SKK Holdings Signs Definitive Asset Purchase Agreement with Rantizo, Inc. to Acquire Drone Assets in Approximately $258.8 Million Asset Acquisition, Establishing Publicly-Traded Operator of Drone-Based Platforms for Commercial Applications
SKK Holdings has entered into a definitive asset purchase agreement to acquire substantially all of Rantizo, Inc.'s drone assets used for agricultural spraying, seeding, monitoring, forestry emergency response, and commercial applications. The transaction values the assets at approximately $258.8 million and will be paid through newly issued SKK Cl…