- **Skyline Builders Group Holding Limited (SKBL)** announced a private placement priced to generate approximately **$23,885,000** in aggregate gross proceeds.  **[2031009_0001213900-25-103289_ea026246001ex99-1_skyline.htm:0]** **[2031009_0001213900-25-103289_ea0262460-6k_skyline.htm:1]** 
- The offering includes the sale of **17,370,909** Class A ordinary shares (and/or prefunded warrants) and an equal number of Class A Ordinary Share Purchase Warrants.  **[2031009_0001213900-25-103289_ea026246001ex99-1_skyline.htm:0]** **[2031009_0001213900-25-103289_ea0262460-6k_skyline.htm:1]** 
- The purchase price for a combination of one Class A Ordinary Share and one Ordinary Warrant is **$1.375**.  **[2031009_0001213900-25-103289_ea026246001ex99-1_skyline.htm:0]** **[2031009_0001213900-25-103289_ea0262460-6k_skyline.htm:1]** 
- The company intends to use the net proceeds from the sale of these securities for **general working capital** and other general corporate purposes.  **[2031009_0001213900-25-103289_ea026246001ex99-1_skyline.htm:0]** **[2031009_0001213900-25-103289_ea0262460-6k_skyline.htm:1]** 
- The private placement is expected to close on or about **October 30, 2025**.  **[2031009_0001213900-25-103289_ea026246001ex99-1_skyline.htm:0]** **[2031009_0001213900-25-103289_ea0262460-6k_skyline.htm:1]**

Skyline Builders Group Holding Ltd. Announces $23.9 Million Private Placement

- Skyline Builders Group Holding Ltd. **closed a private placement** on **August 29, 2025**, generating **$17.775 million** in gross proceeds.  **[2031009_0001213900-25-083037_ea025546601ex99-2_skyline.htm:0]** **[2031009_0001213900-25-083037_ea0255466-6k_skyline.htm:1]** 
- The placement included the sale of **1,359,314 Class A ordinary shares**, **22,990,000 prefunded warrants**, and Class A Ordinary Share Purchase Warrants A and B.  **[2031009_0001213900-25-083037_ea025546601ex99-2_skyline.htm:0]** **[2031009_0001213900-25-083037_ea0255466-6k_skyline.htm:1]** 
- Approximately **$7,000,000** of the proceeds were used to **retire 18,500,000 Class A Ordinary Shares** owned by a company beneficially owned by the CEO, with the remaining funds designated for general working capital and corporate purposes.  **[2031009_0001213900-25-083037_ea025546601ex99-2_skyline.htm:0]** **[2031009_0001213900-25-083037_ea0255466-6k_skyline.htm:1]** 
- Following the offering and related transactions, **Quantum Leap Energy LLC became the controlling shareholder** of the company.  **[2031009_0001213900-25-083037_ea0255466-6k_skyline.htm:1]**

Skyline Builders Group Holding Ltd. Closes $17.775 Million Private Placement

- Skyline Builders Group Holding Limited (SKBL) entered into a definitive securities purchase agreement on **August 27, 2025**, for a brokered private placement, issuing **24,349,315 Class A Ordinary Shares** (or Pre-funded Warrants) at **$0.73 per share**, along with Ordinary A and B Warrants, for aggregate gross proceeds of approximately **$17,775,000**.  **[2031009_0001213900-25-080940_ea0254688-6k_skyline.htm:0]** **[2031009_0001213900-25-080940_ea025468801ex99-1_skyline.htm:1]** 
- Approximately **$7,000,000** of the proceeds will be used to retire **18,500,000 Class A Ordinary Shares** owned by Supreme Development (BVI) Holdings Limited, a company beneficially owned by CEO Ngo Chiu Lam, with the remaining proceeds allocated for general working capital and corporate purposes.  **[2031009_0001213900-25-080940_ea0254688-6k_skyline.htm:0]** **[2031009_0001213900-25-080940_ea025468801ex99-1_skyline.htm:1]** 
- Following the private placement and share retirement, Quantum Leap Energy LLC (QLE) will acquire **1,995,000 Class B Ordinary Shares** from Supreme Development, resulting in QLE holding **78.11%** of the aggregate voting power and gaining control over SKBL.  **[2031009_0001213900-25-080940_ea0254688-6k_skyline.htm:0]**

Skyline Builders Group Holding Ltd. Announces Private Placement and Change of Control

- Skyline Builders Group Holding Limited's Board of Directors approved a proposal for a **Share Consolidation** on **August 24, 2025**.  **[2031009_0001213900-25-080121_ea0254409-6k_skyline.htm:0]** **[2031009_0001213900-25-080121_ea025440901ex99-1_skyline.htm:0]** 
- The proposal involves consolidating shares at a ratio of **ten (10) ordinary shares into one (1)**, or a lesser whole number as determined by the Board, but not fewer than two (2) shares into one (1).  **[2031009_0001213900-25-080121_ea0254409-6k_skyline.htm:0]** **[2031009_0001213900-25-080121_ea025440901ex99-1_skyline.htm:0]** 
- This proposal will be presented for **shareholder approval** at an upcoming extraordinary general meeting.  **[2031009_0001213900-25-080121_ea0254409-6k_skyline.htm:0]** **[2031009_0001213900-25-080121_ea025440901ex99-1_skyline.htm:0]** 
- If approved, the Share Consolidation will be implemented within **one year of shareholder approval**, and any resulting fractional shares will be **rounded up** to the nearest whole share.  **[2031009_0001213900-25-080121_ea025440901ex99-1_skyline.htm:0]**

Skyline Builders Group Holding (SKBL)