secwatch.observer — SEC 8-K summary
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Issuer:     Sky Harbour Group Corp (SKYH)
CIK:        0001823587
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001437749-25-037857
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sky Harbour subsidiary issues $15M promissory note to Yorkville; issues 50,000 shares
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- $15M non-convertible unsecured promissory note issued by Sky Harbour LLC to Yorkville, maturing June 8, 2027.
- Interest rate 7.75% (18% upon default); quarterly principal payments of $1.25M begin July 8, 2026.
- Company guarantees the note; proceeds for working capital and general corporate purposes.
- Issues 50,000 shares of Class A common stock to Yorkville in registered direct offering under shelf registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823587/000143774925037857/0001437749-25-037857-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823587/000143774925037857/ysac20251212_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-037857

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