Skyline Builders Group (SKBL) Prices 1.5M Share IPO at $4/sh

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Skyline Builders Group Holding Limited Announces Pricing of Approximately $6 Million Initial Public Offering

January 23, 2025 8:30 AM EST

Hong Kong, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Skyline Builders Group Holding Limited (NASDAQ: SKBL) (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.

The Company expects to receive aggregate gross proceeds of approximately $6 million from this Offering, before deducting underwriting... More