Skyline Builders Group Holding Ltd. Announces Closing of $17.775 Million Private Placement
1. SKBL closed a private placement raising $17.8 million on August 29. 2. Funds will retire 18.5 million shares and support working capital. 3. Prefunded warrants and ordinary shares issued as part of the offering. 4. Registration statement for resale of shares will be filed with SEC. 5. Company focuses on civil engineering projects in Hong Kong.