Hong Kong-based civil engineering services provider Skyline Builders Group Holding Limited (NASDAQ: SKBL) successfully closed its initial public offering (IPO) on January 24, 2025. The IPO involved 1,500,000 Class A ordinary shares priced at $4.00 per share, generating gross proceeds of $6 million before underwriting discounts and commissions. These funds will be used to expand the company’s workforce, strengthen its market position, acquire new equipment, enhance its brand image, and support working capital and general corporate operations.

Skyline Builders Group Holding Limited offered all 1,500,000 Class A Ordinary Shares. Trading commenced on the Nasdaq Capital Market on January 23, 2025, under the symbol “SKBL”. The underwriters hold an option to purchase up to an additional 225,000 Class A Ordinary Shares within 45 days of the registration statement’s effective date.

Dominari Securities LLC served as the lead underwriter, with Revere Securities LLC as co-underwriter. Loeb & Loeb LLP provided legal counsel to Skyline Builders Group Holding Limited, while Sichenzia Ross Ference Carmel LLP acted as counsel to the underwriters. The Offering, conducted on a firm commitment basis, was registered with the Securities and Exchange Commission (SEC) under File Number 333-282720, declared effective 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 is not an offer to sell or a solicitation of an offer to buy securities, and sales are prohibited where unlawful prior to registration or qualification under applicable securities laws.

Potential investors should review the prospectus and other SEC filings for complete information. This release does not constitute an offer or solicitation to buy securities and is not valid where prohibited by registration or applicable exemption requirements.

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 encompasses public and private sector projects, primarily acting as a subcontractor, but also qualified as a main contractor. Public projects often involve infrastructure development, while private projects center on residential and commercial construction.

Forward-Looking Statements

This announcement contains forward-looking statements, including those regarding the Company’s Offering, subject to risks and uncertainties. These statements are based on current expectations and projections about future events and financial trends. Forward-looking statements can be identified by words like “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” and similar expressions. The Company is not obligated to update forward-looking statements unless legally required. While the Company believes these statements are reasonable, actual results may differ materially. Investors should consider other factors affecting future results in the Company’s registration statement and SEC filings.

For more information, please contact:

Skyline Builders Group Holding Limited
Investor Relations Department
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