secwatch.observer — SEC 8-K summary
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Issuer:     Sky Harbour Group Corp (SKYH)
CIK:        0001823587
Form:       8-K
Filed at:   2023-03-23T23:59:59+00:00
Accession:  0001437749-23-007587
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sky Harbour Group modifies Series 2021 PABs to fund Addison, TX hangar project
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- Elected to reallocate Series 2021 PAB proceeds to the ADS Project in Addison, Texas.
- Addison Hangars LLC and OPF Hangars Landlord LLC joined Obligated Group; OPF Hangars contributed to SHC.
- Equity interests in Sky Harbour Addison and OPF Hangars pledged to Master Trustee as bond security.
- Sky Harbour Services waived all management and development fees during construction of bond projects.
- Feasibility study confirmed modification increased project debt service coverage ratio, per event notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823587/000143774923007587/0001437749-23-007587-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823587/000143774923007587/ysac20230322_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-007587

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