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Firy Inc. (SKLZ) Form 8-K — Oct 5, 2026

$SKLZForm 8-KItems 1.01, 2.01, 7.01, 9.01Filed Oct 5, 2026, 5:21 PM ET0001801661-26-000106Original filing

Firy Inc. (formerly Skillz Inc., NYSE: FIRY) completed the sale of its entire equity stake in Exit Games GmbH on October 2, 2026, receiving $55 million in cash — approximately 1.1x its $50 million July 2021 investment. The stake, 14,708 shares or about 10.5% of Exit Games' outstanding share capital, was sold back to Exit Games under a Share Sale and Transfer Agreement, ending Firy's ownership in the maker of the Photon multiplayer networking technology.

Key figures

Deal Value Usd
55000000
Shares sold
14708
Closing date
2026-10-02
Gross multiple
1.1x
Ownership sold percent
10.5
Vintage dpi comparison
22x the 2021-vintage average DPI of 0.05x
Original investment usd
50000000

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.