Sky Harbour Group Corp. Files 8-K on Delisting Concerns

TL;DR

Sky Harbour Group Corp. is facing potential delisting issues, according to their latest 8-K filing.

AI Summary

Sky Harbour Group Corp. filed an 8-K on December 17, 2024, to report a notice of delisting or failure to satisfy a continued listing rule. The filing also includes Regulation FD disclosures and financial statements/exhibits. The company was formerly known as Yellowstone Acquisition Co. and changed its name on September 3, 2020.

Why It Matters

This filing indicates potential issues with Sky Harbour Group Corp.'s continued listing on an exchange, which could impact its stock trading and investor confidence.

Risk Assessment

Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's market presence and investor confidence.

Key Players & Entities

• Sky Harbour Group Corp. (company) — Registrant
• Yellowstone Acquisition Co. (company) — Former company name
• December 17, 2024 (date) — Date of report
• September 3, 2020 (date) — Date of name change

FAQ

Key Financial Figures

• $0.0001 — tered Class A common stock, par value $0.0001 per share SKYH NYSE American LLC
• $11.50 — A common stock at an exercise price of $11.50 per share SKYH WS NYSE American LLC

Filing Documents

• ysac20241203_8k.htm (8-K) — 34KB
• ex_753703.htm (EX-99.1) — 9KB
• shlogo.jpg (GRAPHIC) — 5KB
• 0001437749-24-037693.txt ( ) — 209KB
• skyh-20241217.xsd (EX-101.SCH) — 4KB
• skyh-20241217_def.xml (EX-101.DEF) — 14KB
• skyh-20241217_lab.xml (EX-101.LAB) — 19KB
• skyh-20241217_pre.xml (EX-101.PRE) — 14KB
• ysac20241203_8k_htm.xml (XML) — 5KB

01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing On December 17, 2024, Sky Harbour Group Corporation (the "Company") announced that the New York Stock Exchange (the "NYSE") had approved the transfer of listing of the Company's Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), and warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share (the "Warrants") from the NYSE American LLC (the "NYSE American") to the NYSE. The Company's Class A Common Stock and Warrants are anticipated to commence trading on the New York Stock Exchange on Monday, January 27, 2025, under their current ticker symbols of SKYH and SKYH WS, respectively. The Company's Class A Common Stock and Warrants will continue to trade under the same ticker symbols on the NYSE American until the transfer is complete.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On December 17, 2024, the Company issued a press release announcing the expected transfer of listing from the NYSE American to the NYSE. A copy of the Press Release is furnished hereto 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, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), 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 "Securities Act"). The information contained in this Item 7.01 and the Press Release shall not be incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing. Cautionary Statement Regarding Forward-Looking Statements This Current Report on Form 8-K includes "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Certain of these fo

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 December 17, 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: December 17, 2024 SKY HARBOUR GROUP CORPORATION By: /s/ Tal Keinan Name: Tal Keinan Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR