Royal Treasure Securities is pleased to announce its successful role as a selling group member in the initial public offering (IPO) of Skycorp Solar Group Limited (PN). The offer comprised 2,000,000 units of the Company, priced at $4.00 per unit.
Skycorp Solar Group Limited (PN) is a solar PV product provider principally engaged in the manufacture and sale of solar cables and solar connectors. They also actively cultivate partnerships with multiple IC chip manufacturers and offer customers new and used GPU and HPC servers.
Their mission is to become a green energy solutions provider to power data centers by using solar power and to make the planet greener by delivering environment-friendly solar PV products. Leveraging their business relationships with HPC server customers, expertise and experience in the solar PV products and services market, and experience in developing solar power technologies, as well as business relationships with HPC server customers, they aim to expand their solar PV product offerings and solar power system server solutions to enterprise customers of HPC servers.
Skycorp Solar Group Limited began trading on the Nasdaq under the ticker symbol “PN” on February 25, 2025. Cathay Securities, Inc served as the sole book-running manager for the offering.