Highest-materiality recent filing
SKYX completes Deako merger; issues 25M shares, $8.5M note at 12%; SKYX holders keep 84.4%
Closed merger with Deako, Inc. on Oct 13, 2026; issued 25,000,000 SKYX shares subject to 12-month lock-up with 25% releases at 12, 15, 18, 21 months.
Independent director Efrat L. Greenstein Brayer, chair of the nominating and corporate governance committee and member of the audit and compensation committees, died September 26, 2026.
SKYX signs merger with Deako: 25M shares (18.46%) plus $4M cash and $8.5M note
SKYX to acquire Deako, AI smart home firm, for 25M shares (18.46% of SKYX) plus $4M cash and $8.5M senior secured note at 12% interest.
SKYX reports record Q2 2026 revenue of $25.3M, up 14% QoQ; net loss improves to $8.2M
Q2 2026 revenue $25.3M, up 14% vs Q1 2026 ($22.1M) and 10% vs Q2 2025 ($23.1M); 10th consecutive YoY growth quarter.
SKYX Platforms reports 2026 Annual Meeting results; all director nominees elected
All seven director nominees elected: Rani R. Kohen, Nancy DiMattia, Gary N. Golden, Efrat L. Greenstein Brayer, Thomas J. Ridge, Dov Shiff, Leonard J. Sokolow.
SKYX reports record Q1 revenue of $22M (+10% YoY); gross margin improves to 30%.
Revenue $22M (record), +10% YoY from $20M in Q1 2025; 9th consecutive YoY growth quarter.
SKYX reports Q4 record revenue $25M; FY2025 revenue $92M, raised $29M in Jan 2026
Q4 2025 revenue $25M (record); annual revenue $92M vs $86M in 2024, up 7% YoY.
SKYX raises $25M in registered direct offering at $2.50/share, 10M shares
Issued 10M shares at $2.50 each for gross proceeds of $25M to one institutional investor.
SKYX raises $4M from strategic investor via 2M share placement at $2/share
Gross proceeds $4,000,000 from sale of 2,000,000 common shares at $2.00 each to a new strategic investor.
SKYX closes $500K preferred stock sale, increases Series A-2 authorized shares to 160K
Gross proceeds of $500,000 from sale of 20,000 shares Series A-2 Preferred at $25/share to existing and new strategic investors.
SKYX amends convertible note with director; extends maturity to 2027, conversion at $2.20/share
Conversion of $835,900 principal plus accrued interest into ~379,954 shares at $2.20/share on Dec 31, 2025.
SKYX Platforms raises $1.0M through issuance of Series A-2 Preferred Stock
Issued 40,000 shares of Series A-2 Preferred Stock at $25/share for $1.0M gross proceeds to an existing strategic investor.
SKYX reports record Q3 revenue $24M; signs major smart-home deals in Middle East and Miami
Revenue $24M (+4% QoQ, +9% YoY); gross profit $8M (+8% QoQ), margin 32%.
SKYX extends $7.6M notes to 2030, secures $2M new capital from lead investor
Restructured four convertible notes totaling $7.6M into $9.6M of new 5-year notes due Oct 17, 2030.
John Campi retires as Co-CEO of SKYX Platforms; Sokolow becomes sole CEO effective Sept 30, 2025
John Campi retired as Co-CEO effective September 30, 2025, per the company's succession plan.
SKYX secures $3.25M new capital via restructuring $2.75M notes into $6M convertible note due 2030
Restructured two existing convertible promissory notes with aggregate principal of $2.75M; maturity extended to September 2, 2030.
SKYX Q2 2025 Record Revenue of $23.1M, up 15% QoQ; Net Loss $0.08/shr
Revenue $23.1M (record Q2), up 15% from Q1 $20.1M and 8% from Q2 2024 $21.4M.
SKYX pre-announces record Q2 2025 revenue of $23.1M, up 15% sequentially
Preliminary Q2 2025 revenue $23.1M vs Q1 2025 $20.1M; six consecutive quarters of growth since Q1 2024.
SKYX Platforms announces 2025 annual meeting vote results; all director nominees elected
All seven director nominees elected: Rani Kohen, Nancy DiMattia, Gary Golden, Efrat Brayer, Thomas Ridge, Dov Shiff, Leonard Sokolow.
Revenue of $20.1M, up 6% from $18.9M in Q1 2024; gross profit $5.7M, up 2% sequentially from Q4 2024.
SKYX Platforms raises $1.875M through Series A-1 Preferred Stock offering
Gross proceeds of $1.875M from sale of 75,000 Series A-1 Preferred shares at $25 per share.
SKYX increases Series A-1 preferred stock designation to 480k shares
Increased Series A-1 Preferred Stock designated shares from 400,000 to 480,000, effective May 2, 2025.
SKYX Platforms raises $975,000 in Series A-1 Preferred Stock offering
Gross proceeds of $975,000 from sale of 39,000 Series A-1 Preferred shares at $25.00 per share.
SKYX reports 48% revenue growth in FY2024 to $86.3M; net loss narrows to $0.36/share
Full-year revenue $86.3M (+48% YoY from $58.8M); Q4 record revenue $23.7M.
SKYX Platforms amends bylaws for proxy rules; annual meeting July 9
Board adopted Third Amended and Restated Bylaws effective March 21, 2025, updating stockholder nomination procedures.
SKYX pre-announces record Q4 2024 revenue of $23.7M; secures additional $1M preferred funding
Q4 2024 revenue $23.7M (record), up from $22.2M Q3; quarterly revenue grew sequentially all 2024 from $19M Q1.
