SKYX Platforms falls out of Nasdaq board independence, audit committee compliance after director death

• SKYX Platforms fell out of compliance with Nasdaq governance rules following the death of independent director Efrat L. Greenstein Brayer.
• The board no longer meets the requirement for a majority of independent directors or a three-member audit committee.
• Nasdaq granted a cure period lasting until the earlier of the next annual meeting or Sept. 26, 2027.
• If the annual meeting occurs before March 25, 2027, compliance must be restored by March 25, 2027.
• The Nasdaq listing remains unaffected for now, pending restoration of compliance within the cure period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SKYX Platforms Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-045379), on October 01, 2026, and is solely responsible for the information contained therein.