other material
confidence high
sentiment neutral
materiality 0.50
SKYX raises $4M from strategic investor via 2M share placement at $2/share
SKYX Platforms Corp.
- Gross proceeds $4,000,000 from sale of 2,000,000 common shares at $2.00 each to a new strategic investor.
- Proceeds earmarked for working capital and general corporate purposes.
- Offering exempt under Section 4(a)(2) and Regulation D; investor receives customary registration rights.
- As of Sep 30, 2025, SKYX had ~112.6M shares outstanding; the 2M new shares represent ~1.8% dilution.