Skyline Builders Group Raises $17.175M in Private Placement of Convertible Notes and Preferred Shares

Skyline Builders Group Holding Limited has priced a private placement of convertible notes and preferred shares, raising approximately $17.175m before deducting fees and expenses. The notes and preferred shares are convertible into class A ordinary shares with a conversion price of $2.40 per share. The private placement is expected to close on March 24, 2026, subject to customary closing conditions.