SkyAI Appoints Veteran Finance Executive Arthur Levine as Chief Financial Officer

SkyAI (NASDAQ: SKYA), a financial technology company focused on agentic finance for the Global South, appointed Arthur Levine as Chief Financial Officer, effective immediately.

Rhea-AI Summary

SkyAI (NASDAQ: SKYA), a financial technology company focused on agentic finance for the Global South, appointed Arthur Levine as Chief Financial Officer, effective immediately.

Levine is a CPA with 30+ years of multinational public-company experience, including leading IPOs, capital raises, and profitability and scaling initiatives at prior employers.

Positive

• New CFO with 30+ years of public-company finance and accounting leadership
• Extensive capital markets experience, including IPOs, follow-on financings, and reverse merger and M&A transactions
• Track record in high-growth environments, including prior role during approximately 400% revenue growth at EzFill Holdings
• History of supporting profitability, including helping Sensus Healthcare return to profitability

Negative

• None.

Argus May 29 session

+3.39% close to close Open Argus

Details

News Market Reaction – SKYA

In the May 29 session, SKYA gained 3.39%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds an experienced CFO with more than 30 years in high-growth and public companie...

Analysis

This announcement adds an experienced CFO with more than 30 years in high-growth and public companies, including leading IPOs and overseeing periods of 400% revenue growth. Coming shortly after SkyAI’s rebrand and strategic pivot toward agentic finance for the Global South, it reinforces the build-out of capital markets and operational expertise. Investors may watch how leadership executes on expansion plans and whether future disclosures demonstrate traction relative to the recent 82.73% share-price decline.

Key Figures

Price change 24h: -82.73% Share price: $1.77 Trading volume: 203,575 shares +5 more

Price change 24h

-82.73%

Move prior to CFO appointment news

Share price

$1.77

Current price before news

Trading volume

203,575 shares

Today vs 20-day average of 71,263

Distance from 52-week high

-83.38%

Versus 52-week high of $10.65

Proximity to 52-week low

7.93% above low

52-week low of $1.64

200-day moving average

$9.92

Price trading below long-term trend

Revenue growth

400%

EzFill revenue growth during Levine’s IPO tenure

Industry experience

More than 30 years

Levine’s finance leadership across multiple industries

Historical Context

1 past event · Latest: May 27

1 event

1. May 27

   Rebrand and pivot

   24h Move

   -82.7%

   Rebranding to SkyAI and pivot to agentic finance for Global South.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

initial public offering, follow-on financing, reverse merger, m&a transactions, +1 more

5 terms

initial public offering financial

"he led the company’s initial public offering during a period of revenue growth"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

follow-on financing financial

"where he led the company’s initial public offering and subsequent follow-on financing"

A follow-on financing is when a company that is already public raises additional money by selling new shares or similar securities after its initial stock sale. Think of it like a business asking for another round of funding to refill its gas tank for growth, pay down debt, or buy something strategic; for investors it can provide needed capital but may dilute existing ownership and signal how healthy the company’s cash needs are.

reverse merger financial

"growth companies engaged in IPO, reverse merger and M&A transactions"

A reverse merger is when a private company becomes publicly traded by combining with an already listed public shell company, allowing the private business to gain a stock market listing without going through a traditional IPO. Investors care because this shortcut can be faster and cheaper than an IPO but often comes with less regulatory vetting and market visibility, so it can mean higher uncertainty about valuation, financial transparency, and future liquidity.

m&a transactions financial

"growth companies engaged in IPO, reverse merger and M&A transactions"

M&A transactions are deals in which one company buys, merges with, or combines operations with another—this includes purchases of stock, assets, or complete mergers. They matter to investors because such deals can quickly change a company’s size, costs, revenue and risk profile; like two households merging finances or one buying another’s business, M&A can boost growth or create hidden costs, affecting share prices, debt levels and future profits.

sec reporting regulatory

"developing extensive expertise in capital market transactions, SEC reporting, corporate governance"

SEC reporting is the process by which publicly traded companies regularly share important financial information with the government agency responsible for overseeing the stock market. This information helps investors understand a company's financial health and make informed decisions, much like how a doctor’s check-up provides insight into a person's well-being. Consistent and transparent reporting ensures trust and fairness in the financial markets.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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• Mission-critical appointment with extensive public company, multinational, and emerging growth experience as SkyAI advances its agentic finance platform
• Marks the latest step in the Company’s evolution as it continues building out its leadership team to support initiatives serving the Global South

NEW YORK, May 29, 2026 (GLOBE NEWSWIRE) -- SkyAI, Inc. (NASDAQ: “SKYA”) (“SkyAI” or the “Company”), a financial technology company building agentic finance for the Global South, today announced the appointment of Arthur Levine as Chief Financial Officer, effective immediately.

Mr. Levine will be a key member of the Executive Team as SkyAI builds out its infrastructure to support the next phase of its global expansion strategy.

“We believe expanding financial access across emerging markets represents a substantial opportunity,” said Alice Zhang, Chief Investment Officer of SkyAI. “Arthur brings significant experience helping public and early-stage companies scale through transformational periods, and his leadership will play an important role as we continue advancing our platform globally.”

