Skillz Inc.

Skillz Inc. announced its intention to change its corporate name to "Firy Inc." effective June 18, 2026. The company's Class A common stock is expected to begin trading under the new ticker symbol "FIRY" on the New York Stock Exchange starting June 22, 2026. Existing stockholders are not required to take any action, and the CUSIP will remain unchanged. In connection with the rebrand, the company also released limited information on its reorganized business segments.

Skillz Inc. has announced the appointment of Robert Alex Walsh as its new Chief Financial Officer, effective July 13, 2026. Mr. Walsh, previously CFO of Aristocrat Gaming, will receive an annual base salary of $450,000, along with target incentive compensation and equity awards totaling $400,000 in grant date value for RSUs and PSUs. He succeeds Gaetano Franceschi, who will transition to an advisory role until September 30, 2026, to ensure a smooth handover.

Skillz Inc. reported a significant increase in revenue for the first quarter of 2026, reaching $29.11 million, up from $21.90 million in the prior year. The company also narrowed its net loss to $(10.95) million, an improvement from $(17.14) million in Q1 2025. Additionally, its Aarki business rebranded to RZR, and the company recognized a $7.5 million gain from litigation settlement.

Skillz Inc. announced its Q1 2026 financial results, reporting revenue of $29.1 million and a net loss of $10.9 million, an improvement from the prior year. The company also disclosed a significant legal victory, with a federal jury awarding Skillz $420 million in actual damages against Papaya Gaming for false advertising, with a potential total award up to $1.2 billion. Skillz reported stronger fundamentals, including a 15% quarter-over-quarter improvement in adjusted EBITDA (excluding litigation expenses) and RZR's third consecutive quarter of profitability, ending the quarter with $185 million in cash.

Skillz Inc. announced the departure of Nikul Patel, its Interim General Counsel, effective April 28, 2026. Mr. Patel will receive Tier 3 severance benefits as per the company's severance plan, contingent upon signing a standard separation agreement and release of claims.

Skillz Inc. announced that its 2026 Annual Meeting of Stockholders will take place virtually on June 18, 2026. The company will provide specific details on how stockholders can log in, vote, and submit questions in its definitive proxy statement. Stockholders intending to bring business or nominate a director must submit timely written notice to the company's principal executive offices by April 24, 2026, as per the company's bylaws.