---
schema_version: "secwatch.filing_event.v1"
accession: "0001801661-26-000112"
form_type: "8-K"
ticker: "SKLZ"
cik: "0001801661"
company_name: "Skillz Inc."
filed_at: "2026-10-06T20:02:37+00:00"
generated_at: "2026-10-12T16:24:12.921774+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Firy to redeem remaining $49.7M of 10.25% notes Oct 15, retiring all $300M debt with no dilution

## Summary
- Notice delivered Oct 5, 2026 to redeem all $49,671,000 outstanding principal of the 10.250% Secured Notes due 2026 on Oct 15, 2026 at 100% of principal plus accrued interest.
- Redemption to be funded with proceeds from the previously announced sale of the company's equity stake in Exit Games; UMB Bank, N.A. is trustee and paying agent.
- October redemption expected to save about $0.8M in cash interest; with the August 2026 redemption, roughly $3.6M saved versus interest through the Dec 15, 2026 maturity.
- CEO Andrew Paradise said the move completes retirement of $300M of notes ahead of maturity with no new capital raised and no shareholder dilution; liens released and indenture covenants terminated.
- CFO Alex Walsh reaffirmed guidance of modest positive operating cash flow in 2027 and revenue more than doubling from 2025 to 2028, with no borrowed debt expected entering 2027.

## SEC filing metadata
- accession: 0001801661-26-000112
- form_type: 8-K
- ticker: SKLZ
- cik: 0001801661
- company_name: Skillz Inc.
- filed_at: 2026-10-06T20:02:37+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801661/000180166126000112/0001801661-26-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801661/000180166126000112/sklz-20261005.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801661-26-000112
- JSON: https://secwatch.observer/filing/0001801661-26-000112.json
- Plain text: https://secwatch.observer/filing/0001801661-26-000112.txt

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