SKYX Platforms Corp. Converts $835,900 Board Member Debt to Equity at $2.20 Per Share

Reuters01-02
<a href="https://laohu8.com/S/SKYX">SKYX Platforms</a> Corp. Converts $835,900 Board Member Debt to Equity at $2.20 Per Share

SKYX Platforms Corp. announced that a board member has converted $835,900 of debt, including interest, into company shares. The agreement also extends the maturity date of the note to May 2027, increases the interest rate to 10% per year, and sets the conversion price at $2.20 per share.

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: 0001493152-26-000028), on January 02, 2026, and is solely responsible for the information contained therein.

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