SKYX Platforms raises $4 million in private offering

SKYX Platforms ( (SKYX) ) has provided an announcement.

On January 13, 2026, SKYX Platforms Corp. announced it had entered into and closed a Securities Purchase Agreement with a new strategic investor, raising $4 million through the private sale of 2 million shares of common stock at $2.00 per share. The transaction, structured as an exempt private offering under U.S. securities laws and providing the investor with customary registration rights and protections, is expected to bolster the company’s liquidity for working capital and general corporate purposes, reinforcing its financial flexibility without accessing the public markets and signaling continued investor interest in its growth prospects.

The most recent analyst rating on (SKYX) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on SKYX Platforms stock, see the SKYX Stock Forecast page.

Spark’s Take on SKYX Stock

According to Spark, TipRanks’ AI Analyst, SKYX is a Neutral.

The score is held back primarily by weak financial performance (large losses, high leverage, negative equity) and a loss-making valuation profile (negative P/E). Offsetting these are improving technical trends and a more optimistic earnings-call outlook featuring sustained revenue growth, better margins, and initiatives targeting positive cash flow, with corporate financing actions providing some incremental support.

To see Spark’s full report on SKYX stock, click here.

More about SKYX Platforms

SKYX Platforms Corp. operates in the technology and hardware sector, focusing on platform-based solutions that involve its common stock as a primary equity financing instrument and targeting investors through private placements and strategic capital raises to support its ongoing corporate activities.

Average Trading Volume: 1,007,914

Technical Sentiment Signal: Buy

Current Market Cap: $232M

Find detailed analytics on SKYX stock on TipRanks’ Stock Analysis page.