Sep 30, 2022 | Business
SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a “Sky Technologies”) (“SKYX,” “we” or “the Company”), a highly disruptive platform technology company with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today announced that it secured a 10-year roof right lease for signage on one of the tallest buildings in downtown Miami, across the street from the Miami Heat FTX Arena and Biscayne Bay.
The new building is located on 400 Biscayne Blvd (US-1) and will include office space, residential as well as a high-end modern hotel. The downtown Miami area is both a U.S. and international hub for world leading companies – with the SKYX rooftop signage expected to be seen by tens of millions, including on TV shows and on Miami skyline imagery.
As part of the lease, SKYX has also secured a high-end, state of the art, high ceiling office space with 360-degree views and expects to open its U.S. and international sales offices, as well as its corporate headquarters, in the new location in 2023. As part of the agreement, the Company can start paying rent in January 2024. In addition, the Landlord will provide the Company with an improvement allowance of up to $2.25 million, which may be used for the construction of the Premises, including the reasonable cost of design, space planning, consultants, and construction drawings. The Company intends to use part of the office space and to sublease the remainder to minimize expenses.
Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: “Securing a long-term lease for SKYX signage and offices in the heart of downtown Miami provides an incredible level of brand awareness for SKYX. As reported, FTX paid $135 million to secure a long-term lease for naming of our next-door neighbor’s building, the Miami Heat Arena, now called FTX arena – and that speaks for itself.
“As we position ourselves to embark on our commercialization journey, this provides a significant foundation for our company on many levels. I look forward to moving into this exciting new space and elevating our public profile through continued operational execution, with the objective of creating sustainable, long-term value for our shareholders,” concluded Kohen.
To view images of the new office location, click here: https://skyplug.com/pr7/
To learn more about SKYX’s technology, access the explainer video link here: SkyXPlug.com/video
About SKYX Platforms Corp.
As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the standard.
SKYX Platforms Corp. (NASDAQ: SKYX) has a series of highly disruptive advanced-safe-smart platform technologies, with over 60 U.S. and global patents and patent pending applications. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com or follow us on LinkedIn.
Cautionary Statement Concerning Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause the Company’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Our estimates of the addressable market for our products may prove to be incorrect. The projected demand for our products could materially differ from actual demand. Forward-looking statements speak only as of the date they are made and include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its smart products and technologies, including commencement of presales, the Company’s efforts and ability to drive the adoption of Sky’s Plug Smart Platforms into multi-family residential buildings and communities and adoption by hotels, ability to capture market share, ability to execute on any sales and licensing opportunities, ability to achieve code mandatory status for the SkyPlug, and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
For the terms of the lease, see the Company’s current report on Form 8-K filed with the Securities and Exchange Commission on September 29, 2022. Under the terms of the lease, the Company does not expect to pay any rent for the first fourteen months of the lease, taking into account a six month build out period (which may be extended for up to four months), and four additional months of rent abatement after the rent commencement date. The Company may extend the build out period for four one month periods, provided that for each one month extension exercised, the annual base rent will increase by $1.00 per square foot. The signage is subject to obtaining necessary permits. The images included in this press release are for demonstration purposes only and are not necessarily representative of any signage expected to be installed.
Investor Relations Contact:
Lucas A. Zimmerman
MZ North America
(949) 259-4987
SKYX@mzgroup.us
Aug 10, 2022 | International
Tender of 2-Year Exchange Fund Notes to be held on August 19
************************************************************
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) announces that a tender of 2-year Exchange Fund Notes will be held on August 19 (Friday) for settlement on August 22 (Monday), as set out in the published tentative issuance schedule. This is to roll over an issue of 2-year Exchange Fund Notes maturing on the same day.
A total of HK$1,200 million 2-year Notes will be on offer, of which HK$5 million will be made available for offer to members of the public who wish to submit non-competitive tender bids through Hong Kong Securities Clearing Company Limited (HKSCC). If the Notes reserved for non-competitive tender are under-subscribed, the non-subscribed amount will be added to the portion of notes for competitive tender (initially set at HK$1,195 million). The Notes will mature on August 22, 2024 and will carry interest at the rate of 2.84 per cent per annum payable semi-annually in arrears.
Members of the public who wish to submit non-competitive tender applications for Notes that are open to HKSCC may do so through Stock Exchange Participants/Brokers, or for those who hold Investor Accounts of the Central Clearing and Settlement System (CCASS) at the HKSCC, directly through HKSCC, for submission to the HKMA for processing. Competitive tender applications for the Notes must be submitted through any of the Eligible Market Makers appointed by the HKMA, with the current published list available on the HKMA’s website at www.hkma.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-competitive tender.
