SKYX increases Series A-1 preferred stock designation to 480k shares

SKYX Platforms Corp.

Increased Series A-1 Preferred Stock designated shares from 400,000 to 480,000, effective May 2, 2025.
Amendment to Certificate of Designation approved by Board and majority of Series A-1 holders.
Original issue price of Series A-1 Preferred Stock is $25.00 per share.
The additional 80,000 shares may be used for future financing or corporate purposes.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

SKYX Platforms Corp.: Increased number of shares designated as Series A-1 Preferred Stock from 400,000 to 480,000 (effective 2025-05-02).

Change: charter amendment
Effective: 2025-05-02

Exact text from the filing

Effective May 2, 2025, SKYX Platforms Corp. (the “Company”) filed an Articles of Amendment (the “Amendment”) to the Certificate of Designation of Rights, Preferences and Privileges of Series A-1 Preferred Stock, no par value (the “Series A-1 Preferred Stock”), having an original issue price of $25.00 per share, with the Division of Corporations of the Florida Department of State.

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Source: SEC EDGAR

accession 0001641172-25-009300

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