SKYX Platforms raises $1.0M via sale of 40,000 Series A-1 Preferred shares
Gross proceeds of $1.0 million from issuance of 40,000 Series A-1 Preferred Shares at $25.00 per share on March 11, 2025.
Term ends Dec 31, 2027; either party may terminate with 30 days' notice.
SKYX reports record Q3 revenue of $22.2M; adjusted EBITDA loss of $2.6M
Revenue of $22.2M, up 3% sequentially and from $21.6M in Q3 2023; gross profit $6.8M, up 4% sequentially.
SKYX regains Nasdaq bid-price compliance; delisting risk removed
Received Nasdaq notice on Oct 22, 2024 confirming compliance with Listing Rule 5550(a)(2).
SKYX Platforms raises $11M via convertible preferred stock; insiders participate
Sold 440,000 shares of Series A and A-1 preferred at $25 each for $11M gross.
SKYX Platforms receives Nasdaq notice for failure to meet $1.00 minimum bid price
Closing bid price below $1.00 for 30 consecutive business days triggered deficiency notice.
SKYX authorizes 400K shares each of Series A and A-1 Preferred Stock
Filed certificates of designation for Series A and Series A-1 Preferred Stock on Sep 30, 2024.
SKYX subsidiary Belami enters $3.5M secured revolving credit line with Farmers & Merchants Bank
Belami, Inc. secured a $3.5M revolving line of credit from Farmers & Merchants Bank, increasing and renewing prior facility.
SKYX Q2 revenue $21.4M (record), net loss narrows to $0.08/shr, adj EBITDA loss improves
Revenue $21.4M (record, +42.7% YoY); net loss $7.5M ($0.08/shr) vs $12.3M ($0.14/shr) YoY.
SKYX stockholders approve Amended and Restated 2021 Stock Incentive Plan, adding 20M shares
Shareholders approved plan amendment increasing authorized shares by 20M to 40M total.
SKYX reports record Q1 revenue of $19.0M, net loss widens to $9.7M
Q1 revenue $19.0M (record), up 2.2% from $18.6M in Q1 2023.
SKYX issues $1M convertible note to GE at $1.07/sh, reduces $1.4M payment by $400k
Issued $1.0M zero-interest convertible note to GE Trademark Licensing, conversion price $1.07 per share.
SKYX reports record 2023 revenue of $58.8M; net loss $39.7M
Revenue $58.8M in 2023 (vs $32,022 in 2022); Q4 record $22.2M.
SKYX renews GE licensing agreement, restructures trademark royalty payments over 13 quarters
Renewed five-year MSA with GE Technology Development for global licensing of standard and smart products; replaces 2019 agreement.
SKYX Platforms reports record Q3 revenue of $21.6M; net loss widens to $7.2M
Record Q3 revenue of $21.6M; gross profit $6.7M (31% margin).
SKYX subsidiary Belami enters $3M revolver and $1.5M term loan with Farmers & Merchants Bank
$3.0M secured revolving line of credit, prime rate (floor 7.5%), matures Sept 5, 2024.
SKYX Platforms appoints Leonard J. Sokolow as Co-CEO
Leonard J. Sokolow appointed Co-CEO effective September 12, 2023; continues as board member.
SKYX files NEC application for mandatory safety standardization of ceiling outlet receptacle
Application seeks mandatory NEC safety standard for ceiling outlet receptacle platform (WSCR/WSAF).
SKYX Q2 revenue $15M (partial quarter), net loss $0.14/share; Belami acquisition closed
Revenue of $15M in Q2 2023, reflecting partial quarter of sales including smart plug & play products.
SKYX reports over $14M in sales for partial Q2 2023; products on 16 websites
Over $14 million (unaudited) in sales for partial second quarter 2023.
Seven directors elected: Rani R. Kohen, Nancy DiMattia, Gary N. Golden, Efrat L. Greenstein Brayer, Thomas J. Ridge, Dov Shiff, Leonard J. Sokolow.
SKYX Platforms enters $20M ATM equity offering agreement with Benchmark
Entered ATM sales agreement with Benchmark to sell up to $20M of common stock at market prices.
SKYX Q1 net loss narrows to $8.0M; completes two acquisitions, cash $23.1M
Net loss of $8.0M vs $11.9M in Q1 2022; includes $3.0M stock-based compensation and $0.4M transaction costs.
SKYX acquired all outstanding shares of Belami on April 28, 2023; terms not disclosed in this filing.
On September 13, 2023, SKYX Platforms Corp. (the “Company”) announced that on September 12, 2023, its Board of Directors (the “Board”) appointed Leonard J. Sokolow as Co-Chief Executive Officer of the Company, effective immediately .
On June 28, 2022, Phillips S. Peter, age 90, who served as a director of SKYX Platforms Corp. (the “Company”) since November 2012, notified the Company that due to health issues and late age he will be retiring from the Company’s board of directors, effective immediately.
effective February 9, 2022, upon the effectiveness of the Registration Statement, Nancy DiMattia, Gary N. Golden and Efrat L. Greenstein Brayer were appointed as members of the Company’s Board of Directors.
effective February 9, 2022, upon the effectiveness of the Registration Statement, Nancy DiMattia, Gary N. Golden and Efrat L. Greenstein Brayer were appointed as members of the Company’s Board of Directors.
effective February 9, 2022, upon the effectiveness of the Registration Statement, Nancy DiMattia, Gary N. Golden and Efrat L. Greenstein Brayer were appointed as members of the Company’s Board of Directors.
Max materiality 0.85 · Median 0.60 · Most common event earnings