other material
confidence high
sentiment neutral
materiality 0.55
Sky Harbour closes $37.6M second PIPE tranche, total $75.2M equity raise for campus expansion
Sky Harbour Group Corp
- Second closing sold 3,955,790 shares at $9.50 each for $37.6M; total equity raise $75.2M.
- Plans ~$150M private activity debt in H1 2025; combined ~$240M to fund 6-7 new campuses.
- Expects seven new ground leases by end of 2025, expanding airport portfolio to 23.
- Participants include Altai Capital, Raga Partners, Boulderado, and new long-term investors.