---
title: "Skyline Builders prices $17.2M private placement of notes, preferred shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280166831.md"
description: "Skyline Builders Group Holding (SKBL) has priced a $17.2 million brokered private placement of senior unsecured convertible notes and 250,000 class B preferred shares. Each note and preferred share can be converted into Class A ordinary shares at a conversion price of $2.40 per share."
datetime: "2026-03-23T13:01:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280166831.md)
  - [en](https://longbridge.com/en/news/280166831.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280166831.md)
generator: "portal-rs"
---

# Skyline Builders prices $17.2M private placement of notes, preferred shares

Skyline Builders Group Holding (SKBL) announced on Monday that it priced a $17.2M brokered private placement of senior unsecured convertible notes and 0.25M class B preferred shares with a par value of $0.00001 per share. Each note and preferred share is convertible into Class A ordinary shares at a conversion price of $2.40 per share, subject to a...

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**