SKYX Announces Additional $4 million in Recent Preferred Stock Funding Representing $2 Per Share from Strategic Investors in a Round Totaling $15 million Led by Global Marriott Hotels Chain Owner The Shaner Group

Funding Announcement - SKYX Technologies has secured approximately $4 million in recent funding from strategic investors through the purchase of preferred stock at $2.00 per share [1] - This investment is part of a broader financing round totaling approximately $15 million to date, led by The Shaner Group, which owns and develops over 70 hotels worldwide [1][2] - The funding round also saw substantial participation from company insiders, including SKYX President Steve Schmidt and Co-CEOs Lenny Sokolow and John Campi, indicating their confidence in the company's strategic vision and growth trajectory [2] Company Overview - SKYX Technologies is focused on creating advanced and smart home platform technologies, holding over 97 issued and pending patents globally [3] - The company owns more than 60 lighting and home décor websites, catering to both retail and commercial segments [3] - SKYX aims to enhance safety and lifestyle in homes and buildings, positioning its products as essential in every room [3]