Sky Harbour Raises $40M in Direct Offering at $10.00 Per Share

Sky Harbour Group Corp announced it entered into a Stock Purchase Agreement to sell 4,000,000 shares of its Class A common stock to investors in a registered direct offering. The offering, which closed on August 12, 2026, generated gross proceeds of $40.0 million at a price of $10.00 per share. The company intends to use the net proceeds for general corporate purposes. Additionally, a 90-day lock-up period was agreed upon for certain insiders, and Boston Omaha Corporation concurrently sold 360,000 shares in a secondary transaction.