|Bid||0.00 x 1000|
|Ask||0.00 x 1100|
|Day's range||10.52 - 10.65|
|52-week range||9.95 - 11.22|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
WEST HARRISON, N.Y., August 02, 2021--Sky Harbour LLC ("SHG"), a developer of private aviation infrastructure focused on building, leasing and managing business aviation hangars, today announced it has entered into a business combination agreement with Yellowstone Acquisition Company (NASDAQ: YSAC, YSACU and YSACW) ("Yellowstone"), a publicly traded special purpose acquisition company sponsored by Boston Omaha Corporation (NASDAQ:BOMN) ("Boston Omaha"). Upon closing of the business combination,
Yellowstone Acquisition Company (the "Company") (NASDAQ: YSACU, YSAC and YSACW), a special purpose acquisition company, announced that the Company will restate its 2020 financial statements as filed in its Annual Report on Form 10-K to account for recent changes in accounting for warrants issued by special purpose acquisition companies ("SPACs").
Yellowstone Acquisition Company (the "Company")(NASDAQ:YSACU, YSAC and YSACW), a special purpose acquisition company ("SPAC"), announced that the Company has filed a Form 12b-25 to allow it time to account for recent changes in accounting for warrants issued by SPACs. The Company has chosen to extend its filing date to provide additional time to complete the preparation of its financial statements, which could not be accomplished by the original filing date without incurring unreasonable effort and expense. The Company expects to file the report within the five-day extension period provided by Rule 12b-25. Despite diligent efforts, additional time is required to prepare the financial statements due to the time required to complete the restatement of the Company's audited financial statements for the year ended December 31, 2020. The restatement for calendar year 2020 is required due to the recent pronouncement by the Securities and Exchange Commission in April 2021 that special purpose acquisition companies must account for both publicly traded warrants and warrants purchased by the sponsor as liabilities rather than equity instruments. Once the Company completes the restated financial results for 2020 it expects to be able to soon thereafter file its Form 10-Q for the quarter ended March 31, 2021. As Yellowstone completed its initial public offering in October 2020, no financial statements other than the annual audited financial statements for 2020 need to be restated. The Company anticipates filing a Form 8-K with further details of the restatement later today.