SKK Holdings COO Chun Seong Ng sells 233,517 shares
The Securities Purchase Agreement, dated May 1, 2026, was between SKK Holdings Ltd, Rantizo, Inc. and certain shareholders.
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Rhea-AI Filing Summary
Chun Seong Ng reported disposition transactions in this Form 4 filing. SKK Holdings Ltd’s Executive Director and COO, Chun Seong Ng, sold 233,517 Class B Ordinary Shares directly to Rantizo, Inc. on October 9, 2026, at $7.37 per share, under a Securities Purchase Agreement. His reported direct holdings after the transaction were 0 shares. The agreement states that Rantizo paid $8,000,000 as consideration for an aggregate of 1,085,264 Class B Ordinary Shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares F1, F2, F3 | 233,517 | $7.37 | $1.72M |
Footnotes (3)
- F1. Pursuant to the Securities Purchase Agreement, dated May 1, 2026, by and between the Registrant, Rantizo, Inc. and certain shareholders as named therein (the "SPA"), the Reporting Person sold 233,517 of its Class B Ordinary Shares to Rantizo, Inc. on October 9, 2026.
- F2. On March 30, 2026, the Registrant effected a 0-to-1 share consolidation of the Registrant's ordinary shares (the "Share Consolidation"). The number of ordinary shares reported on this Form 4 reflects the Reporting Person's Class B Ordinary Shares after giving effect to the Share Consolidation.
- F3. Pursuant to the SPA, Rantizo, Inc. paid $8,000,000 as consideration for an aggregate of 1,085,264 Class B Ordinary Shares.
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Securities Purchase Agreement financial
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