Exhibit 99.1

UNAUDITED PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET

* Assumes a 3-day VWAP of $4.39 as of September 14, 2026

^# Share consolidation on April 6, 2026

See accompanying notes to unaudited pro forma condensed consolidated financial statements.

UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS

See accompanying notes to unaudited pro forma condensed consolidated financial statements.

NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATION

1. Description of the Asset Purchase

On May 5, 2026, SKK Holdings Limited (the “Company” or “SKK”) entered into an Asset Purchase Agreement (the “APA”) with Rantizo, Inc. (“Rantizo”), a Delaware corporation, under which the Company will acquire (the “Asset Purchase”) substantially all of Rantizo’s drone-based technology assets used in agricultural spraying, seeding and monitoring for agriculture, forestry, emergency response and other commercial applications (the “Target Assets”). Shareholder approval of the Asset Purchase and related transactions, including changing the name of the Company to “Rantizo” effective after the closing of the Asset Purchase (the “Closing”), which approval was obtained at an extraordinary general meeting of the Company that was held on June 22, 2026, as was previously reported on a Form 6-K submitted to the SEC on June 24, 2026. Under the APA, the Company will pay to Rantizo a purchase price consisting of $759,047 in cash and approximately $258.8 million of newly issued Class A ordinary shares (the “Consideration Shares”), the number of which will be based on the volume weighted average price (“VWAP”) of the Class A ordinary shares on each of the three (3) trading days prior to the Closing. The Target Assets are being acquired at an approximately $258.8 million valuation. The Company received an independent third-party valuation of the Target Assets from Newbridge Securities Corporation, and such third-party valuation was part of the Company’s internal process in valuing the Target Assets. The Company has agreed to register for resale the Consideration Shares pursuant to a registration rights agreement.

The Company also agreed to grant at Closing to certain individuals in management a total number of Class A ordinary shares having an aggregate grant-date value of $12,000,000 based on the VWAP on each of the three (3) trading days prior to Closing. Additionally, at or prior to Closing, Rantizo agreed to consummate a $10,000,000 private placement of its common shares and to deposit such proceeds in escrow until Closing. At Closing, in consideration of payment to it of the $10,000,000 from escrow, the Company agreed to issue to Rantizo an additional number of its Class A ordinary shares based on the VWAP on each of the three (3) trading days prior to Closing.

While SKK will be the legal acquirer, the acquisition will be accounted using the acquisition method of accounting in accordance with Accounting Standards Codification (“ASC”) Topic 805, “Business Combinations” (“ASC 805”). The following unaudited pro forma condensed consolidated financial information gives effect to the Asset Purchase and related transactions.

2. Basis of Presentation and Principles of Consolidation

The accompanying consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). The accompanying consolidated financial statements include the financial statements of the Company and its subsidiaries. All inter-company balances and transactions are eliminated upon consolidation. The historical financial information has been adjusted in the accompanying unaudited pro forma condensed consolidated financial information to give effect to unaudited pro forma events that are:

The unaudited pro forma condensed consolidated financial information was prepared using the acquisition method of accounting in accordance with ASC 805, which requires, among other things, that assets acquired, and liabilities assumed in a business combination be recognized at their fair values as of the acquisition date. The acquisition method of accounting uses the fair value concepts defined in ASC Topic 820, “Fair Value Measurement” (“ASC 820”). Fair value is defined in ASC 820 as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Market participants are assumed to be buyers or sellers in the most advantageous market for the asset or liability. Fair value measurement for an asset assumes the highest and best use by these market participants.

Fair value measurements can be highly subjective, and it is possible the application of reasonable judgment could develop different assumptions resulting in a range of alternative estimates using the same facts and circumstances.

The allocation of the aggregate acquisition consideration used in the preliminary unaudited pro forma condensed consolidated financial information is based on preliminary estimates. The estimates and assumptions are subject to change as of the effective time of the acquisition. The final determination of the allocation of the aggregate acquisition consideration will be based on the actual tangible and intangible assets and the liabilities of SKK at the effective time of the acquisition.

For pro forma purposes, the valuation of consideration transferred is based on, among other things, the number of SKK ordinary shares outstanding and price per share as of January 1, 2025, i.e., the price per share as of the effective date of the acquisition. The consideration transferred is based on the number of SKK ordinary shares outstanding on December 31, 2025, which could materially change from the assumptions included in this pro forma financial information.

The unaudited pro forma condensed consolidated balance sheet data gives effect to the Asset Purchase and related transactions as if they had occurred on January 1, 2025, which is expected to be consummated and effective in the third quarter of 2026.

