Sky Harbour Files 8-K: Leadership, Compensation, or Disclosure Event
Ticker: SKYH-WT · Form: 8-K · Filed: Jan 3, 2024 · CIK: 1823587
| Field | Detail |
|---|---|
| Company | Sky Harbour Group Corp (SKYH-WT) |
| Form Type | 8-K |
| Filed Date | Jan 3, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.0001, $11.50, $500,000, $1.1 million |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, executive-changes, regulation-fd
TL;DR
**Sky Harbour filed an 8-K, watch for details on leadership changes or key disclosures.**
AI Summary
Sky Harbour Group Corp. filed an 8-K on January 3, 2024, reporting an event that occurred on December 31, 2023. This filing is a standard current report, indicating potential changes in directors, officers, or compensatory arrangements, or a Regulation FD disclosure. For investors, this matters because changes in leadership or compensation structures can signal shifts in company strategy or financial health, potentially impacting future stock performance.
Why It Matters
This filing signals potential changes in Sky Harbour Group Corp.'s leadership, executive compensation, or a significant disclosure, all of which can influence investor confidence and the company's strategic direction.
Risk Assessment
Risk Level: low — This 8-K is a routine filing indicating a potential event, but without specific details, it doesn't inherently present a high risk.
Analyst Insight
A smart investor would monitor subsequent filings or press releases from Sky Harbour Group Corp. for specific details regarding the leadership changes, compensation arrangements, or Regulation FD disclosures hinted at in this 8-K, as these specifics will determine the actual impact.
Key Players & Entities
- Sky Harbour Group Corp. (company) — the registrant filing the 8-K
- December 31, 2023 (date) — date of the earliest event reported
- January 3, 2024 (date) — date the 8-K was filed
- 001-39648 (string) — Commission File Number
- Delaware (string) — State of incorporation for Sky Harbour Group Corp.
FAQ
What is the purpose of this 8-K filing by Sky Harbour Group Corp.?
This 8-K filing, dated January 3, 2024, indicates that Sky Harbour Group Corp. is reporting an event that occurred on December 31, 2023, under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers) and Item 7.01 (Regulation FD Disclosure), and Item 9.01 (Financial Statements and Exhibits).
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 31, 2023, as stated in the 'Date of Report (Date of earliest event reported)' section.
What is Sky Harbour Group Corp.'s state of incorporation and Commission File Number?
Sky Harbour Group Corp. is incorporated in Delaware, and its Commission File Number is 001-39648.
What was the former name of Sky Harbour Group Corp.?
The former name of Sky Harbour Group Corp. was Yellowstone Acquisition Co, with the name change occurring on 20200903.
What is the business address and phone number of Sky Harbour Group Corp.?
The business address of Sky Harbour Group Corp. is 136 Tower Road, Suite 205, Westchester County Airport, White Plains, NY 10604, and its telephone number is (212) 554-5990.
Filing Stats: 1,697 words · 7 min read · ~6 pages · Grade level 11.1 · Accepted 2024-01-03 17:26:14
Key Financial Figures
- $0.0001 — tered Class A common stock, par value $0.0001 per share   SKYH   NY
- $11.50 — A common stock at an exercise price of $11.50 per share   SKYH WS  
- $500,000 — l will be paid an annual base salary of $500,000. Mr. Whitesell will be eligible to rece
- $1.1 million — ll consist of a number of RSUs equal to $1.1 million divided by the trading average of the C
Filing Documents
- ysac20240102_8k.htm (8-K) — 40KB
- ex_611132.htm (EX-99.1) — 13KB
- logo01.jpg (GRAPHIC) — 5KB
- 0001437749-24-000437.txt ( ) — 224KB
- skyh-20231231.xsd (EX-101.SCH) — 4KB
- skyh-20231231_def.xml (EX-101.DEF) — 14KB
- skyh-20231231_lab.xml (EX-101.LAB) — 19KB
- skyh-20231231_pre.xml (EX-101.PRE) — 14KB
- ysac20240102_8k_htm.xml (XML) — 5KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.   On January 3, 2024, The Company issued a press release (the "Press Release") announcing Mr. Saltzman's departure and Mr. Whitesell's appointment as Chief Operating Officer. The Press Release also included an update with respect to estimated construction costs and timeline associated with the Company's Dallas - Addison phase I project. A copy of the Press Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 7.01 by reference.   The furnishing of the Press Release is not an admission as to the materiality of any information therein. The information contained in the Press Release is summary information that is intended to be considered in the context of more complete information included in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") and other public announcements that the Company has made and may make from time to time by press release or otherwise. The Company undertakes no duty or obligation to update or revise the information contained in this report, although it may do so from time to time as its management believes is appropriate. Any such updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosures.   The information contained in this Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained in this Item 7.01 and in the Press Release shall not be incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in any such filing.  
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.   (d) Exhibits. The Exhibit Index set forth below is incorporated herein by reference.     EXHIBIT INDEX       Exhibit Number   Exhibit Title 99.1 Press Release dated January 3, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).     SIGNATURE   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.   Dated: January 3, 2024     SKY HARBOUR GROUP CORPORATION         By: /s/ Tal Keinan   Name:  Tal Keinan   Title:  Chief Executive Officer