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The latest update is out from SQL Technologies ( (SKYX) ).
Between May 6, 2025, and May 12, 2025, SQL Technologies entered into Securities Purchase Agreements with investors, resulting in an anticipated offering closure of $1,875,000 before transaction expenses. The investors are purchasing 75,000 shares of Series A-1 Preferred Stock at $25.00 per share, with proceeds intended for working capital and general corporate purposes. The agreements include customary representations, warranties, and registration rights, and the issuance was exempt from registration under the Securities Act of 1933.
The most recent analyst rating on (SKYX) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on SQL Technologies stock, see the SKYX Stock Forecast page.
Spark’s Take on SKYX Stock
According to Spark, TipRanks’ AI Analyst, SKYX is a Neutral.
SKYX Technologies is experiencing significant revenue growth and strategic partnerships that present a positive outlook. However, persistent losses, high leverage, and negative cash flow weigh heavily on the score. Technical indicators and valuation metrics provide mixed signals, contributing to a cautious overall score.
To see Spark’s full report on SKYX stock, click here.
More about SQL Technologies
Average Trading Volume: 397,065
Technical Sentiment Signal: Hold
Current Market Cap: $137.9M
See more data about SKYX stock on TipRanks’ Stock Analysis page.