Skillsoft Corp. Files 10-K/A Amendment

TL;DR

Skillsoft filed an amendment to its 2024 10-K. Check for updates.

AI Summary

Skillsoft Corp. filed an amendment (10-K/A) to its annual report for the fiscal year ended January 31, 2024. The filing, dated May 30, 2024, is an amendment to their previous filing and provides updated information. Skillsoft Corp. is incorporated in Delaware and has its principal business address at 640 Fifth Avenue, New York, NY.

Why It Matters

This amendment provides updated financial and operational information for Skillsoft Corp. for the fiscal year ending January 31, 2024, which is crucial for investors to assess the company's performance and outlook.

Risk Assessment

Risk Level: low — This filing is an amendment to a routine annual report and does not appear to contain significant new risks or disclosures.

Key Numbers

• 20240131 — Fiscal Year End (The report covers the fiscal year ending on this date.)
• 20240530 — Filing Date (This is the date the amendment was filed with the SEC.)

Key Players & Entities

• Skillsoft Corp. (company) — Registrant
• 001-38960 (company) — SEC File Number
• Delaware (company) — State of Incorporation
• 640 Fifth Avenue, New York, NY (company) — Business Address
• Churchill Capital Corp II (company) — Former Company Name
• Hornblower Acquisition Corp (company) — Former Company Name

FAQ

Key Financial Figures

• $0.0001 — tered Class A Common Stock, par value $0.0001 per share SKIL New York Stock Excha

Filing Documents

• skil20240131_10ka.htm (10-K/A) — 603KB
• ex_680655.htm (EX-31.3) — 7KB
• ex_680668.htm (EX-31.4) — 7KB
• 0001437749-24-018748.txt ( ) — 890KB
• skil-20240131.xsd (EX-101.SCH) — 3KB
• skil-20240131_def.xml (EX-101.DEF) — 17KB
• skil-20240131_lab.xml (EX-101.LAB) — 24KB
• skil-20240131_pre.xml (EX-101.PRE) — 18KB
• skil20240131_10ka_htm.xml (XML) — 8KB

Executive Compensation

Executive Compensation 9 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 18 Item 13. Certain Relationships and Related Transactions, and Director Independence 21 Item 14. Principal Accountant Fees and Services 23 PART IV Item 15. Exhibits and Financial Statement Schedules 24

Signatures

Signatures 26 Table of Contents CAUTIONARY NOTES REGARDING FORWARD-LOOKING STATEMENTS This Amendment includes statements that are, or may be deemed to be, "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act, which are intended to be covered by the safe harbors created by those laws. All statements, other than statements of historical facts, are forward-looking statements. These forward-looking statements include, but are not limited to, statements that address activities, events or developments that we expect or anticipate may occur in the future, including such things as our outlook, our product development and planning, our pipeline, future capital expenditures, share repurchases, financial results, the impact of regulatory changes, our current and evolving business strategies, including with respect to acquisitions and dispositions, demand for our services, our competitive strengths, the benefits of new initiatives, growth of our business and operations, the effectiveness of our products, the state and future of skilling in the workplace, our ability to successfully implement our plans, strategies, objectives, expectations and intentions are forward-looking statements. Also, when we use words such as "may", "will", "would", "anticipate", "believe", "estimate", "expect", "intend", "plan", "project", "forecast", "seek", "outlook", "target", goal", "probably", or similar expressions, we are making forward-looking statements. Such statements are based upon the current beliefs and expectations of Skillsoft's management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements. All forward-looking disclosure is speculative by its nature, and we caution you against unduly relying on these forward-looking statements. Factors that could cause or contribute to such differences include t

DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE

Item 10. DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE The following table provides information regarding our executive officers, members of and nominees to our board of directors (as of the date of this Amendment) . Name Age Position Executive Officers Ronald W. Hovsepian 63 Executive Chair and Director Matthew Glitzer 56 Chief Revenue Officer Apratim Purakayastha 56 GM, Enterprise Solutions, Chief Product and Technology Officer Richard Walker 60 Chief Financial Officer Non-Employee Directors and Director Nominees Helena B. Foulkes 59 Director Lawrence C. Illg 53 Director Michael S. Klein 60 Director Patrick Kolek 52 Director Karen Mills 70 Director Paul Peake 41 Director Nominee Peter Schmitt 57 Director Lawrence H. Summers 69 Director Executive Officers Ronald W. Hovsepian has served as Chair of the Board and Executive Chair of Skillsoft Corp. since April 2024. He served as a director of Skillsoft Corp. since June 2021. He previously served as Executive Chairman of Software Luxembourg, the Skillsoft predecessor entity, from July 2018 until June 2021. Mr. Hovsepian has served as chairman of the board of directors of Ansys Corp., the global leader in engineering simulation, since 2014, and has served as a member of the board since 2012. Mr. Hovsepian has served as chairman of the board of Valo Health, a technology company in drug discovery, since June 2019. Previously, Mr. Hovsepian served as a director of Pegasystems Inc. from January 2019 until June 2021. Mr. Hovsepian also previously served as Chairman of ANN Inc., for ten years. From September 2020 until January 2024, Mr. Hovsepian served as Chief Executive Officer of Indigo Ag, an agricultural technology company. Mr. Hovsepian currently serves as an advisor to Indigo's Chief Executive Officer and has served as a director since July 2019. Mr. Hovsepian has been an executive partner at Flagship Pioneering, Inc., a venture capital firm focused on health

View Full Filing

View this 10-K/A filing on SEC EDGAR