IPO - Skyline Builders Group Holding Ltd

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Form Type: CORRESP

Filing Date: 2025-02-28

Corporate Action: Ipo

Type: New

Accession Number: 000121390025018312

Filing Summary: Skyline Builders Group Holding Limited has filed a request for acceleration of effectiveness for its Registration Statement on Form F-1, which is intended to become effective by March 4, 2025. This request is made in accordance with Rule 461 under the Securities Act of 1933. The company acknowledges that the declaration of effectiveness by the SEC does not limit their responsibility for the accuracy of disclosures, nor can they use the SEC's actions as a defense in any legal proceedings related to federal securities laws. Additionally, any changes to the acceleration request will be communicated promptly, which may involve oral requests by executives or legal counsel.

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Additional details:

Registration Statement File Number: 333-285283


Effective Date Request Time: 5:00 p.m.


U S Counsel Firm: Loeb & Loeb LLP


Ceo Name: Ngo Chiu Lam


Ceo Title: Chief Executive Officer


Form Type: F-1

Filing Date: 2025-02-26

Corporate Action: Ipo

Type: New

Accession Number: 000121390025017446

Filing Summary: Skyline Builders Group Holding Limited is filing a registration statement with the SEC for the resale of up to 7,686,450 Class A Ordinary Shares by selling shareholders. The offering does not involve the company selling any shares; all proceeds will go to the selling shareholders who acquired these shares from Supreme Development (BVI) Holdings Limited prior to the company's IPO in January 2025. The company is structured with dual-class shares, consisting of Class A shares which are entitled to one vote each and Class B shares which are entitled to twenty votes each. Mr. Ngo Chiu Lam, CEO, will retain approximately 66.66% of the Class A shares and holds significant voting power. The company is classified as an 'emerging growth company' and a 'foreign private issuer', allowing for reduced disclosure requirements. The risks associated with the Chinese regulatory environment are also discussed, including the potential for increased oversight affecting operations and securities offerings.

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Additional details:

Class A Shares Outstanding: 28230000


Class B Shares Outstanding: 1995000


Class A Share Price: 9.24


CEO Ownership Percentage: 66.66


Voting Power Percentage: 86.19


Form Type: DRS

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000121390025014342

Filing Summary: On February 14, 2025, Skyline Builders Group Holding Ltd filed a draft registration statement regarding a proposed initial public offering (IPO) of its Class A Ordinary Shares, totaling 7,686,450 shares, as part of a confidential submission to the U.S. Securities and Exchange Commission. This preliminary prospectus outlines that the selling shareholders may resell these shares, but Skyline Builders will not directly sell any securities or receive proceeds from these sales. The shares being offered were acquired by the selling shareholders from a principal shareholder prior to the company's IPO in January 2025. The filing highlights the risks associated with investing in the company and its operations, particularly in relation to ongoing uncertainties regarding regulatory oversight and the potential implications of Chinese government actions on its business operations in Hong Kong. The company does not currently operate in mainland China and believes it can survive without facing regulatory scrutiny from Chinese authorities. Furthermore, it is indicated that the Class A Ordinary Shares are traded under the symbol 'SKBL' on The Nasdaq Capital Market.

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Additional details:

Approximate Date Of Commencement Of Sale: As soon as practicable after this Registration Statement becomes effective


Number Of Class A Shares: 7,686,450


Ownership Structure: dual class ordinary share structure


Class A Voting Rights: 1 vote per share


Class B Voting Rights: 20 votes per share


Issuer Name: Skyline Builders Group Holding Limited


Ordinary Share Structure: Class A and Class B


Initial Public Offering Date: January 2025


Form Type: 424B4

Filing Date: 2025-01-24

Corporate Action: Ipo

Type: New

Accession Number: 000121390025006549

Filing Summary: Skyline Builders Group Holding Limited is conducting an initial public offering (IPO) of 1,500,000 Class A Ordinary Shares at a price of $4.00 per share, targeting a total raise of $6,000,000. The shares are to be listed on the Nasdaq Capital Market under the symbol 'SKBL'. Mr. Ngo Chiu Lam will hold approximately 67.20% of the outstanding Class A Ordinary Shares post-offering, making the company a 'controlled company' per Nasdaq regulations. The company has implemented a dual class share structure consisting of Class A and Class B Ordinary Shares, with differing voting rights. No public market existed prior to this offering, and the company highlights risks associated with regulations in mainland China, which could impact its operations and shares due to the Chinese government's significant oversight. The prospectus outlines that the company is an 'emerging growth company' subject to reduced ongoing disclosure requirements and lists various risk factors related to its operations in Hong Kong and potential regulatory hurdles from the PRC.

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Additional details:

Class A Shares Offered: 1500000


Class A Initial Price: 4


Total Proceeds: 6000000


Underwriting Discount: 0.3


Underwriting Discount Total: 450000


Net Proceeds: 5550000


Total Cash Expenses: 848327


Date Of Prospectus: 2025-01-23


Form Type: 8-A12B

Filing Date: 2024-12-31

Corporate Action: Ipo

Type: New

Accession Number: 000121390024113639

Filing Summary: Skyline Builders Group Holding Limited has filed this Form 8-A for the registration of its Class A Ordinary Shares under Section 12(b) of the Securities Exchange Act of 1934, which will be traded on The Nasdaq Stock Market LLC. The filing indicates that this registration is part of the company's initial public offering, as it references a previously filed registration statement (File No. 333-282720) dated October 18, 2024. The document provides a description of the share capital and is intended for the effective listing of the company's securities, confirming its compliance with the requirements of the Exchange Act. The registration does not include any other classes of securities nor any exhibits at this time. The filing has been duly signed by Ngo Chiu Lam, the Chief Executive Officer, on the date of December 31, 2024.

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Additional details:

Title Of Each Class: Class A Ordinary Shares


Name Of Each Exchange: The Nasdaq Stock Market LLC


Securities Act Registration Statement: 333-282720


Form Type: CORRESP

Filing Date: 2024-12-27

Corporate Action: Ipo

Type: New

Accession Number: 000121390024113031

Filing Summary: Skyline Builders Group Holding Limited has submitted a request for acceleration of effectiveness for its Registration Statement on Form F-1 filed on December 18, 2024. The request, communicated through Dominari Securities LLC, aims for the effectiveness to be set for December 31, 2024, at 4:30 PM Eastern Time. This initiative is part of the preparations for the upcoming initial public offering (IPO). Dominari Securities LLC represents the underwriters and mentions compliance with relevant rules for effective distribution of the securities.

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Additional details:

Registration Statement Number: 333-282720


Request Type: acceleration of effectiveness


Effective Date Request: 2024-12-31T16:30:00-05:00


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