SKK Holdings raises $3.43M in registered direct offering

What's the deal? SKK Holdings LimitedDealroom has a profile for this one. Try Dealroom → (Nasdaq: SKK), a Singapore-based civil engineering services company, has completed a $3.43 million registered direct offering. It sold 770,000 Class A ordinary shares to institutional investors at $4.46 per share.

Who's involved? McCarter & English LLPDealroom has a profile for this one. Try Dealroom → represented SKK in the deal, with a team led by partners Huan Lou and David Manno, alongside associates Victor Yan and Ellie Lai.

The signal: Registered direct offerings let listed companies raise capital quickly from institutional buyers without a broader public marketing effort. For a recently listed firm like SKK, it is a fast route to fresh funding.

Read more: mccarter.com

Image credit: Sean MacEntee