Pursuant to the acquisition, SKK will be the legal acquirer, and the acquisition will be accounted for using the acquisition method of accounting in accordance with ASC 805.

The unaudited pro forma condensed consolidated financial information has been presented for informational purposes only and is not necessarily indicative of what the financial position or results of operations would have been had the acquisition been completed as of the dates indicated. In addition, the unaudited pro forma condensed consolidated financial information does not purport to project the future financial position or operating results of the company. The historical consolidated financial information has been adjusted in the accompanying unaudited pro forma condensed consolidated financial information to give effect to unaudited pro forma events that are directly attributable to the acquisition, factually supportable and, with respect to the unaudited pro forma condensed consolidated statement of operations, expected to have a continuing impact on the results of operations of the company.

The unaudited pro forma condensed consolidated financial information has been prepared using the acquisition method of accounting under existing U.S. GAAP in accordance with Topic 805, which are subject to change. The application of acquisition accounting of SKK is dependent upon (i) the working capital positions at the closing of the acquisition and (ii) other factors such as the share price of SKK. The company will finalize the purchase price allocation as soon as practicable within the measurement period, but in no event later than one year following the closing date of the acquisition. The assets and liabilities of SKK and other pro forma adjustments have been measured based on various preliminary estimates using assumptions that believe are reasonable, based on information that is currently available. Accordingly, the pro forma adjustments are preliminary. Differences between these preliminary estimates and the final acquisition accounting could be significant, and these differences could have a material impact on the accompanying unaudited pro forma condensed consolidated financial information and future results of operation and financial position.

This unaudited pro forma condensed consolidated financial information was derived from and should be read in conjunction with the accompanying notes, as well as the following historical financial statements and the related notes of SKK as discussed below.

The unaudited pro forma condensed consolidated balance sheet as of December 31, 2025, gives pro forma effect to the acquisition as if the acquisition occurred on January 1, 2025 and the consolidated balance sheet information included in the unaudited pro forma condensed consolidated balance sheet as of December 31, 2025, was derived from SKK’s audited December 31, 2025 consolidated balance sheet as set forth in its Annual Report on Form 20-F for the financial year ended December 31, 2025, as filed with the SEC on April 10, 2026.

The unaudited pro forma condensed consolidated statement of operations for the financial year ended December 31, 2025, gives pro forma effect to the acquisition as if the transaction was consummated on January 1, 2025. The information included in the unaudited pro forma condensed consolidated statement of operations for the financial year ended December 31, 2025, includes the condensed consolidated statement of operations of SKK for the financial year ended December 31, 2025, which was derived from its audited consolidated statements of operations as set forth in its Annual Report on Form 20-F for the financial year ended December 31, 2025, as filed with the SEC on April 10, 2026.

SKK management has prepared the unaudited pro forma condensed consolidated financial information for illustrative purposes only. The unaudited pro forma condensed consolidated financial statements are not intended to represent or be indicative of the financial position or results of operations in future periods or the results that actually would have been realized had been a company during the financial year.

The unaudited pro forma condensed consolidated financial information is presented solely for informational purposes and is not necessarily indicative of the consolidated results of operations or financial position that might have been achieved for the periods or dates indicated, nor is it necessarily indicative of the future results of the company. The unaudited pro forma condensed consolidated financial information does not reflect possible adjustments related to integration activities that have yet to be determined or transaction or other costs following the combination that are not expected to have a continuing impact on the business of the company.

3. Purchase price allocation

Fair Value of Assets

The assets purchased will be accounted for as recapitalization of SKK under ASC 805, and the consideration transferred consists of the outstanding shares of ordinary share of SKK immediately prior to the Closing as noted below.

The fair value per share of SKK’s ordinary share was assumed for pro forma purposes to be based on a 3-day VWAP of $4.39 as of September 14, 2026.

Purchase Price Allocation

The following is an estimate of the allocation of the purchase price to acquired identifiable assets which includes estimated acquisition method of accounting adjustments to reflect the fair value of intangible assets acquired at the time of the acquisition:

The preliminary allocation of the purchase price to net assets is summarized below:

The acquired identified intangible assets are expected to be comprised of the following:

The final determination of fair value of intangible assets, as well as estimated useful lives, remains subject to change. No amortization or impairment of goodwill and intangible assets were considered in the unaudited pro forma condensed consolidated financial information.

5. Unaudited Pro Forma Condensed Consolidated Adjustments

The following provides explanations of the various adjustments to the unaudited pro forma condensed consolidated financial information:

Pro Forma Consolidated Balance Sheet Adjustments

Pro Forma Consolidated Statement of Operations Adjustments