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SKYX Platforms Corp. says it might be removed from Nasdaq because it didn't follow listing rules.

RulesRead the original at SEC EDGAR
Bad for SKYX

SKYX no longer meets 2 Nasdaq board requirements after an independent director died. Its listing is not affected now, but it could be at risk if the company cannot fill the board and audit committee gaps by the deadline.

SKYX · SKYX Platforms Corp.

AI read · Bad for SKYX

The AI's read

SKYX now needs enough independent directors and audit committee members to meet Nasdaq's rules. If it misses the deadline, its listing could be at risk. The company plans to fix the gaps, and its listing is not affected now. But it cannot promise it will fix the problem in time, so the listing risk remains.

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