Skyline Builders Group Holding Limited (NASDAQ: SKBL), a Hong Kong-based civil engineering firm, announced that its initial public offering’s underwriter fully exercised the over-allotment option on February 10, 2025. This involved purchasing an additional 225,000 Class A Ordinary Shares at $4.00 per share, generating $900,000 in additional gross proceeds. With the over-allotment option fully exercised, the offering totaled 1,725,000 Class A Ordinary Shares, resulting in gross proceeds of $6,900,000 before underwriting discounts and commissions. These funds will be used to expand the company’s workforce, strengthen its market position, acquire new machinery, enhance its brand, and support working capital and general corporate needs.

Trading of Class A Ordinary Shares began on the Nasdaq Capital Market on January 23, 2025, under the symbol “SKBL.”

Dominari Securities LLC served as the lead underwriter, with Revere Securities LLC as co-underwriter. Loeb & Loeb LLP provided legal counsel to Skyline Builders, and Sichenzia Ross Ference Carmel LLP represented the underwriters. The offering, conducted on a firm commitment basis, was registered with the SEC (File Number: 333-282720), with the registration statement declared effective on December 31, 2024. Prospectuses are available from Dominari Securities LLC, 725 Fifth Avenue, 23rd Floor, New York, NY 10022, and on the SEC website.

This press release does not constitute an offer to sell or a solicitation of an offer to buy securities, and no sales will occur where prohibited by law.

Potential investors should review the prospectus and SEC filings for complete information. This press release is not an offer to sell or solicitation to buy securities and is not valid where prohibited by law.

About Skyline Builders Group Holding Limited

Skyline Builders Group Holding Limited is an approved public works contractor in Hong Kong, specializing in roads and drainage projects. Its work includes public and private sector projects, primarily as a subcontractor but also capable of acting as the main contractor.

Forward-Looking Statements

This announcement contains forward-looking statements, including those regarding the offering. These statements involve known and unknown risks and uncertainties. Actual results may differ materially. Investors should refer to the company’s registration statement and SEC filings for more information.

For more information, please contact:

Skyline Builders Group Holding Limited
Investor Relations Department
Email: