Quarterly report [Sections 13 or 15(d)]

Note 14 - Related Party Transactions

v3.25.2
Note 14 - Related Party Transactions
6 Months Ended
Jul. 31, 2025
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

(14)    Related Party Transactions

 

Agreement with Largest Shareholder

 

In January 2025, Skillsoft entered into an agreement to provide off-the-shelf Skillsoft products to companies affiliated with Prosus N.V. and Naspers Ltd. (collectively known as “Prosus Companies”) for an aggregate of $0.8 million over three years (the "Prosus Commercial Agreement"). In June 2025, the parties updated the Prosus Commercial Agreement to consolidate and reallocate the services previously included in the parties' approximately $84,000 March 2024 agreement. In April 2025, the parties also entered into an additional one-year off-the-shelf product agreement for specific training products for approximately $69,000.