Sky Harbour Warrants – recent activityTravis, your most recent mention of Sky Harbour warrants was in May. Do you have an update on these warrants as affected by the recent agreement between Sky Harbour and Altai Investment Capital? I have 100 warrants with at $11.50.
[Nov 2, 2023: Sky Harbour Group Announces an Agreement and Closing of a Sale of 6,586,154 Shares of Class A Common Stock and 1,141,600 Warrants in a Private Equity Placement with Altai Capital Investment Vehicles for Aggregate Consideration of $42,810,000]
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The business is certainly looking like it’s more likely to be able to finance the growth they envision,
Thanks to all this additional capital, so that’s a good sign. Moves fairly slow, though, it takes a long time to get approvals for new airport facilities.
Will dig a little deeper for a future article, but for now I’m still just holding the warrants. I think they’re on a good path.