Sky Harbour Group Corporation filed a Form 8-K with the SEC on August 21, 2026, disclosing that it entered into a Stock Purchase Agreement to sell 1,000,000 shares of its Class A common stock at $10.00 per share in a registered direct offering.

Key Highlights

  • Shares offered: 1,000,000 shares of Class A common stock, par value $0.0001 per share
  • Purchase price: $10.00 per share
  • Expected gross proceeds: approximately $10.0 million, before deducting offering-related expenses
  • Investor: M-COR Capital LLC, a Delaware limited liability company
  • Expected closing: on or before August 26, 2026, subject to customary closing conditions
  • Intended use of proceeds: general corporate purposes
  • Registration basis: the company's effective shelf registration statement on Form S-3 (Registration No. 333-278275), including a base prospectus dated April 10, 2024

Sky Harbour Group Enters Registered Direct Offering with M-COR Capital

According to the filing, Sky Harbour Group Corporation (NYSE:SKYH) entered into a Stock Purchase Agreement on August 21, 2026, with M-COR Capital LLC, pursuant to which the company agreed to sell 1,000,000 shares of its Class A common stock to the investor at a purchase price of $10.00 per share. The company disclosed that it expects to receive aggregate gross proceeds of approximately $10.0 million from the offering, before deducting offering-related expenses, and that the net proceeds are intended for general corporate purposes.

The filing states that the offering is expected to be conducted pursuant to the company's effective shelf registration statement on Form S-3 (Registration No. 333-278275), including a base prospectus dated April 10, 2024, and a prospectus supplement dated on or before August 26, 2026. The company reported that the offering is expected to close on or before August 26, 2026, subject to customary closing conditions.

The filing also notes, under Item 7.01, that the company issued a press release on August 21, 2026, announcing the entry into the Stock Purchase Agreement. The filing specifies that the information furnished under Item 7.01, including the press release, "shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934." The filing was signed by Tal Keinan, Chief Executive Officer, on August 21, 2026. The filing includes forward-looking statements, which the company identified as subject to its cautionary language and the risk factors described in its Annual Report on Form 10-K for the year ended December 31, 2025.

What Was Disclosed

Sky Harbour Group Corporation disclosed the execution of a Stock Purchase Agreement to sell 1,000,000 shares of Class A common stock to M-COR Capital LLC at $10.00 per share, with expected gross proceeds of approximately $10.0 million intended for general corporate purposes.