SKYX Platforms Extends $9.6 Million Convertible Notes and Secures $2 Million in New Funding

Reuters10-18

<a href="https://laohu8.com/S/SKYX">SKYX Platforms</a> Extends $9.6 Million Convertible Notes and Secures $2 Million in New Funding

SKYX Platforms Corp. has restructured and extended the maturity of $7.6 million in convertible promissory notes by five years to October 17, 2030, and secured an additional $2 million in capital from an existing investor. The company now holds a total of $9.6 million in five-year subordinated secured convertible promissory notes. The new funds will be used for general working capital purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SKYX Platforms Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-018513), on October 17, 2025, and is solely responsible for the information contained therein.

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