TroyGould Represents SKK Holdings Limited in $258.8 Million Acquisition of Drone Assets from Rantizo, Inc.

October 16, 2026

TroyGould PC is pleased to announce that it represented its client, SKK Holdings Limited (Nasdaq: SKK), in connection with its acquisition of substantially all of the drone assets of Rantizo, Inc., a Houston-based drone technology company. The transaction, which closed on October 9, 2026, was valued at approximately $258.8 million and, together with related pre-closing financings, involved approximately $300 million.

The acquisition includes drone assets used for precision spraying, seeding, and monitoring across agriculture, forestry, emergency response, and other commercial applications. In connection with the transaction, SKK Holdings announced its name change to Rantizo, with its Class A ordinary shares expected to begin trading on the Nasdaq Capital Market under the ticker symbol “RNTZ” on October 13, 2026.

The transaction constituted a change of control requiring Nasdaq approval, a complex process that took several months to complete.

The TroyGould transaction team included David Ficksman, Joilene Wood, and Michael Tiab. Joilene Wood played a central role in obtaining Nasdaq approval and coordinating the successful closing, with assistance from Michael Tiab.

TroyGould previously represented SKK Holdings Limited, a Singapore-based company, in its successful initial public offering on Nasdaq in 2024. The firm is proud to continue its longstanding relationship with SKK Holdings and to have assisted in this significant transaction.

About TroyGould PC

TroyGould is a full-service business law firm providing strategic legal counsel to entrepreneurs, emerging companies, middle-market businesses, and Fortune 500 companies. The firm’s attorneys advise clients on complex corporate transactions, mergers and acquisitions, securities offerings, and regulatory matters across a broad range of industries.