# EDGAR Filing Document

**Accession Number:** 0001774675
**File Stem:** 0001104659-23-039231
**Filing Date:** 2023-3
**Character Count:** 9042
**Document Hash:** 3da1c0627c386e73a4ee60fc38d929d6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-039231.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0001104659-23-039231

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20230329

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230330

**DATE AS OF CHANGE**: 20230330

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Skillsoft Corp.
- **CENTRAL INDEX KEY:** 0001774675
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **IRS NUMBER:** 834388331
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38960
- **FILM NUMBER:** 23781422

**BUSINESS ADDRESS:**
- **STREET 1:** 640 FIFTH AVENUE, 12TH FL
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** (212) 380-7500

**MAIL ADDRESS:**
- **STREET 1:** 640 FIFTH AVENUE, 12TH FL
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Churchill Capital Corp II
- **DATE OF NAME CHANGE:** 20190502

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Hornblower Acquisition Corp
- **DATE OF NAME CHANGE:** 20190423

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 OR 15(d) of the**

 **Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **March 29, 2023**

**Skillsoft Corp.**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **001-38960** | **83-4388331** |
| (State or other jurisdiction of <br> incorporation) | (Commission File Number) | (IRS Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| <br> **300 Innovative Way, Suite 201**<br> **Nashua, NH** | **03602** |
| (Address of principal executive offices) | (Zip Code) |

---

**(603) 324-3000**

Registrant's telephone number, including area code:

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading <br> Symbol(s)** | **Name of each exchange on which<br> registered** |
| Class A common stock, $0.0001 par value per share | SKIL | New York Stock Exchange |
| Warrants | SKIL. WS | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ⌧

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

**Item 8.01. Other Events**

As previously disclosed, on March 7, 2023, Skillsoft Corp. (the "Company") filed a petition (the "Petition") in the Delaware Court of Chancery (the "Court of Chancery") pursuant to Section 205 of the Delaware General Corporation Law (the "DGCL") seeking validation of the Certificate of Amendment (the "Certificate of Amendment") and all shares of the Company's capital stock issued in reliance on the effectiveness and validity thereof (captioned In re Skillsoft Corp., C.A. No. 2023-0288-LWW (Del. Ch.), the "Section 205 Action").

On March 29, 2023, the Court of Chancery held a hearing in the Section 205 Action and orally granted the Company's petition, and, on March 29, 2023, the Court issued an order in the Section 205 Action granting the Company's petition validating the Certificate of Amendment and all shares of the Company's capital stock issued in reliance on the effectiveness and validity thereof. A copy of the Court's order is filed hereto as Exhibit 99.1.

*Forward-Looking Statements*

Certain statements in this Current Report on Form 8-K constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements contained in this Form 8-K that are not historical facts are forward-looking statements. Such forward-looking statements involve known and unknown risks and uncertainties, and our actual results could differ materially from future results expressed or implied in these forward-looking statements. The forward-looking statements included in this release are based on our current beliefs and expectations of our management as of the date of this release. These statements are not guarantees or indicative of future performance. Important assumptions and other important factors that could cause actual results to differ materially from those forward-looking statements include, but are not limited to, our ability to obtain the requested relief in the Section 205 proceeding and those additional risks. We do not intend, and, except as required by law, we undertake no obligation, to update any of our forward-looking statements after the issuance of this release to reflect any future events or circumstances. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The Company does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.

**Item 9.01 Financial Statements and Exhibits.**

**(d)** **Exhibits.** 

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| [99.1](tm2311036d1_ex99-1.htm) | [Order entered by the Delaware Court of Chancery on March 29, 2023.](tm2311036d1_ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **SKILLSOFT CORP.** | **SKILLSOFT CORP.** |
| Date: March 30, 2023 | By: | /s/ Richard Walker |
|  | Name: | Richard Walker |
|  | Title: | Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**![](tm2311036d1_ex99-1img001.jpg)

RLF1 28754456v.1 IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE IN RE SKILLSOFT CORP.) C.A. No. 2023 - 0288 - LWW) [PROPOSED] FINAL ORDER AND JUDGMENT WHEREAS, this Court having reviewed the Verified Petition for Relief Pursuant to 8 Del . C . † 205 (the "Petition") filed by petitioner Skillsoft Corp . , the Court having considered the factors in 8 Del . C . † 205 (d), and for good cause having been shown, IT IS HEREBY ORDERED this day of , 2023, that: 1. The Certificate of Amendment, including the filing and effectiveness thereof, is hereby validated and declared effective as of 12 : 09 p . m . (EDT) on June 10 , 2021 . 1 2. All shares of capital stock of the Company issued in reliance on the effectiveness of the Certificate of Amendment, including the 133 , 059 , 021 shares of Class A Common Stock and 3 , 840 , 000 shares of Class C Common Stock issued by the Company pursuant to the Merger, are hereby validated and declared effective as of the date and time of the original issuance of such shares . 3. The above - captioned action is hereby CLOSED . The Honorable Lori W. Will 1 Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms in the Petition . GRANTED EFiled: Mar 29 2023 03:08PM EDT Transaction ID 69685331 Case No. 2023 - 0288 - LWW

![](tm2311036d1_ex99-1img002.jpg)

This document constitutes a ruling of the court and should be treated as such. Court: DE Court of Chancery Civil Action Judge: Lori W. Will File & Serve Transaction ID: 69666534 Current Date: Mar 29, 2023 Case Number: 2023 - 0288 - LWW Case Name: In re Skillsoft Corp. Court Authorizer: Lori W. Will Court Authorizer Comments: The petition is granted pursuant to Section 205(a) of the Delaware General Corporation Law for the reasons set forth in the court's March 29, 2023 bench ruling. See transcript; see also Opinion Regarding Section 205 Petition, In re Lordstown Motors Corp., 2023 - 0083 - LWW (Del. Ch. Feb. 21, 2023) (setting forth reasoning for granting similar relief in a Section 205 action). /s/ Judge Lori W. Will