---
schema_version: "secwatch.filing_event.v1"
accession: "0001801661-23-000041"
form_type: "8-K"
ticker: "SKLZ"
cik: "0001801661"
company_name: "Skillz Inc."
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T01:22:32.028882+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Skillz controller resigns; invests $5M in Aarki subsidiary, grants 20% equity to key employees

## Summary
- Elly Ryu steps down as Corporate Controller effective Sep 8, 2023; Jason Roswig named interim.
- Skillz invests $5M in Aarki Series A Preferred Stock for working capital.
- Aarki key employees receive equity awards totaling ~20% of Aarki on fully diluted basis, vesting over 4 years.
- All unvested Skillz equity awards surrendered by Aarki employees; no future Skillz awards to them.
- Aarki designated as unrestricted subsidiary under Skillz's 10.250% Secured Notes due 2026.

## SEC filing metadata
- accession: 0001801661-23-000041
- form_type: 8-K
- ticker: SKLZ
- cik: 0001801661
- company_name: Skillz Inc.
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801661/000180166123000041/0001801661-23-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801661/000180166123000041/sklz-20230830.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801661-23-000041
- JSON: https://secwatch.observer/filing/0001801661-23-000041.json
- Plain text: https://secwatch.observer/filing/0001801661-23-000041.txt

## Key facts
- Executive change
  Jason Roswig was appointed as Interim Corporate Controller and Global Head of Accounting at Skillz Inc..
  - Action: appointed
  - Role: Interim Corporate Controller and Global Head of Accounting
  source text: The Company has appointed Jason Roswig, its President and Chief Financial Officer, to the role of Interim Corporate Controller and Global Head of Accounting
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801661/000180166123000041/0001801661-23-000041-index.htm
- Executive change
  Elly Ryu departed as Corporate Controller and Global Head of Accounting at Skillz Inc..
  - Action: stepped down
  - Role: Corporate Controller and Global Head of Accounting
  source text: Elly Ryu informed Skillz Inc. (the “Company”) that she has decided to step down from her position as Corporate Controller and Global Head of Accounting effective as of September 8, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801661/000180166123000041/0001801661-23-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.