SKYX Platforms raises $4 million in private offering
I'm PortAI, I can summarize articles.
SKYX Platforms Corp. has raised $4 million through a private offering of 2 million shares at $2.00 each, closing a Securities Purchase Agreement with a new strategic investor. This move aims to enhance the company's liquidity for working capital and corporate purposes, avoiding public market access. Analysts rate SKYX stock as a Hold with a $2.50 price target, while AI Analyst Spark gives it a Neutral score due to weak financial performance but notes improving trends and revenue growth. SKYX operates in the technology sector, focusing on platform-based solutions and strategic capital raises.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments