Sky Harbour LLC, a developer of private aviation infrastructure focused on building, leasing and managing business aviation hangars, is transitioning into a publicly traded company.
The West Harrison-headquartered Sky Harbor has signed a business combination agreement with Yellowstone Acquisition Co., a publicly traded, special purpose acquisition company sponsored by Boston Omaha Corp., which has agreed to provide $55 million of financing in support of the transaction.
Upon the completion of its merger, Sky Harbor will become publicly traded on the NASDAQ exchange. Tal Keinan, Sky Harbour”™s chairman and CEO, will continue to lead the business, and the combined company will have an implied pro forma equity market value of approximately $777 million at closing.
