{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-014241","form_type":"8-K","ticker":"SKYH","cik":"0001823587","company_name":"Sky Harbour Group Corp","filed_at":"2023-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.896240+00:00","generated_at":"2026-06-15T02:44:23.241422+00:00","sec_items":["1.01","2.03","8.01","9.01","3.05"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Sky Harbour acquires 51% stake in hangar supplier Rapidbuilt, guarantees $10M loan","bullets":["Acquired 51% equity interest in Overflow Ltd. and its subsidiary Rapidbuilt for nominal consideration.","Rapidbuilt manufactures pre-engineered steel hangar buildings; prior vendor supply agreement existed.","Sky guaranteed all obligations under existing $10M Overflow Loan (SOFR+3%, matures Dec 2025).","Loan amendment includes waiver of pre-existing defaults, consent to change of control, and reserve enhancement terms.","Acquisition aims to standardize proprietary hangar designs, reduce construction costs and development risk."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-014241","json":"https://secwatch.observer/filing/0001437749-23-014241.json","markdown":"https://secwatch.observer/filing/0001437749-23-014241.md","text":"https://secwatch.observer/filing/0001437749-23-014241.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1823587/000143774923014241/0001437749-23-014241-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1823587/000143774923014241/ysac20230511_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T02:44:23.241422+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"80cb882f25daae59744c143d57ddfbf014709ca8","claim":"Sky Harbour Group Corp amended credit facility of approximately $10.0 million of principal outstanding with Vista Bank at 3.00% above the three-month secured overnight financing rate maturing December 1, 2025.","evidence_excerpt":"obligations under the Overflow Loan will be guaranteed by Sky. The Overflow Loan was originated in December 2020 between the Borrowers and the Lender and has approximately $10.0 million of principal outstanding as of the Option Exercise Date. The Overflow Loan accrues interest at a per annum rate equal to 3.00% above the three-month secured overnight financing","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1823587/000143774923014241/0001437749-23-014241-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"approximately $10.0 million of principal outstanding"},{"label":"Counterparty","value":"Vista Bank"},{"label":"Rate","value":"3.00% above the three-month secured overnight financing rate"},{"label":"Maturity","value":"December 1, 2025"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"57f0d15517780264c41cd380e482f0bbfad1d818","claim":"Sky Harbour Group Corp amended Loan Amendment with Vista Bank valued at approximately $10.0 million.","evidence_excerpt":"consent, waiver, and second amendment (the “Loan Amendment”) and a guaranty agreement (the “Guaranty Agreement”) associated with the senior loan agreement between Overflow and Rapidbuilt (collectively, the “Borrowers”), and the Lender (the “Overflow Loan”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1823587/000143774923014241/0001437749-23-014241-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Vista Bank"},{"label":"Value","value":"approximately $10.0 million"}],"fact_type":"material_agreement"},{"claim_id":"7826d3577ceace2834dd537442be476d22a32546","claim":"Sky Harbour Group Corp entered into Guaranty Agreement with Vista Bank valued at approximately $10.0 million.","evidence_excerpt":"consent, waiver, and second amendment (the “Loan Amendment”) and a guaranty agreement (the “Guaranty Agreement”) associated with the senior loan agreement between Overflow and Rapidbuilt (collectively, the “Borrowers”), and the Lender (the “Overflow Loan”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1823587/000143774923014241/0001437749-23-014241-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Vista Bank"},{"label":"Value","value":"approximately $10.0 million"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}