Welcome to our dedicated page for YSACW news (Ticker: YSACW), a resource for investors and traders seeking the latest updates and insights on YSACW stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect YSACW's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of YSACW's position in the market.
Sky Harbour LLC and Yellowstone Acquisition Company announced a proposed business combination involving a forward purchase agreement for up to $70 million with Atalaya Capital Management. The agreement facilitates the sale and possible purchase of up to 7,000,000 shares of Yellowstone's Class A common stock. The business combination aims to provide Sky with public company status by January 25, 2022, under the new ticker symbols SKYH and SKYHWS.
Yellowstone Acquisition Company (NASDAQ: YSACU, YSAC, YSACW) announced that Boston Omaha Corporation will provide
Sky Harbour LLC (SHG) has entered into a business combination agreement with Yellowstone Acquisition Company (YSAC, YSACU, YSACW), allowing SHG to become publicly traded. The deal has an implied market value of approximately $777 million upon closing. Boston Omaha Corporation is providing $55 million in financing, contingent on SHG raising at least $80 million through a private activity bond offering. The transaction is expected to generate up to $238 million in gross proceeds, funding the completion of four initial airport hangar campuses across the U.S.
Yellowstone Acquisition Company (NASDAQ: YSACU, YSAC, YSACW) announced it will restate its 2020 financial statements due to new SEC guidelines regarding SPAC warrants. Previously classified as equity, the 6,799,449 public and 7,719,779 private warrants will now be treated as derivative liabilities, affecting the company's future earnings reports. This change is a non-cash charge but could impact the company's results of operations. The restatement will lead to non-reliance on prior financial statements, and a Form 10-Q filing delay has been announced as they finalize the necessary adjustments.
Yellowstone Acquisition Company (NASDAQ: YSACU, YSAC, YSACW) has filed a Form 12b-25 to extend its filing date for financial statements due to recent accounting changes for SPAC warrants. The extension allows more time to prepare restated audited financial statements for 2020, necessitated by SEC guidelines. The company intends to file its 10-Q for Q1 2021 following the 2020 restatement. Yellowstone had its IPO in October 2020, with no further restatements needed beyond 2020.
