secwatch / observer
8-K filed November 2, 2023, 7:59 PM ET ticker SKYH CIK 0001823587
other material confidence high sentiment positive materiality 0.70

Sky Harbour raises $42.8M in PIPE of 6.6M shares and 1.14M warrants at ~$6.50/unit

Sky Harbour Group Corp

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Sky Harbour Group Corp entered into Securities Purchase Agreement with Altai Capital Falcon LP and certain investors valued at 42,810,000 (effective 2023-11-01).

Action
entry
Agreement
equity purchase
Counterparty
Altai Capital Falcon LP and certain investors
Value
42,810,000
Effective
2023-11-01
Exact text from the filing
On November 1, 2023, Sky Harbour Group Corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain investors (collectively, the “Investors”), pursuant to which the Company (i) agreed to sell and issue to the Investors at an initial closing an aggregate of 6,586,154 shares (the “PIPE Shares”) of the Company’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”) and accompanying warrants to purchase up to an aggregate of 1,141,600 shares of Class A Common Stock (the “PIPE Warrants”), for an aggregate purchase price of $42,810,000 (the “Initial Financing”)
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Sky Harbour Group Corp entered into Registration Rights Agreement with certain investors valued at Registration Rights Agreement entered into in connection with the Purchase Agreement (effective 2023-11-01).

Action
entry
Agreement
equity purchase
Counterparty
certain investors
Value
Registration Rights Agreement entered into in connection with the Purchase Agreement
Effective
2023-11-01
Exact text from the filing
On November 1, 2023, in connection with the execution of the Purchase Agreement, the Company entered into a Registration Rights Agreement (the “Registration Rights Agreement”) with the Investors.
View on SEC.gov

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Sky Harbour Group Corp filing history →

Source: SEC EDGAR
accession 0001437749-23-030044
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