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SKYX Platforms Announces $1M Investment; Investor Purchases 40K Series A-1 Preferred Stock Shares At $25 Each For Working Capital Use
SQL Technologies Corp. (Sky Technologies Corp.) -1.98%
SQL Technologies Corp. (Sky Technologies Corp.) SKYX | 1.24 | -1.98% |
On March 11, 2025, SKYX Platforms Corp. (the "Company") and an investor entered into a Securities Purchase Agreement resulting in gross proceeds to the Company of $1.0 million, pursuant to which the investor purchased 40,000 shares of the Company's Series A-1 Preferred Stock, no par value per share (the "Series A-1 Preferred Stock"), at a purchase price of $25.00 per share.
