10.0 Million Initial Public Offering
SKK Holdings Limited (SKK)
Company Research
Source: GlobeNewswire
SINGAPORE, Oct. 09, 2024 (GLOBE NEWSWIRE) -- SKK Holdings Limited (“SKK” or the “Company”) (Nasdaq: SKK), a civil engineering service provider that specializes in subsurface utility works in Singapore, today announced the closing of its previously announced initial public offering (the “Offering”) of an aggregate 2,500,000 ordinary shares at a public offering price of $4.00 per share for total gross proceeds of $10.0 million, before deducting underwriting discounts and offering expenses. The Company sold 1,750,000 ordinary shares and selling shareholders sold an aggregate of 750,000 ordinary shares. The Company did not receive any proceeds from the sale of shares by the selling shareholders. The shares began to trade on the Nasdaq Capital Market on October 8, 2024, under the ticker symbol “SKK.” The Company received aggregate net proceeds of approximately $5.26 million, after deducting discounts, expenses and expense allocations. Proceeds of the Offering will be used to expand
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SKK
Sec Filings
- 10/9/24 - Form 6-K
- 10/8/24 - Form 424B3
- 10/8/24 - Form 424B5
- SKK's page on the SEC website