SKK Holdings Completes $258.8 Million Acquisition of Drone Assets from Rantizo, Inc., Establishing a Publicly Traded Drone Platform for Commercial Applications, and Changes Name to Rantizo

SKK Holdings has completed its $258.8 million acquisition of Rantizo's drone assets and rebranded to Rantizo. The combined company will trade on Nasdaq under ticker 'RNTZ' starting October 13, 2026. Rantizo owns approximately 87% of the newly combined entity, which will operate a drone technology platform serving agriculture, forestry, emergency response, and commercial markets.