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Sky Harbour adds $10M via share sale to M-Cor Capital

August 21, 2026 8:05 AM EDT

Sky Harbour Group Corporation (NYSE: SKYH) has expanded its recent registered direct common stock placement by $10 million through a third stock purchase agreement with M-Cor Capital LLC.

Under the agreement, one million shares will be sold to M-Cor Capital at $10.00 per share, with closing expected on or before August 26, 2026. The proceeds are intended to support future hangar development and other corporate purposes.

The two investors from the initial tranche of the placement have provided waivers to a 90-day lock-up agreement that took effect the prior Wednesday. The company said it does not expect to seek additional waivers.

CEO Tal Keinan said in a statement: "We appreciate our ongoing partnership with M-Cor, and welcome this additional investment. The M-Cor team's detailed understanding of the Sky Harbour business, together with its standing in the business aviation community, contributes greatly to our Site Acquisition and Leasing missions."

The company also filed monthly construction reports for Portfolio I and Portfolio II with EMMA/MSRB, in accordance with Continuing Disclosure Agreements with its Series 2021 and Series 2026 bondholders.

Sky Harbour listed the following upcoming investor conferences: the Boston Omaha (NYSE: BOC) Annual Shareholder Meeting on August 21, 2026; the Evercore Virtual Real Estate Investor Conference on September 9–11, 2026; the Lake Street Capital Markets 10th Annual Best Ideas Growth Conference in New York on September 9–10, 2026; the D.A. Davidson Annual Diversified Industrials & Services Conference in Nashville on September 23–25, 2026; the Noble Capital Markets Virtual Equity Investor Conference on October 1–2, 2026; and the Maxim Group Annual Growth Summit in New York on October 13–14, 2026.



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