Yorkville gets Sky Harbour (NYSE: SKYH) shares tied to $10M note
Rhea-AI Filing Summary
Sky Harbour Group Corporation issued 40,000 shares of its Class A common stock in a registered direct offering to Yorkville, tied to a previously issued non-convertible, unsecured promissory note with a principal amount of $10 million.
The shares were issued under an effective Form S-3 shelf registration statement and related prospectus, with a prospectus supplement filed on February 3, 2026. A legal opinion from Morrison & Foerster LLP on the validity of the shares was filed as an exhibit.
Positive
- None.
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, and exhibit attachments filed with this report.
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FAQ
What did Sky Harbour Group (SKYH) announce in this 8-K filing?
Sky Harbour Group disclosed issuing 40,000 Class A shares in a registered direct offering to Yorkville. The issuance is connected to a previously issued $10 million non-convertible, unsecured promissory note and uses an existing Form S-3 shelf registration and prospectus supplement.
What is the size of the Yorkville promissory note mentioned by Sky Harbour (SKYH)?
The Yorkville promissory note has a principal amount of $10 million. It is a non-convertible, unsecured promissory note issued by Sky Harbour LLC, a subsidiary of Sky Harbour Group Corporation, and the 40,000 registered shares were issued in connection with this note.