Skillz Inc. Amends 8-K Filing on Officer/Director Changes
Ticker: SKLZ · Form: 8-K/A · Filed: Sep 25, 2024 · CIK: 1801661
| Field | Detail |
|---|---|
| Company | Skillz Inc. (SKLZ) |
| Form Type | 8-K/A |
| Filed Date | Sep 25, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $5,000, $250 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, leadership-change, compensation
Related Tickers: SKLZ
TL;DR
Skillz filed an amendment to its 8-K, updating info on exec changes and compensation.
AI Summary
Skillz Inc. filed an 8-K/A amendment on September 25, 2024, related to events on August 12, 2024. The filing concerns the departure of directors or certain officers, the election of directors, and the appointment of certain officers, as well as compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
This amendment provides updated information regarding changes in Skillz Inc.'s leadership and executive compensation, which can impact investor confidence and the company's strategic direction.
Risk Assessment
Risk Level: medium — Amendments to 8-K filings, especially those concerning leadership and compensation, can indicate underlying issues or significant strategic shifts that warrant investor attention.
Key Players & Entities
- Skillz Inc. (company) — Registrant
- August 12, 2024 (date) — Earliest event reported
- September 25, 2024 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
- 6625 Badura Avenue, Las Vegas, Nevada 89118 (address) — Principal executive offices
FAQ
What specific officer or director positions were affected by the events reported on August 12, 2024?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' but does not specify names or exact positions within this excerpt.
What is the primary purpose of this 8-K/A filing?
The primary purpose is to amend a previous 8-K filing to provide updated information regarding director and officer changes, elections, appointments, and compensatory arrangements, along with financial statements and exhibits.
When was the original event that this 8-K/A filing amends?
The earliest event reported in this amended filing occurred on August 12, 2024.
What is Skillz Inc.'s state of incorporation and principal executive office address?
Skillz Inc. is incorporated in Delaware and its principal executive offices are located at 6625 Badura Avenue, Las Vegas, Nevada 89118.
Besides leadership changes, what other information is included in this filing?
The filing also includes financial statements and exhibits.
Filing Stats: 564 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-09-24 18:05:10
Key Financial Figures
- $0.0001 — stered Class A common stock, par value $0.0001 per share SKLZ NYSE Indicate by chec
- $5,000 — vide to Mr. Chafkin a monthly salary of $5,000 and, upon Mr. Chafkin's request and sub
- $250 — additional compensation at the rate of $250 per hour for services rendered exceedin
Filing Documents
- sklz-20240812.htm (8-K/A) — 31KB
- chafkinagreement.htm (EX-10.1) — 26KB
- chafkinagreement001.jpg (GRAPHIC) — 189KB
- chafkinagreement002.jpg (GRAPHIC) — 234KB
- chafkinagreement003.jpg (GRAPHIC) — 229KB
- chafkinagreement004.jpg (GRAPHIC) — 233KB
- chafkinagreement005.jpg (GRAPHIC) — 235KB
- chafkinagreement006.jpg (GRAPHIC) — 227KB
- chafkinagreement007.jpg (GRAPHIC) — 210KB
- chafkinagreement008.jpg (GRAPHIC) — 151KB
- chafkinagreement009.jpg (GRAPHIC) — 50KB
- chafkinagreement010.jpg (GRAPHIC) — 127KB
- 0001801661-24-000124.txt ( ) — 2786KB
- sklz-20240812.xsd (EX-101.SCH) — 2KB
- sklz-20240812_lab.xml (EX-101.LAB) — 21KB
- sklz-20240812_pre.xml (EX-101.PRE) — 12KB
- sklz-20240812_htm.xml (XML) — 3KB
02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Officers
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Officers. Departure of Casey Chafkin This Amendment to the Current Report on Form 8-K that Skillz Inc. ("Company") filed with the SEC on August 12, 2024 (the "Original Filing"), provides information that was not available at the time of the Original Filing regarding the Letter Agreement (the "Agreement") between Company and Mr. Chafkin. On September 19, 2024, Company and Mr. Chafkin finalized the terms of the Agreement. Under the Agreement, Mr. Chafkin will provide consulting services to Company through the date of completion of certain services set forth in the Agreement and Company will provide to Mr. Chafkin a monthly salary of $5,000 and, upon Mr. Chafkin's request and subject to Company approval, additional compensation at the rate of $250 per hour for services rendered exceeding a monthly twenty-four hour threshold. Either the Company or Mr. Chafkin may terminate the Agreement upon five calendar days written notice. The foregoing description of the Agreement is a summary and is qualified in its entirety by the full text of the Agreement, which is attached to this Form 8-K/A as an exhibit and incorporated by reference herein.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 10.1 Letter Agreement dated September 19,2024 between Skillz Inc. and Casey Chafkin
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SKILLZ INC. By: /s/ Nikul Patel Name: Nikul Patel Title: Interim General Counsel Date: September 24, 2024