secwatch.observer — SEC 8-K summary
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Issuer:     Sky Harbour Group Corp (SKYH)
CIK:        0001823587
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0001437749-23-033173
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sky Harbour closes $15M second PIPE tranche, total $57.8M; Altai expects $200M debt access
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- Second closing on Nov 29, 2023: 2,307,692 shares and 400,000 warrants at ~$6.50/share for $15M.
- Total PIPE financing across two closings reaches $57,810,000.
- Participants: Altai Capital, Bess Ventures, Raga Partners, 8VC founders.
- Altai Capital expects the equity to unlock over $200M of debt capital for 12 airfields.
- PIPE warrants exercisable at $11.50/share, expire Jan 25, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823587/000143774923033173/0001437749-23-033173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823587/000143774923033173/ysac20231128_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-033173

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer