---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030044"
form_type: "8-K"
ticker: "SKYH"
cik: "0001823587"
company_name: "Sky Harbour Group Corp"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:52:33.617164+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Raised $42.8M from Altai Capital via 6,586,154 shares and 1,141,600 warrants at ~$6.50 per unit.
- Altai Capital has option to purchase up to $15M additional shares and warrants within 30 days.
- Investors include funds managed by 8VC (Joe Lonsdale) and Raga Partners.
- PIPE warrants exercisable at $11.50/share, expire Jan 25, 2027; 6-month lock-up.
- Board composition and governance remain unchanged.

## SEC filing metadata
- accession: 0001437749-23-030044
- form_type: 8-K
- ticker: SKYH
- cik: 0001823587
- company_name: Sky Harbour Group Corp
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823587/000143774923030044/0001437749-23-030044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823587/000143774923030044/ysac20231101_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030044
- JSON: https://secwatch.observer/filing/0001437749-23-030044.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030044.txt

## Key facts
- Material Agreements
  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
  source text: 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”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823587/000143774923030044/0001437749-23-030044-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823587/000143774923030044/0001437749-23-030044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.