Sky Harbour Group Announces $10M Increase To Previously Announced Registered Direct Stock Offering With An Additional Strategic Investor
Sky Harbour Group Corp. Class A
Sky Harbour Group Corp. Class A SKYH | 0.00 |
- The Company has executed a third stock purchase agreement as part of the Registered Direct Common Stock Placement that closed last week. An additional one million shares will be sold to M-Cor Capital LLC at $10.00 per share, with the closing expected on or before August 26th, 2026.
- The two investors in the initial tranche of the Registered Direct Common Stock Placement have provided waivers to the Company’s 90-day lock-up agreement that went into effect last Wednesday. The Company does not expect to seek additional waivers.
- The additional $10 million in proceeds is expected to be used to support future hangar developments and other corporate purposes.