The tender results will be published on the HKMA’s website, the Refinitiv screen (HKMAOOE), and Bloomberg. Applicants who submitted non-competitive tender bids through HKSCC may also obtain the tender results from Stock Exchange Participants/Brokers, or for applicants who hold Investor Accounts at HKSCC’s CCASS from the CCASS terminal for CCASS Broker/Custodian/Participants and CCASS Phone System.
HKMA Exchange Fund Note Programme Tender Information
______________________________________________________
Tender information of 2-Year Exchange Fund Notes:
| Issue Number |
: |
02Y2408 |
| Stock code |
: |
4091 (EFN 2.84 2408) |
| Tender date and time |
: |
August 19, 2022 (Friday)
9.30am to 10.30am |
| Issue and Settlement Date |
: |
August 22, 2022 (Monday) |
| Amount on offer |
: |
HK$1,200 million
(up to HK$5 million for non-competitive tender) |
Commencement of/
deadline for
submission of non-competitive tender bids by retail investors through HKSCC |
: |
Please refer to requirements as set down by HKSCC |
| Maturity |
: |
Two years |
| Maturity Date |
: |
August 22, 2024 (Thursday) |
| Interest Rate |
: |
2.84 per cent p.a. |
| Interest Payment Dates |
: |
February 22, 2023
August 22, 2023
February 22, 2024
August 22, 2024 |
| Tender amount |
: |
Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-competitive tender. Members of the public who wish to apply for the Notes through non-competitive tenders that are open to HKSCC may do so through Stock Exchange Participants/Brokers, or for those who hold Investors Accounts at HKSCC’s CCASS, directly through HKSCC. Members of the public who wish to apply for the Notes through competitive tender may only do so through any of the Eligible Market Makers on the current published list. |
| Other details |
: |
Please see Information Memorandum published or approach Eligible Market Makers, HKSCC, or brokers who are Exchange Participants of the Stock Exchange of Hong Kong. |
| Expected commencement date of dealing on the Stock Exchange of Hong Kong |
: |
August 23, 2022 (Tuesday) |
Price/Yield Table of the new EFN at tender for reference* only:
| Yield-to-Maturity |
Price |
Yield-to-Maturity |
Price |
| 1.840 |
101.97 |
2.840 |
100.04 |
| 1.890 |
101.87 |
2.890 |
99.94 |
| 1.940 |
101.78 |
2.940 |
99.85 |
| 1.990 |
101.68 |
2.990 |
99.75 |
| 2.040 |
101.58 |
3.040 |
99.66 |
| 2.090 |
101.48 |
3.090 |
99.56 |
| 2.140 |
101.39 |
3.140 |
99.47 |
| 2.190 |
101.29 |
3.190 |
99.38 |
| 2.240 |
101.19 |
3.240 |
99.28 |
| 2.290 |
101.09 |
3.290 |
99.19 |
| 2.340 |
101.00 |
3.340 |
99.09 |
| 2.390 |
100.90 |
3.390 |
99.00 |
| 2.440 |
100.80 |
3.440 |
98.91 |
| 2.490 |
100.71 |
3.490 |
98.81 |
| 2.540 |
100.61 |
3.540 |
98.72 |
| 2.590 |
100.52 |
3.590 |
98.63 |
| 2.640 |
100.42 |
3.640 |
98.53 |
| 2.690 |
100.32 |
3.690 |
98.44 |
| 2.740 |
100.23 |
3.740 |
98.35 |
| 2.790 |
100.13 |
3.790 |
98.25 |
| 2.840 |
100.04 |
3.840 |
98.16 |
* Disclaimer: The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here.
Feb 9, 2022 | International
Tender of 2-Year Exchange Fund Notes to be held on February 18
**************************************************************
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) announces that a tender of 2-year Exchange Fund Notes will be held on February 18 (Friday) for settlement on February 21 (Monday), as set out in the tentative issuance schedule announced on November 15, 2021. This is to roll over an issue of 2-year Exchange Fund Notes maturing on the same day.
A total of HK$1,200 million 2-year Notes will be on offer, of which HK$5 million will be made available for offer to members of the public who wish to submit non-competitive tender bids through Hong Kong Securities Clearing Company Limited (HKSCC). If the Notes reserved for non-competitive tender are under-subscribed, the non-subscribed amount will be added to the portion of notes for competitive tender (initially set at HK$1,195 million). The Notes will mature on February 21, 2024 and will carry interest at the rate of 0.94 per cent per annum payable semi-annually in arrears.
Members of the public who wish to submit non-competitive tender applications for Notes that are open to HKSCC may do so through Stock Exchange Participants/Brokers, or for those who hold Investor Accounts of the Central Clearing and Settlement System (CCASS) at the HKSCC, directly through HKSCC, for submission to the HKMA for processing. Competitive tender applications for the Notes must be submitted through any of the Eligible Market Makers appointed by the HKMA, with the current published list available on the HKMA’s website at www.hkma.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-competitive tender.
The tender results will be published on the HKMA’s website, the Refinitiv screen (HKMAOOE), and Bloomberg. Applicants who submitted non-competitive tender bids through HKSCC may also obtain the tender results from Stock Exchange Participants/Brokers, or for applicants who hold Investor Accounts at HKSCC’s CCASS from the CCASS terminal for CCASS Broker/Custodian/Participants and CCASS Phone System.
HKMA Exchange Fund Note Programme Tender Information
—————————————————————–
Tender information of 2-Year Exchange Fund Notes:
| Issue number |
: |
02Y2402 |
| Stock code |
: |
4088 (EFN 0.94 2402) |
| Tender date and time |
: |
February 18, 2022 (Friday)
9.30am to 10.30am |
| Issue and settlement date |
: |
February 21, 2022 (Monday) |
| Amount on offer |
: |
HK$1,200 million
(up to HK$5 million for non-competitive tender) |
Commencement of/
deadline for
submission of non-competitive tender bids by retail investors through HKSCC |
: |
Please refer to requirements as set down by HKSCC |
| Maturity |
: |
Two years |
| Maturity date |
: |
February 21, 2024 (Wednesday) |
| Interest rate |
: |
0.94 per cent p.a. |
| Interest payment dates |
: |
August 22, 2022
February 21, 2023
August 21, 2023
February 21, 2024 |
| Tender amount |
: |
Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-competitive tender. Members of the public who wish to apply for the Notes through non-competitive tenders that are open to HKSCC may do so through Stock Exchange Participants/Brokers, or for those who hold Investors Accounts at HKSCC’s CCASS, directly through HKSCC. Members of the public who wish to apply for the Notes through competitive tender may only do so through any of the Eligible Market Makers on the current published list. |
| Other details |
: |
Please see Information Memorandum published or approach Eligible Market Makers, HKSCC, or brokers who are Exchange Participants of the Stock Exchange of Hong Kong. |
| Expected commencement date of dealing on the Stock Exchange of Hong Kong |
: |
February 22, 2022 (Tuesday) |
Price/Yield Table of the new EFN at tender for reference* only:
| Yield-to-Maturity |
Price |
Yield-to-Maturity |
Price |
| -0.06 |
102.00 |
0.94 |
100.00 |
| -0.01 |
101.90 |
0.99 |
99.91 |
| 0.04 |
101.80 |
1.04 |
99.81 |
| 0.09 |
101.70 |
1.09 |
99.71 |
| 0.14 |
101.60 |
1.14 |
99.61 |
| 0.19 |
101.50 |
1.19 |
99.51 |
| 0.24 |
101.40 |
1.24 |
99.42 |
| 0.29 |
101.30 |
1.29 |
99.32 |
| 0.34 |
101.20 |
1.34 |
99.22 |
| 0.39 |
101.10 |
1.39 |
99.12 |
| 0.44 |
101.00 |
1.44 |
99.03 |
| 0.49 |
100.90 |
1.49 |
98.93 |
| 0.54 |
100.80 |
1.54 |
98.83 |
| 0.59 |
100.70 |
1.59 |
98.74 |
| 0.64 |
100.60 |
1.64 |
98.64 |
| 0.69 |
100.50 |
1.69 |
98.54 |
| 0.74 |
100.40 |
1.74 |
98.45 |
| 0.79 |
100.30 |
1.79 |
98.35 |
| 0.84 |
100.20 |
1.84 |
98.26 |
| 0.89 |
100.10 |
1.89 |
98.16 |
| 0.94 |
100.00 |
1.94 |
98.07 |
*Disclaimer: The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here.
Aug 12, 2021 | International
Tender of 2-Year Exchange Fund Notes to be held on August 20
************************************************************
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) announces that a tender of 2-year Exchange Fund Notes will be held on August 20 (Friday) for settlement on August 23 (Monday), as set out in the tentative issuance schedule announced on May 14. This is to roll over an issue of 2-year Exchange Fund Notes maturing on the same day.
