Sky Harbour Group Corporation filed a Form 8-K on August 12, 2026, disclosing the entry into and closing of a registered direct offering of Class A common stock that generated $40.0 million in gross proceeds.

Key Highlights

  • Shares sold: 4,000,000 shares of Class A common stock, par value $0.0001 per share, were sold to certain investors.
  • Purchase price: Shares were priced at $10.00 per share.
  • Gross proceeds: The company received aggregate gross proceeds of $40.0 million, before deducting offering-related expenses.
  • Closing date: The offering closed on August 12, 2026, with the agreement signed on August 10, 2026.
  • Lock-up period: Directors, executive officers, holders of more than 5.0% of outstanding stock, and the investors are subject to a 90-day lock-up on sales or transfers of Common Stock.
  • Concurrent secondary transaction: Boston Omaha Corporation separately entered into Secondary Stock Purchase Agreements to sell 360,000 shares of Common Stock at $10.00 per share to certain investors, with closings expected on or prior to August 14, 2026.
  • Use of proceeds: The company disclosed it intends to use net proceeds for general corporate purposes.

Sky Harbour Closes $40 Million Stock Sale, Concurrent Boston Omaha Secondary Transaction Also Announced

According to the filing, Sky Harbour Group Corporation (NYSE:SKYH) entered into a Stock Purchase Agreement on August 10, 2026, with certain investors under which the company agreed to sell 4,000,000 shares of its Class A common stock at $10.00 per share in a registered direct offering. The closing occurred on August 12, 2026, and the company disclosed it received aggregate gross proceeds of $40.0 million before deducting offering-related expenses. The company stated that net proceeds are intended for general corporate purposes.

The shares are being offered and sold pursuant to a shelf registration statement on Form S-3 (File No. 333-278275), which was filed with the SEC on March 27, 2024, and declared effective on April 10, 2024, along with a prospectus supplement filed on August 12, 2026. A legal opinion regarding the validity of the shares was provided by Morrison & Foerster LLP, filed as Exhibit 5.1 to the report.

The filing also disclosed that in connection with the offering, certain Lock-Up Parties, including the company's directors, executive officers, holders of more than 5.0% of outstanding stock, and the investors, agreed not to sell, pledge, or otherwise transfer or dispose of shares of Common Stock or related securities for 90 days following the closing date, subject to certain exceptions. Separately, the filing disclosed that Boston Omaha Corporation entered into Secondary Stock Purchase Agreements with certain investors for the sale of 360,000 shares of Common Stock at $10.00 per share, with those closings expected on or prior to August 14, 2026.

What Was Disclosed

Sky Harbour Group Corporation disclosed the terms, closing, and gross proceeds of a registered direct stock offering, along with a related 90-day lock-up agreement and a concurrent secondary share sale by Boston Omaha Corporation, all reported in an 8-K dated August 12, 2026.