“Arthur’s multinational finance expertise and track record at multiple public companies makes him an exceptional addition to the SkyAI leadership team,” said Paul Danner, Executive Chairman of SkyAI. “He will play a pivotal role in enhancing financial operations as we seek to deliver long-term value for shareholders.”

“I am thrilled to join SkyAI at such an important stage in its evolution,” said Arthur Levine, Chief Financial Officer of SkyAI. “The Company presents a compelling opportunity to meet the needs of an underserved market, and I look forward to working alongside the leadership team to strengthen our foundation and execute on our long-term growth strategy.”

Mr. Levine is a seasoned public company finance executive and Certified Public Accountant with more than 30 years of experience leading finance organizations across fintech, software, healthcare and other high-growth industries. Throughout his career, he has played a key role in guiding companies through IPOs, capital raises and scaling initiatives.

Previously, Mr. Levine served as Chief Financial Officer of EzFill Holdings, Inc., where he led the company’s initial public offering during a period of revenue growth of approximately 400% and established the financial and reporting infrastructure necessary to support their rapidly expanding public company needs. He also served as Chief Financial Officer of Sensus Healthcare, Inc., where he led the company’s initial public offering and subsequent follow-on financing, and helped the company return to profitability while strengthening the organization’s infrastructure to support continued growth. Over a career spanning more than three decades, Mr. Levine has held senior finance and accounting leadership positions with various emerging growth and publicly traded companies, developing extensive expertise in capital market transactions, SEC reporting, corporate governance, strategic planning, organizational scaling, and business transformation initiatives. He has recently served as a CFO consultant to several growth companies engaged in IPO, reverse merger and M&A transactions.

Mr. Levine holds a B.S. in Accounting and Economics from The Wharton School of the University of Pennsylvania and is a Certified Public Accountant in the State of New York. He also currently serves as an advisory board member of the Wharton Club of South Florida and is a founding board member of the South Florida chapter of the CFO Leadership Council.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this release other than statements of historical fact are forward-looking statements, including statements regarding the Company’s strategy and product roadmap and the potential opportunities such initiatives may create. Forward-looking statements are based on current expectations, assumptions, and beliefs, and involve risks and uncertainties that could cause actual results to differ materially.

These risks and uncertainties include, among others: the Company’s ability to successfully execute its AI technology strategy; and general market, economic, and business conditions. Additional risks are described in the “Risk Factors” section of the Company’s filings with the Securities and Exchange Commission (the “SEC”), which are available on the SEC’s website at www.sec.gov.

Forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update or revise these statements, whether as a result of new information, future developments, or otherwise, except as required by law.

About SkyAI

SkyAI, Inc. (Nasdaq: SKYA), formerly Sharps Technology, Inc., is building Agentic Finance for the Global South. The Company combines stablecoin rails with AI to deliver financial access, education, and actionable intelligence to the billions of underbanked users across Asia, Latin America, and Africa. For additional information, please visit www.theskyai.co.

Media Contact
Edelman Smithfield
SkyAI@edelmansmithfield.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did SkyAI (NASDAQ: SKYA) announce on May 29, 2026 about its CFO?

SkyAI announced that veteran finance executive Arthur Levine has been appointed Chief Financial Officer, effective immediately. According to SkyAI, Levine joins the executive team as the company strengthens its financial infrastructure to support the next phase of its global expansion strategy in emerging markets.

Who is Arthur Levine, the new SkyAI (SKYA) Chief Financial Officer?

Arthur Levine is a seasoned public company finance executive and Certified Public Accountant with over 30 years’ experience. According to SkyAI, his background spans fintech, software, healthcare and other high-growth industries, with leadership roles in IPOs, capital raises, SEC reporting, and organizational scaling.

What relevant experience does SkyAI CFO Arthur Levine bring to SKYA shareholders?

Arthur Levine brings extensive capital markets and scaling experience, including leading IPOs and follow-on financings at multiple companies. According to SkyAI, he previously helped EzFill Holdings during approximately 400% revenue growth and supported Sensus Healthcare’s return to profitability while strengthening financial infrastructure.

How might Arthur Levine’s appointment impact SkyAI (SKYA) growth strategy?

Levine’s appointment is intended to support SkyAI’s next phase of global expansion and agentic finance initiatives. According to SkyAI, he will focus on enhancing financial operations and infrastructure as the company targets underserved markets across the Global South and executes its long-term growth strategy.

What is SkyAI’s business focus as it appoints Arthur Levine as CFO?

SkyAI is a financial technology company building an agentic finance platform focused on the Global South’s underserved markets. According to SkyAI, Levine will help develop the financial foundation and capital markets readiness needed to expand this platform across emerging markets and deliver long-term shareholder value.

What is Arthur Levine’s educational and professional accreditation background relevant to SkyAI (SKYA)?

Arthur Levine holds a B.S. in Accounting and Economics from The Wharton School of the University of Pennsylvania. According to SkyAI, he is also a Certified Public Accountant in New York and serves on advisory and leadership boards linked to finance and CFO networks.