A total of HK$1,200 million 2-year Notes will be on offer, of which HK$5 million will be made available for offer to members of the public who wish to submit non-competitive tender bids through Hong Kong Securities Clearing Company Limited (HKSCC). If the Notes reserved for non-competitive tender are under-subscribed, the non-subscribed amount will be added to the portion of notes for competitive tender (initially set at HK$1,195 million). The Notes will mature on August 23, 2023 and will carry interest at the rate of 0.15 per cent per annum payable semi-annually in arrears.
Members of the public who wish to submit non-competitive tender applications for Notes that are open to HKSCC may do so through Stock Exchange Participants/Brokers, or for those who hold Investor Accounts of the Central Clearing and Settlement System (CCASS) at the HKSCC, directly through HKSCC, for submission to the HKMA for processing. Competitive tender applications for the Notes must be submitted through any of the Eligible Market Makers appointed by the HKMA, with the current published list available on the HKMA’s website at www.hkma.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-competitive tender.
The tender results will be published on the HKMA’s website, the Reuters screen (HKMAOOE), and Bloomberg. Applicants who submitted non-competitive tender bids through HKSCC may also obtain the tender results from Stock Exchange Participants/Brokers, or for applicants who hold Investor Accounts at HKSCC’s CCASS from the CCASS terminal for CCASS Broker/Custodian/Participants and CCASS Phone System.
HKMA Exchange Fund Note Programme Tender Information
——————————————————————
Tender information of 2-Year Exchange Fund Notes:
| Issue number |
: |
02Y2308
|
| Stock code |
: |
4086 (EFN 0.15 2308)
|
| Tender date and time |
: |
August 20, 2021 (Friday)
9.30am to 10.30am
|
Issue and settlement date
|
: |
August 23, 2021 (Monday)
|
| Amount on offer |
: |
HK$1,200 million
(up to HK$5 million for non-competitive tender)
|
Commencement of/
deadline for
submission of non-competitive tender bids by retail investors through HKSCC
|
: |
Please refer to requirements as set down by HKSCC |
| Maturity |
: |
Two years
|
| Maturity date |
: |
August 23, 2023 (Wednesday)
|
| Interest rate |
: |
0.15 per cent p.a.
|
| Interest payment dates |
: |
February 23, 2022
August 23, 2022
February 23, 2023
August 23, 2023
|
| Tender amount |
: |
Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-competitive tender. Members of the public who wish to apply for the Notes through non-competitive tenders that are open to HKSCC may do so through Stock Exchange Participants/ Brokers, or for those who hold Investors Accounts at HKSCC’s CCASS, directly through HKSCC. Members of the public who wish to apply for the Notes through competitive tender may only do so through any of the Eligible Market Makers on the current published list.
|
| Other details |
: |
Please see Information Memorandum published or approach Eligible Market Makers, HKSCC, or brokers who are Exchange Participants of the Stock Exchange of Hong Kong.
|
| Expected commencement date of dealing on the Stock Exchange of Hong Kong |
: |
August 24, 2021 (Tuesday) |
Price/Yield Table of the new EFN at tender for reference* only:
| Yield-to- Maturity |
Price |
Yield-to-Maturity |
Price |
| -0.85 |
102.03 |
0.15 |
100.00 |
| -0.80 |
101.92 |
0.20 |
99.90 |
| -0.75 |
101.82 |
0.25 |
99.80 |
| -0.70 |
101.72 |
0.30 |
99.70 |
| -0.65 |
101.62 |
0.35 |
99.60 |
| -0.60 |
101.51 |
0.40 |
99.50 |
| -0.55 |
101.41 |
0.45 |
99.40 |
| -0.50 |
101.31 |
0.50 |
99.31 |
| -0.45 |
101.21 |
0.55 |
99.21 |
| -0.40 |
101.11 |
0.60 |
99.11 |
| -0.35 |
101.01 |
0.65 |
99.01 |
| -0.30 |
100.90 |
0.70 |
98.91 |
| -0.25 |
100.80 |
0.75 |
98.81 |
| -0.20 |
100.70 |
0.80 |
98.72 |
| -0.15 |
100.60 |
0.85 |
98.62 |
| -0.10 |
100.50 |
0.90 |
98.52 |
| -0.05 |
100.40 |
0.95 |
98.42 |
| 0.00 |
100.30 |
1.00 |
98.33 |
| 0.05 |
100.20 |
1.05 |
98.23 |
| 0.10 |
100.10 |
1.10 |
98.13 |
| 0.15 |
100.00 |
1.15 |
98.03 |
*Disclaimer: The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here.
