{"schema_version":"secwatch.filing_event.v1","accession":"0001801661-26-000106","form_type":"8-K","ticker":"SKLZ","cik":"0001801661","company_name":"Skillz Inc.","filed_at":"2026-10-05T21:21:22+00:00","discovered_at":"2026-10-05T21:22:00.319336+00:00","generated_at":"2026-10-12T16:39:39.626920+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Firy sells Exit Games stake back for $55M cash, ~1.1x on its $50M 2021 investment","bullets":["$55.0M cash sale of 14,708 Exit Games shares, ~10.5% of Exit Games' outstanding capital; closed October 2, 2026, proceeds received in full.","Firy bought the stake for $50M in July 2021 under former name Skillz Inc.; sale is above purchase price at ~1.1x realized.","Company cites 2021-vintage US VC funds' 0.05x average DPI at five years; FIRY's return is ~22x that benchmark (PitchBook, Aug. 6, 2026).","CEO Andrew Paradise: cash back on the balance sheet 'gives FIRY optionality in our other endeavors'; Exit Games is the Hamburg-based developer of Photon networking tech."],"urls":{"canonical":"https://secwatch.observer/filing/0001801661-26-000106","json":"https://secwatch.observer/filing/0001801661-26-000106.json","markdown":"https://secwatch.observer/filing/0001801661-26-000106.md","text":"https://secwatch.observer/filing/0001801661-26-000106.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801661/000180166126000106/0001801661-26-000106-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801661/000180166126000106/sklz-20261002.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T16:39:39.626920+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}