Italiabro
$SKYX Just saw a “Compliance alert” on my Fidelity account regarding $SKYX. Did a little research and learned that an independent director suddenly passed away. My understanding is that the company has six months to replace that individual.
This may help explain some of the weakness in the stock over the past week or two. With the recently announced merger and what appears to be a solid financial position, I believe investors should keep an eye on developments, including the appointment of a new independent director and the completion of the merger.
Hopefully, we’ll get more clarity in the coming weeks. Just sharing what I found with the investment community.
May the director rest in peace. 🙏🏼
1
7
