Mergers & Acquisitions ·
At an extraordinary general meeting on June 22, 2026, SKK Holdings Limited shareholders approved the acquisition of…
SKKRantizo
At an extraordinary general meeting on June 22, 2026, SKK Holdings Limited shareholders approved the acquisition of substantially all drone-based technology assets from Rantizo, Inc. for $759,047 in cash and Class A ordinary shares valued at approximately $258.8 million. Shareholders also approved changing the company's name to "Rantizo," increasing authorized share capital from $500,000 to $5,000,000, and adopting amended Memorandum and Articles of Association. Additionally, the company received approval to issue over 19.99% of its outstanding Class A Ordinary Shares to facilitate the acquisition. The company operates in the technology sector, focusing on drone-based applications for agriculture, forestry, and emergency response.