Sky Harbour to sell 1,000,000 shares to M-COR Capital for about $10.0 million
Sky Harbour Group entered a stock purchase agreement with M-COR Capital LLC to sell 1,000,000 Class A common shares at $10.00 each in a registered direct offering. The company expects gross proceeds of about $10.0 million before offering expenses, with closing on or before August 26, 2026, and plans to use the proceeds for general corporate purposes. The sale adds new shares outstanding, which dilutes existing holders, though the filing does not give the share count outstanding.
Key points
- Sale of 1,000,000 Class A common shares at $10.00 per share to M-COR Capital LLC
- Expected gross proceeds of approximately $10.0 million before offering-related expenses
- Expected closing on or before August 26, 2026; proceeds for general corporate purposes, per the press release for future hangar developments
- Offering is made under an effective Form S-3 shelf registration (No. 333-278275)
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.