Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
SKYX Platforms Corp. reported three months ended September 30, 2022 results: net income $5.7 million.
- Period
- three months ended September 30, 2022
- Net income
- $5.7 million
- Result
- reported results
Exact text from the filing
Net loss, which includes stock-based compensation of $1.3 million for the quarter ended September 30, 2022, totaled $5.7 million
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
SKYX Platforms Corp. entered into corporate advisory engagement agreement with Newbridge Securities Corporation valued at Issuance of 200,000 restricted shares of common stock, vesting over 18 months (effective 2022-11-09).
- Action
- entry
- Agreement
- collaboration
- Counterparty
- Newbridge Securities Corporation
- Value
- Issuance of 200,000 restricted shares of common stock, vesting over 18 months
- Effective
- 2022-11-09
Exact text from the filing
On November 9, 2022 (the “Effective Date”), SKYX Platforms Corp. (d/b/a Sky Technologies) (the “Company”) entered into a corporate advisory engagement agreement (the “Agreement”) with Newbridge Securities Corporation (“Newbridge”), pursuant to which Newbridge agreed to provide financial and general corporate advisory services to the Company in connection with certain investment banking matters, such as assisting with investor presentations and investor conferences, providing advice related to capital structures, capital market opportunities and asset allocation or exit strategies, and assisting with the preparation of a due diligence package for use in potential merger and acquisition, joint venture and capital raising transactions.
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