Research analysts covering SKK Holdings.
Recent press releases and 8-K filings for SKK.
SKK Holdings Shareholders Approve Share Reclassification and Consolidation
SKK
Proxy Vote Outcomes
Board Change
Auditor Change
- SKK Holdings Limited held its Annual General Meeting on December 17, 2025, where shareholders voted on several key resolutions.
- Shareholders re-elected Liao Xiaoyan and Chin Hoong Chan as directors and ratified WWC, P.C. as the independent auditor for the financial year ending December 31, 2025.
- A Special Resolution 3 was passed to redesignate and reclassify the company's share capital into a multi-class structure, introducing Class A ordinary shares (1 vote per share) and Class B ordinary shares (100 votes per share).
- An Ordinary Resolution 4 was passed approving a share consolidation (reverse stock split) at a ratio of not less than one-for-two and not more than one-for-fifty, with the exact ratio to be determined by the Board within 180 days.
Dec 23, 2025, 2:54 AM
SKK Holdings to Hold Annual General Meeting on December 17, 2025, Proposing Share Consolidation and Reclassification
SKK
Delisting/Listing Issues
Board Change
Auditor Change
- SKK Holdings Limited will convene its Annual General Meeting on December 17, 2025, to address several key proposals.
- The company is proposing a share consolidation (reverse stock split) with a ratio between 1-for-2 and 1-for-50 to meet Nasdaq's minimum bid price requirement of US$1.00 per share. SKK received a non-compliance notification from Nasdaq on April 14, 2025, with a compliance period extending until October 13, 2025.
- A significant proposal involves the redesignation and reclassification of share capital to establish a multi-class share structure, converting existing ordinary shares into Class A ordinary shares (1 vote per share) and Class B ordinary shares (100 votes per share).
- Other proposals include the re-election of directors Xiaoyan Liao and Chin Hoong Chan and the appointment of WWC, P.C. as the independent auditor for the financial year ending December 31, 2025.
Nov 25, 2025, 7:00 PM
SKK Holdings Appoints Chaince Securities for Tokenization Strategy
SKK
New Projects/Investments
- SKK Holdings Limited appointed Chaince Securities LLC as its strategic advisor on October 29, 2025.
- Chaince Securities will develop and execute a comprehensive tokenization and digital asset treasury strategy for SKK.
- This collaboration aims to leverage blockchain infrastructure to modernize SKK's balance sheet, improve liquidity management, and explore asset tokenization as a core strategic pillar.
- SKK's CEO, Mr. Koon Kiat Sze, stated that this strategy is expected to accelerate growth and bring more value to shareholders.
Oct 31, 2025, 10:05 AM
SKK Holdings Limited Receives Nasdaq Extension for Minimum Bid Price Compliance
SKK
Delisting/Listing Issues
- SKK Holdings Limited was notified on April 14, 2025, by Nasdaq for not meeting the $1 per share minimum bid price requirement.
- The company did not regain compliance by the initial 180-day deadline of October 13, 2025.
- Nasdaq granted an additional 180-day extension until April 13, 2026, for SKK to regain compliance with the minimum bid price rule.
- SKK is evaluating options to cure the deficiency, including a potential reverse stock split, if necessary.
Oct 17, 2025, 8:30 PM
SKK Holdings Reports H1 2025 Financials and Nasdaq Delisting Notice
SKK
Earnings
Delisting/Listing Issues
Revenue Acceleration/Inflection
- SKK Holdings Limited reported a 55% increase in revenue to $6.2 million for the six months ended June 30, 2025, up from $4.0 million in the prior year, and reduced its net loss to $0.2 million from $0.5 million.
- The company received a Nasdaq delisting notice on April 14, 2025, for failing to maintain a minimum bid price of $1 per share, with its 180-calendar day compliance period ending on October 13, 2025.
- Cash flow from operating activities was negative $0.5 million for the six months ended June 30, 2025, compared to positive $24 thousand in the same period of 2024.
- SKK Holdings completed its initial public offering (IPO) on October 8, 2024, raising $7.0 million in gross proceeds by issuing 1,750,000 Ordinary Shares at $4.00 per share.
Oct 14, 2025, 10:16 AM
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