Skillsoft Corp. 8-K

What Happened
Skillsoft Corp. (SKIL) announced on June 18, 2026 (Regulation FD disclosure) that EHJob GP LLC has received approval from the General Authority for Competition of Saudi Arabia to clear the previously announced sale of Skillsoft’s Global Knowledge business. The filing states that all required regulatory approvals and clearances for the Transaction have now been obtained, although completion remains subject to satisfaction or waiver of customary closing conditions. The company currently expects the Transaction to close in the second fiscal quarter.

Key Details

• Approval received from the General Authority for Competition of Saudi Arabia (date disclosed: June 18, 2026).
• Buyer named: EHJob GP LLC.
• Transaction: sale of Skillsoft’s Global Knowledge business (previously announced).
• All required regulatory approvals and clearances obtained; closing still subject to customary closing conditions and expected in the second fiscal quarter.

Why It Matters
Regulatory clearance is a major milestone toward completing the divestiture of Global Knowledge. If the Transaction closes as expected, Skillsoft will transfer that business to the buyer, which may affect the company’s future revenue mix and cash position once closing occurs. Investors should monitor further announcements confirming closing, any changes to timing, and any disclosed financial terms or impacts in future filings.