secwatch.observer — SEC 8-K summary
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Issuer:     SKYX Platforms Corp. (SKYX)
CIK:        0001598981
Form:       8-K
Filed at:   2024-10-04T23:59:59+00:00
Accession:  0001493152-24-039558
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

SKYX Platforms receives Nasdaq notice for failure to meet $1.00 minimum bid price
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- Closing bid price below $1.00 for 30 consecutive business days triggered deficiency notice.
- Company has until March 31, 2025 to regain compliance via 10 consecutive $1.00+ closes.
- If not compliant by March 31, may qualify for additional 180-day period if other standards met.
- Company may consider a reverse stock split to cure the deficiency; no assurance of compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598981/000149315224039558/0001493152-24-039558-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598981/000149315224039558/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-039558

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