SKK Holdings Announces The Closing Of Its Asset Purchase Agreement With Rantizo; Transaction Is Valued At ~ $258.8M; Co. To Change Its Name To "Rantizo," And Its Class A Ordinary Shares Are Expected To Begin Trading On The Nasdaq Under The New Ticker Symbol "RNTZ" On October 13, 2026
SKK Holdings Limited (NASDAQ:SKK) ("SKK Holdings" or the "Company") today announced the closing of its asset purchase agreement, dated May 1, 2026 (the "Asset Purchase Agreement"), with Rantizo,
SKK Holdings bought Rantizo's business for about $259 million and is changing its name to Rantizo. When a company buys a big business and changes its name, watch to see if the new company grows its sales and keeps its promises.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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