FAQ on SKYX Platforms Corp.'s $4 Million Strategic Investment and $15 Million Funding Round

What is SKYX Platforms Corp.?

SKYX Platforms Corp. is a smart home platform technology company with over 97 issued and pending patents, aiming to make homes and buildings safe-advanced and smart as the new standard.

How much funding did SKYX Platforms Corp. secure and from whom?

SKYX Platforms Corp. secured approximately $4 million from strategic investors through preferred stock priced at $2.00 per share, as part of a broader $15 million financing round led by The Shaner Group, with participation from SKYX insiders.

What will the funding be used for?

The funding will support general working capital and corporate initiatives as the company advances its home innovation platform and e-commerce portfolio.

Who are the key insiders involved in the investment?

Key insiders include President Steve Schmidt and Co-CEOs Lenny Sokolow and John Campi.

Where can I find more information about SKYX Platforms Corp.?

For more information, visit SKYX Platforms Corp.’s website at https://skyplug.com/ or follow them on LinkedIn.

Where can I view the full press release about the funding?

The full press release can be viewed at https://ibn.fm/4T7gi.

What is the significance of this funding for SKYX Platforms Corp.?

This funding is significant as it provides the necessary capital to advance the company’s smart home platform technology and e-commerce initiatives, reinforcing its mission to make homes and buildings safe-advanced and smart.

How does SKYX Platforms Corp. differentiate itself in the smart home technology market?

SKYX Platforms Corp. differentiates itself with over 97 U.S. and global patents and patent pending applications, focusing on high quality, ease of use, and enhancing safety and lifestyle in homes and buildings.