Mithril Funds Complete Full Exit from BlackSky Through Pro Rata Distributions
BKSY has more than doubled off its 52-week low of $12.41.
Summary
Mithril funds distributed all 2.3 million BlackSky shares to their partners, fully exiting their position.
Key Events · Ownership and Investor Activity · BKSY
-
Complete Exit by Mithril Funds
On June 5, 2026, Mithril LP distributed 1,298,328 shares and Mithril II LP distributed 1,030,175 shares to their partners, reducing both funds' ownership to zero.
-
No Market Sale
The distributions were pro rata and without additional consideration, meaning shares were transferred to fund partners rather than sold on the open market.
-
Removal of Overhang
The exit removes a potential future selling pressure from these institutional holders, though the distributed shares may now be sold by individual partners.
-
First Disclosure
This amendment is the first public disclosure of the June 5, 2026 distributions, filed on August 20, 2026.
Analysis · BKSY · Manufacturing
On June 5, 2026, Mithril LP and Mithril II LP distributed their entire combined stake of 2,328,503 shares to their partners, bringing their ownership to zero. This marks a complete exit by a long-term institutional holder, disclosed for the first time in this amendment. While the distribution itself is not a market sale, it removes a significant overhang and signals the funds' final disposition of their position.
How filings like this one have moved
In the 30 days to Aug 22, 2026, 29.1% of the 2927 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BKSY was trading at $26.73 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $12.41 to $52.88. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.