SKYX Platforms Receives Equity Investment From Philotimo Fund

MT Newswires Live

01/15

SKYX Platforms (SKYX) said Wednesday it received a $4 million equity investment from Philotimo Fund, expected to bolster its balance sheet and accelerate growth across its commercial and smart home initiatives.

The institutional firm purchased 2 million common shares of the company at $2 apiece, according to a statement.

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