SKK falls after $5.54M share sale plan weighs on drone deal talk
• SKK slipped about 1.8% to $4.03 by the Nasdaq close.• The company launched an at-the-market program to sell as much as $5.54 million of Class A ordinary shares.• Investors sizing up the dilution risk, while SKK eyes drone agriculture and emergency-response tech. SKK Holdings Limited shares traded lower Thursday afternoon, dropping around 1.8% as traders reacted to a new share-sale plan. The Singapore-based company is making a bigger move into drone assets. The stock last changed hands at $4.03 at 2:02 p.m. Eastern, down from Wednesday’s close at $4.10.