Skillz Inc. Files 8-K on Officer Changes and Compensation
Ticker: SKLZ · Form: 8-K · Filed: Dec 30, 2025 · CIK: 1801661
| Field | Detail |
|---|---|
| Company | Skillz Inc. (SKLZ) |
| Form Type | 8-K |
| Filed Date | Dec 30, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: officer-changes, director-election, compensation, 8-K
Related Tickers: SKLZ
TL;DR
Skillz leadership shakeup and pay details just dropped. Check the 8-K.
AI Summary
Skillz Inc. filed an 8-K on December 30, 2025, reporting on events as of December 23, 2025. The filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and details compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
This filing provides crucial updates on the company's leadership and executive compensation, which can significantly impact investor confidence and future strategic direction.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with compensation details, can signal internal shifts that may affect the company's stability and future performance.
Key Numbers
- 001-39243 — SEC File Number (Identifies the company's filing with the SEC.)
- 84-4478274 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Skillz Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- 6625 Badura Avenue, Las Vegas, Nevada 89118 (address) — Principal executive offices
- Flying Eagle Acquisition Corp. (company) — Former company name
FAQ
Who has departed from Skillz Inc.'s board or officer positions?
The filing indicates the departure of directors or certain officers, but specific names are not detailed in the provided text.
Who has been elected as a new director for Skillz Inc.?
The filing mentions the election of directors, but the specific individuals elected are not named in the provided text.
What are the key details regarding compensatory arrangements for Skillz Inc. officers?
The filing notes that compensatory arrangements for certain officers are covered, but the specific details of these arrangements are not provided in the excerpt.
When was Skillz Inc. incorporated, and in which state?
Skillz Inc. was incorporated in Delaware.
What is the business address of Skillz Inc.?
The principal executive offices of Skillz Inc. are located at 6625 Badura Avenue, Las Vegas, Nevada 89118.
Filing Stats: 707 words · 3 min read · ~2 pages · Grade level 12 · Accepted 2025-12-30 16:09:41
Key Financial Figures
- $0.0001 — stered Class A common stock, par value $0.0001 per share SKLZ NYSE Indicate by chec
Filing Documents
- sklz-20251223.htm (8-K) — 34KB
- 0001801661-25-000129.txt ( ) — 146KB
- sklz-20251223.xsd (EX-101.SCH) — 2KB
- sklz-20251223_lab.xml (EX-101.LAB) — 21KB
- sklz-20251223_pre.xml (EX-101.PRE) — 12KB
- sklz-20251223_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. As previously disclosed on a Current Report on Form 8-K, filed with the Securities and Exchange Commission (the "SEC") on December 18, 2025 (the "Prior 8-K"), Skillz Inc. (the "Company") appointed Michael Darwal as its Chief Financial Officer effective as of January 12, 2026 (the "Effective Date"), succeeding Gaetano Franceschi in such role as of such date. On December 23, 2025, Mr. Darwal notified that Company of his decision to withdraw his acceptance of the Chief Financial Officer position, effective immediately, and therefore he will not be appointed as Chief Financial Officer effective as of the Effective Date, as previously disclosed by the Prior 8-K. In connection with the foregoing, the Company and Mr. Franceschi have entered into a side letter (the "Side Letter") with respect to that certain Transition and Separation Agreement, dated December 17, 2025 (the "Transition and Separation Agreement"), described in the Prior 8-K. Pursuant to the Side Letter, Mr. Franceschi's Termination Date (as such term is defined in the Transition and Separation Agreement), will be extended until March 31, 2026, with the Company's option to further extend through June 30, 2026. Mr. Franceschi will continue in the position of Chief Financial Officer until a permanent successor is appointed and will continue to receive the same base salary and benefits as provided to executive officers in the ordinary course, and will be eligible to receive a 2026 annual bonus opportunity consistent with Mr. Franceschi's offer letter with the Company, dated as of October 17, 2023, prorated based on Mr. Franceschi's Termination Date, and which will be paid based on the Company's actual performance at the same time as 2026 bonuses are paid to similarly situated executives. The terms and conditions of the Transition and Separation Agreement otherwise remain unchanged. The Company is conduct
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the XBRL document)
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/ Todd A. Valli Name: Todd A. Valli Title: Chief Accounting Officer Date: December 30, 2025