Corporate events rarely come out of nowhere. The shelf room, the cash running low, the debt coming due, the clause in a four-year-old exhibit: it is all public, spread across years of filings. Millman reads every filing as soon as it lands and puts each company's history together, so the next event doesn't catch your book by surprise.
GET /v1/companies/SKYH/position?as_of=2026-08-12T16:05-04:00{ "headroom": { "shelf": "333-278275", "capacity_usd_m": 200.0, "remaining_usd_m": 194.3, "atm_remaining_usd_m": 95.2, "takedowns_last_8m": 2, "expires": "2027-04-10" }, "triggers": { "earnings_day": true, "results_filed": "10-Q, accepted 16:01", "cash_afs_usd_m": 19.0, "cash_afs_prior_usd_m": 75.8, "return_20d_pct": 17.1, "close_usd": 11.49, "close_at_60d_high": true, "warrants_outstanding_m": 15.8, "warrant_strike_usd": 11.50 } }
Four companies, four kinds of events. Each time, the headroom and the trigger were in earlier filings, dated to the day they became public.
All four equity raises came after a report showing $35m or less. None followed the reports showing $40m to $76m; the ATM sold under $5m in all.
White Mountains' 2017 and 2022 tenders each followed an 8-K on the sale of a business. The Bamboo 8-K did not mention a buyback; the tender came 49 days later, and the stock closed 8.6% above its level on the day of that 8-K.
The warehouse cut and the tripped loan test were on file at $3.24, five weeks before the going-concern warning took the stock under $1. After that, the dated signs belonged to the bondholders.
The merger 8-K named the security eight months before it was sold. It launched in the last earnings window before the expected close; the stock fell 8.5% the next day and was back above its pre-launch price by 18 Sep.
Every filing is classified first, then read with the fields that event type needs. What's still missing from a filing is recorded as not stated, never left blank.
More than 500 fields are defined across the 25 event types. Whatever the type, a record carries the same four things, keyed so it joins to the data you already hold.
Companies and securities carry the standard identifiers, so records plug into your own systems without a mapping step.
The instrument investors actually buy or lend under, one row per class.
What the agreement says, and the dates and events that change it.
Every named entity in its role, and every firm tied to the party it works for.
An event runs across many filings. Each filing is resolved to the event it belongs to and updates its status, so nothing is counted twice.
424B5Programme opened10-QShares sold in the quarter…8-KProgramme terminated424B2Notes priced8-KOffering closed…8-KNotes redeemed8-KAgreement signedDEFM14AShareholder vote called…8-KMerger closedA language model does the reading, and it has to show its work. Each value is stored with the sentence it came from, and code checks that the sentence is in the filing. A value we can't find there is flagged.
424B5
accepted 16:11:31 ETEvery filing is taken with the time the SEC accepted it.
event_type = follow_onOne of 25 event types. The type decides which fields are read.
stated_gross_proceeds:
$40,000,000The model returns each value with the sentence it read it from.
accepted_at · version
· never overwrittenDated to SEC acceptance. An amendment adds a version and the old one stays.
Parquet · Snowflake
· daily snapshot · APIThe quote and the acceptance time travel with every value.
4,000,000 Shares
Sky Harbour Group Corporation
Class A Common Stock
We are offering 4,000,000 shares of our Class A common stock, $0.0001 par value per share (“Common Stock”) at a price of $10.00 per share in a registered direct offering to certain investors […]
The gross proceeds to us, before expenses, from the registered direct offering will be $40,000,000. Our costs, expenses, and fees incidental to this offering are estimated at $150,000 and are payable by us.
We currently intend to use the net proceeds from the registered direct offering for general corporate purposes.
[…] have agreed that for a period of 90 days following the date of this prospectus supplement, subject to certain exceptions, the Lock-Up Parties will not sell, pledge, or otherwise transfer or dispose of […]
| field | value | status | quote | page | accepted_at | version |
|---|---|---|---|---|---|---|
| shares_offered | 4000000 | found | “We are offering 4,000,000 shares of our Class A common stock…” | cover | 2026-08-12T16:11:31-04:00 | 1 |
| price_per_share | 10.00 | found | “…at a price of $10.00 per share in a registered direct offering…” | cover | 2026-08-12T16:11:31-04:00 | 1 |
| stated_gross_proceeds | 40000000 | found | “The gross proceeds to us, before expenses, from the registered direct offering will be $40,000,000.” | cover | 2026-08-12T16:11:31-04:00 | 1 |
| lockup_days | 90 | found | “…for a period of 90 days following the date of this prospectus supplement…” | S-5 | 2026-08-12T16:11:31-04:00 | 1 |
| use_of_proceeds | general corporate purposes | found | “We currently intend to use the net proceeds from the registered direct offering for general corporate purposes.” | S-5 | 2026-08-12T16:11:31-04:00 | 1 |
Design partners shape what Millman becomes: which events, which fields, how much history, and the scores that come next. You get the data first and a direct line to the founder.
“Value is left on the table because nobody can read every filing and every exhibit as fast as they arrive. The detail that matters most is often buried in the fine print. I started shorting companies I could see were running out of cash, and the pattern was always strikingly similar, a history of dilutive raises, and a drawdown when the new one came. But I could only read 10-Qs and prospectuses for a handful of names; now I'm building Millman so a fund can see it on every company, as soon as the filings land.”
Send a few tickers and we'll come back with their records. You'll hear from the founder directly, and only when there's something to show.
Early, and moving fast. The schema covers 25 event types and more than 500 fields, and extraction runs on real filings today. Design partners decide which events and how much history get built out first.
Records for the companies you follow, like the Sky Harbour example, and a conversation about what you'd need. Scope and delivery are agreed with each fund during early access.
That's where this is going. Today you get the record: what is on file, dated and cited. Next is a score per company and event type for how likely it is to raise, buy back, refinance or transact. Scores ship once they've been tested on years the model never saw.
No. Everything comes from public SEC filings, timestamped at SEC acceptance.
Companies that file with the SEC, including delisted and bankrupt issuers. Design partners help set what gets prioritised next.
Pricing is set with the first design partners. They keep founding-partner pricing after launch.