SKK Holdings Limited has called an Extraordinary General Meeting on June 22, 2026 to seek shareholder approval for a major asset purchase from Rantizo, Inc. SKK will acquire substantially all of Rantizo’s drone-based technology assets for $759,047 in cash plus newly issued Class A ordinary shares valued at about $258.8 million, alongside additional Class A shares worth $12 million for management and $10 million tied to escrow funding.
The company is also asking shareholders to approve changing its name to “Rantizo,” increasing authorized share capital from $500,000 to $5,000,000 (including 1.9 billion Class A shares), adopting a Third Amended and Restated Memorandum and Articles with Rantizo board nomination rights, and authorizing issuance of more than 19.99% of outstanding Class A shares. As of the May 18, 2026 record date, SKK had 1,363,415 Class A and 1,085,264 Class B shares outstanding, and a major Class B holder, Xiaoyan Liao, controls about 71.20% of combined voting power and has indicated she will vote in favor, making approval highly likely.
SKK Holdings Limited entered into a Sales Agreement with A.G.P./Alliance Global Partners to establish an at-the-market equity offering program for its Class A Ordinary Shares. Shares will be sold from time to time through the sales agent under SKK’s effective Form F-3 shelf registration.
The company is not obligated to sell any shares and will instruct the sales agent on price, timing, and size of sales. SKK will pay a 3.0% commission on gross proceeds and plans to use any net proceeds for working capital and general corporate purposes.
SKK Holdings Limited files a prospectus supplement to sell up to $5,540,009 of Class A ordinary shares in an at-the-market offering pursuant to a Sales Agreement with A.G.P./Alliance Global Partners. The supplement states up to 2,997,635 shares could be outstanding after the offering assuming a sales price of $3.39 per share and references current outstanding Class A shares of 1,363,415.
The supplement also discloses a proposed Asset Purchase Agreement to acquire substantially all of Rantizo, Inc.’s drone-based technology assets for $759,047 in cash plus approximately $258.8 million of newly issued Class A ordinary shares (consideration based on VWAP prior to closing). The Asset Purchase is subject to shareholder approval, Nasdaq compliance and customary closing conditions and would include director nominations and registration rights for the Consideration Shares.
SKK Holdings Limited filed Amendment No. 1 to its Form F-3 registration statement as an exhibits-only filing. The amendment furnishes exhibits including an amended Memorandum and Articles of Association, warrant/unit/indenture forms (to be filed if applicable), legal opinions and audited financial statements for the financial years ended December 31, 2025, 2024 and 2023. The prospectus may be used for sales "from time to time" after effectiveness.
SKK Holdings Ltd reported initial insider holdings for its Chief Executive Officer, Sze Koon Kiat, through a Form 3 filing. The filing does not list any recent stock purchases, sales, or option exercises by the CEO, and instead serves as a baseline disclosure of insider status and ownership reporting.
SKK Holdings Ltd director and COO Ng Chun Seong filed an initial Form 3 reporting his equity stake in the company. He directly holds 2,335,163 Class B Ordinary Shares as of March 18, 2026. The filing records ownership only, with no reported buy or sell transaction.
SKK Holdings Ltd filed an initial Form 3 for insider Koay Phaik Shya, who serves as the company’s Financial Controller. This filing establishes her status as a reporting person for future disclosures of beneficial ownership and insider transactions. No transactions are reported in this Form 3.
SKK Holdings Ltd director Cheong Chung Keong has filed an initial Form 3, which is a required statement of beneficial ownership when someone becomes an insider. This filing does not show any reportable share transactions or derivative positions and lists no current holdings entries for the reporting person.
SKK Holdings Limited filed a Form F-3 shelf registration to offer up to $250,000,000 of various securities. The prospectus discloses an Asset Purchase Agreement to acquire substantially all of Rantizo, Inc.’s drone-based technology assets for $759,047 in cash and approximately $258.8 million in newly issued Class A ordinary shares (the "Consideration Shares"). Closing of the Asset Purchase is conditioned on shareholder approval, compliance with Nasdaq rules and required regulatory clearances. The company reported a public float of approximately $2.4 million based on 1,363,415 Class A shares held by non-affiliates at a closing price of $1.7501 per share. The registration statement is a shelf filing; specific terms of any offering will be provided in future prospectus supplements.