Every material Form 8-K Firy Inc. has filed with the SEC since October 05, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Firy Inc., formerly Skillz Inc., completed the redemption of all $49,671,000 in principal of its 10.250% Secured Notes due 2026 on October 15, 2026, at 100% of principal plus accrued and unpaid interest. No Notes remain outstanding after the redemption, which removes this secured debt from the company's obligations.
Redeemed all $49,671,000 aggregate principal amount of 10.250% Secured Notes due 2026
Redemption price was 100.000% of principal, plus accrued and unpaid interest to the redemption date
No Notes remain outstanding following the October 15, 2026 redemption
Firy Inc. delivered notice on October 5, 2026 to redeem all remaining 10.25% Secured Notes due 2026, about $49.7 million of principal, on October 15, 2026, at 100% of principal plus accrued interest. The company said the redemption completes repayment of its $300 million notes, would leave it with no outstanding borrowed debt, and would be funded by proceeds from the previously announced sale of its equity stake in Exit Games.
Redemption date is October 15, 2026, at 100% of principal plus accrued and unpaid interest
$49,671,000 aggregate principal was outstanding as of October 5, 2026; UMB Bank, N.A. is trustee and paying agent
Company expects the October redemption to save about $0.8 million in cash interest, and about $3.6 million in total with the August 2026 redemption
Funding comes from proceeds of the Exit Games equity stake sale; the company said no new capital will be raised and there will be no shareholder dilution
Firy Inc. agreed to sell its entire stake in Exit Games GmbH, about 10.5% of Exit Games' outstanding share capital, back to Exit Games for $55.0 million in cash. The transaction was completed on October 2, 2026, and Firy ceased to be a shareholder. Firy bought the stake for $50 million in July 2021, so the filing describes the sale as a cash return of approximately 1.1x the original investment.
Sale price: $55.0 million in cash, paid to Firy in full at closing on October 2, 2026
Original purchase price: $50 million in July 2021, under the former name Skillz Inc.
Firy ceased to be a shareholder of Exit Games; the 8-K states no revenue or profit effect
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