• Skillsoft completed the sale of its Global Knowledge business to an affiliate of Enduring Ventures, narrowing its focus to an AI-native skills management platform.
• The deal includes a strategic partnership to keep Skillsoft customers connected to instructor-led training while offering Global Knowledge customers access to Skillsoft’s platform.
• Initial consideration was about $5.4 million in a seller note, subject to post-closing adjustments tied to working capital, cash, and indebtedness.
• Skillsoft is also entitled to deferred consideration of $10 million, reduced by about $2 million related to long-term employee liabilities.
• The sale follows a previously disclosed strategic assessment; the sale and purchase agreement was announced on May 20, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skillsoft Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260706799248) on July 06, 2026, and is solely responsible for the information contained therein.