SKK Holdings Closes $258.8 Million Rantizo Drone Asset Purchase
SKK Holdings said it paid mainly in new Class A shares and will change its name to Rantizo. Shares are expected to begin trading on Nasdaq as RNTZ on Oct. 13, 2026.
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SKK Holdings completes $258.8 million acquisition and changes name to Rantizo
SKK Holdings says it completed the acquisition of drone assets from Rantizo, Inc., establishing a publicly traded drone platform for commercial applications.
SKK Holdings to Change Name to Rantizo
SKK Holdings changes name to Rantizo ahead of Nasdaq trading under RNTZ
SKK Holdings will rebrand as Rantizo following its $258.8 million acquisition of Rantizo’s commercial drone assets. Nasdaq listing is expected to shift to ticker RNTZ on Oct. 13, 2026. Deal consideration included 51,966,591 newly issued Class A ordinary shares, leaving Rantizo with about 87% of Class A shares. Disclaim