• SKK Holdings entered definitive asset purchase agreement to acquire substantially all drone assets of Rantizo in exchange for newly issued Class A ordinary shares, valuing acquired assets at USD 258.8 million.
• Rantizo is also set to buy Class B ordinary shares from certain existing shareholders for USD 8 million, giving it an immediate equity position.
• Deal terms imply Rantizo will hold substantial majority of SKK Holdings Class A ordinary shares following closing.
• Structure includes expected USD 10 million investment into Rantizo by certain investors, with proceeds to be released to SKK Holdings at closing in return for additional Class A ordinary shares priced off pre-close VWAP.
• Combined business is expected to focus on drone-based platforms for agricultural spraying, seeding, monitoring, forestry emergency response, and other commercial applications.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SKK Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-021165), on May 05, 2026, and is solely responsible for the information contained therein.