Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SKYX Platforms Corp. entered into Placement Agency Agreement with Roth Capital Partners, LLC (effective 2026-01-23).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- Roth Capital Partners, LLC
- Effective
- 2026-01-23
Exact text from the filing
Roth Capital Partners, LLC acted as the exclusive placement agent (the “Placement Agent”) on a best efforts basis in connection with the Offering pursuant to that certain placement agency agreement, dated January 23, 2026 (the “Placement Agency Agreement”), by and between the Company and the Placement Agent. Pursuant to the Placement Agency Agreement, the Placement Agent will receive a cash fee of 6.5% of the aggregate gross proceeds paid to the Company for the securities sold in the Offering and reimbursement of certain out-of-pocket expenses of $75,000.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SKYX Platforms Corp. entered into Purchase Agreement with an institutional investor valued at approximately $25.0 million (effective 2026-01-23).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- an institutional investor
- Value
- approximately $25.0 million
- Effective
- 2026-01-23
Exact text from the filing
On January 23, 2026, SKYX Platforms Corp. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with an institutional investor, pursuant to which the Company agreed to issue to the purchaser in a registered direct offering (the “Offering”) 10,000,000 shares of the Company’s common stock, no par value per share (the “Common Stock”), at an offering price of $2.50 per share. The aggregate gross proceeds to the Company from the Offering will be approximately $25.0 million, before deducting placement agent fees and other estimated offering expenses.
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