Skillsoft completes sale of Global Knowledge business for $5.4M upfront plus $10M deferred

Filed July 10, 2026 · Period ending July 6, 2026 · ~1 min read

Key Changes

• high

  Skillsoft closed the divestiture of its Global Knowledge instructor-led training business to Enduring Ventures affiliate for approximately $5.4M initial consideration (via seller note) plus $10M deferred consideration payable over five quarterly installments starting nine months post-close.

  Item 2.01 — Completion of Acquisition or Disposition of Assets verify on EDGAR →
• medium

  The $5.4M upfront payment is structured as a seller note due July 31, 2026 (with $2M extendable to October 31, 2026), secured by the buyer's cash and receivables; deferred payments are guaranteed by the buyer and secured by transferred intellectual property.

  Item 2.01 — Completion of Acquisition or Disposition of Assets verify on EDGAR →
• medium

  Skillsoft retains a 30% earnout on any sale, merger, or recapitalization of the Global Knowledge business within three years, providing upside participation if the buyer resells at a higher valuation.

  Item 2.01 — Completion of Acquisition or Disposition of Assets verify on EDGAR →