{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-017991","form_type":"8-K","ticker":"SKIL","cik":"0001774675","company_name":"Skillsoft Corp.","filed_at":"2026-05-21T10:57:55+00:00","discovered_at":"2026-05-21T11:00:00.375194+00:00","generated_at":"2026-05-21T11:03:35.695942+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Skillsoft sells Global Knowledge ILT business to Enduring Ventures; up to $20M total consideration","bullets":["Initial consideration $10M (funded by cash, seller note, or third-party); deferred consideration up to $8M net, payable in 5 quarterly installments.","Net proceeds expected $5M–$8M over ~2 years, after cash divested and transaction costs; seller note secured by cash/AR.","CEO states deal immediately accretive to growth, earnings, and cash flow; Skillsoft sharpens focus on AI-native skills platform.","Transaction expected to close in Q2 fiscal 2027, subject to Saudi Arabian regulatory approval and customary conditions.","Strategic partnership to continue: Skillsoft retains access to ILT; Global Knowledge retains access to Skillsoft platform."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-017991","json":"https://secwatch.observer/filing/0001437749-26-017991.json","markdown":"https://secwatch.observer/filing/0001437749-26-017991.md","text":"https://secwatch.observer/filing/0001437749-26-017991.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1774675/000143774926017991/0001437749-26-017991-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1774675/000143774926017991/skil20260520_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T11:03:35.695942+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"11c9a3b634ec5e4e812d00f689fd5e9f4e7a0240","claim":"Skillsoft Corp. entered into Sale and Purchase Agreement with EHJob GP LLC valued at $10,000,000 (effective 2026-05-20).","evidence_excerpt":"On May 20, 2026, Skillsoft Corp., a Delaware corporation (“Skillsoft”), entered into a Sale and Purchase Agreement, (the “SPA”), by and between GK Holdings, Inc, a Delaware corporation and wholly-owned subsidiary of Skillsoft (“Seller”) and EHJob GP LLC, a Delaware limited liability company (“Purchaser”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1774675/000143774926017991/0001437749-26-017991-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"EHJob GP LLC"},{"label":"Value","value":"$10,000,000"},{"label":"Effective","value":"2026-05-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}