Sky Century Investment, Inc. (SKYI) Form 8-K — Oct 21, 2026
$SKYIForm 8-KItems 3.02, 5.02, 9.01Filed Oct 21, 2026, 3:12 PM ET0001555017-26-000014Original filing
Sky Century Investment's board approved converting $205,000 of accrued unpaid salary owed to CEO Nataliia Petranetska into 4,100,000 common shares at $0.05 per share, completed October 16, 2026. The shares were issued unregistered under a securities-law exemption. Following the issuance, the company has 14,229,357 shares outstanding — roughly a 29% increase in share count, all to the company's own CEO. The amended compensation agreement gives her a standing right to convert future accrued salary into stock, subject only to board approval.
Key figures
- Shares Issued
- 4100000
- Base Salary Monthly
- 10000
- Salary Converted Usd
- 205000
- Conversion Price Per Share
- 0.05
- Post Issuance Shares Outstanding
- 14229357
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