SKK Holdings publishes pro forma financial statements for Rantizo asset purchase deal
Bitget2026/09/25 19:45- SKK Holdings released unaudited pro forma financials for its asset purchase of Rantizo’s drone-based agricultural technology business.
- Total assets shown at USD 304.79 million as of Dec. 31, 2025, driven by USD 252.67 million of goodwill, USD 6.54 million of intangibles.
- Cash and cash equivalents totaled USD 14.36 million, reflecting USD 10 million escrow-funded share issuance and other equity financings tied to the transaction.
- Total liabilities were USD 32.86 million, lifting shareholders’ equity to USD 271.92 million.
- Net loss for 2025 widened to USD 25.78 million as stock-based compensation rose to USD 17.55 million linked to equity grants.
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