On May 14, 2026, the Company executed a definitive Reseller Agreement with Accelevate. This agreement significantly expands the Company's footprint in Africa. Through its subsidiary SKYE AI USA, LLC, the Company secured exclusive rights for the territory of the African continent and all countries within for an initial term of five (5) years. This exclusivity remains subject to annual renewal based on minimum revenue thresholds applicable to subsequent consecutive years.

 

Under the terms of this agreement, the licensor of the respective technology is entitled to 35% of the gross revenue (excluding hardware) generated from such sales. The agreement also establishes a joint Pricing Committee and include standard provisions for indemnification and confidentiality.

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