secwatch.observer — SEC 8-K summary
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Issuer:     Skillsoft Corp. (SKIL)
CIK:        0001774675
Form:       8-K/A
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001558370-22-018745
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skillsoft completes SumTotal sale to Cornerstone; restates prior periods as discontinued ops
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- Completed disposition of 100% of Amber Holding Inc. (SumTotal) to Cornerstone OnDemand on Aug. 15, 2022.
- SumTotal operating results reclassified as discontinued operations for all periods in updated Q1 FY2023 10-Q.
- Assets and liabilities of SumTotal presented as held for sale for all prior periods presented.
- Restatement reflects segment change; all other Q1 information unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1774675/000155837022018745/0001558370-22-018745-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1774675/000155837022018745/skil-20221215x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-018745

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