Firy redeems $80M of 10.25% notes due 2026

Firy Inc. (formerly Skillz Inc.) reported that on August 14, 2026 it redeemed $80.0 million in aggregate principal amount of its outstanding 10.250% Secured Notes due 2026.

Rhea-AI Filing Summary

Firy Inc. (formerly Skillz Inc.) reported that on August 14, 2026 it redeemed $80.0 million in aggregate principal amount of its outstanding 10.250% Secured Notes due 2026. The Notes were redeemed at a redemption price of 100.000% of principal, plus accrued and unpaid interest, meaning the company paid their full face value in cash in addition to interest owed up to the redemption date.

After this transaction, Firy Inc. states that $49,671,000 aggregate principal amount of these Secured Notes remains outstanding as of August 14, 2026. This action reduces the outstanding balance of this high‑coupon debt while leaving a smaller portion of the 10.250% Secured Notes still in place.

Positive

• Company redeemed $80.0 million of high‑coupon 10.250% Secured Notes due 2026, reducing outstanding debt.
• Redemption was completed at 100.000% of principal plus interest, removing a portion of expensive debt obligations.

Negative

• None.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Notes Redeemed: $80.0 million Interest Rate on Notes: 10.250% Redemption Price: 100.000% of principal +1 more

4 metrics

Notes Redeemed $80.0 million Aggregate principal amount of 10.250% Secured Notes due 2026 redeemed on August 14, 2026

Interest Rate on Notes 10.250% Coupon on Secured Notes due 2026 that were partially redeemed

Redemption Price 100.000% of principal Price paid on redeemed Notes, plus accrued and unpaid interest

Notes Outstanding After Redemption $49,671,000 Aggregate principal amount of 10.250% Secured Notes due 2026 still outstanding as of August 14, 2026

Key Terms

Secured Notes, aggregate principal amount, redemption price, accrued and unpaid interest

4 terms

Secured Notes financial

"10.250% Secured Notes due 2026 (the “Notes”)"

Secured notes are loans issued as tradable bonds that are tied to specific assets—like a mortgage is tied to a house—so if the borrower can’t pay, holders have a legal claim on that collateral. For investors this usually means lower risk and higher chance of recovering money in a default, but returns tend to be smaller than for unsecured debt and the real safety depends on the value and legal strength of the pledged assets.

aggregate principal amount financial

"redeemed $80.0 million in aggregate principal amount of the Company’s outstanding"

The aggregate principal amount is the total amount of money borrowed through a bond or loan that the borrower promises to repay. It’s like the original price tag on a loan or bond, showing how much money is involved in the deal. This number matters because it indicates the size of the debt and helps investors understand the scale of the borrowing.

redemption price financial

"at a redemption price of 100.000% of the principal amount"

The redemption price is the amount of money a person receives when they sell or redeem a bond or investment before it matures. It’s important because it determines how much you get back and can affect your overall profit or loss on the investment. Think of it like the price you get when returning a gift card early—it's the value you receive at that time.

accrued and unpaid interest financial

"plus accrued and unpaid interest"

Accrued and unpaid interest is the interest that has built up on a loan or debt but hasn't been paid yet. It's like owing your friend money for a favor over time—you're expected to pay it later, even though you haven't paid it yet. This matters because it shows how much you owe beyond the original amount borrowed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What debt did FIRY (Firy Inc.) redeem on August 14, 2026?

Firy Inc. redeemed $80.0 million in aggregate principal amount of its outstanding 10.250% Secured Notes due 2026. The redemption was executed at 100.000% of principal, plus accrued and unpaid interest.

How much of FIRY’s 10.250% Secured Notes remains outstanding after the redemption?

After the redemption, Firy Inc. reports that $49,671,000 aggregate principal amount of its 10.250% Secured Notes due 2026 remains outstanding as of August 14, 2026.

At what price did FIRY redeem its 10.250% Secured Notes due 2026?

Firy Inc. redeemed the Notes at a redemption price of 100.000% of principal, plus accrued and unpaid interest. This means the company paid full face value on the redeemed Notes, in addition to interest owed.

What type of event did FIRY report related to its debt securities?

Firy Inc. reported an Other Event describing the redemption of a portion of its 10.250% Secured Notes due 2026. The company retired $80.0 million in principal and left $49,671,000 still outstanding.

Did FIRY change its corporate name in this disclosure?

The company identifies itself as Firy Inc. (formerly Skillz Inc.). This indicates that the current registrant name is Firy Inc., with Skillz Inc. referenced as its prior name.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/17/2026 - 05:21 PM Accepted by SEC EDGAR 08/17/2026 - 05:21 PM Learn about SEC filing dates

FALSE000180166100018016612026-08-142026-08-14

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 14, 2026

FIRY INC.

(Exact name of registrant as specified in its charter)

Delaware

001-39243

84-4478274

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

6625 Badura Avenue

Las Vegas, Nevada 89118

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (415) 762-0511

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A common stock, par value $0.0001 per share

FIRY

NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01.    Other Events.

On August 14, 2026, Firy Inc. (formerly Skillz Inc.) (the “Company”), redeemed $80.0 million in aggregate principal amount of the Company’s outstanding 10.250% Secured Notes due 2026 (the “Notes”) at a redemption price of 100.000% of the principal amount of the Notes, plus accrued and unpaid interest. As of August 14, 2026, after consummation of that redemption, there was $49,671,000 aggregate principal amount of the Notes outstanding.

Item 9.01.    Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number

Description

104

Cover Page Interactive Data File (embedded within the XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			FIRY INC.
			By:			/s/ Todd A. Valli
			Name:			Todd A. Valli
			Title:			Chief Accounting Officer
Date: August 17, 2026

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.1 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.2 KB