SKYX Platforms Corp. Files 8-K with Key Agreements and Equity Sales
Ticker: SKYX · Form: 8-K · Filed: Oct 17, 2025 · CIK: 1598981
| Field | Detail |
|---|---|
| Company | Skyx Platforms Corp. (SKYX) |
| Form Type | 8-K |
| Filed Date | Oct 17, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $7.6 million, $2 million, $9.6 million, $8.9 million, $700,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, equity-sale
TL;DR
SKYX Platforms Corp. dropped an 8-K: new deals, debt, and stock sales filed Oct 17, 2025.
AI Summary
On October 17, 2025, SKYX Platforms Corp. filed an 8-K report detailing several significant events. These include entering into a material definitive agreement, creating a direct financial obligation, and reporting unregistered sales of equity securities. The filing also includes financial statements and exhibits.
Why It Matters
This 8-K filing indicates potential new financial commitments and equity transactions for SKYX Platforms Corp., which could impact its financial structure and shareholder equity.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements, financial obligations, and unregistered equity sales, which can introduce financial and operational risks.
Key Players & Entities
- SKYX Platforms Corp. (company) — Registrant
- October 17, 2025 (date) — Date of earliest event reported
- Florida (location) — State of incorporation
- 46-3645414 (organization_id) — IRS Employer Identification Number
- SQL Technologies Corp. (company) — Former company name
- Safety Quick Lighting & Fans Corp. (company) — Former company name
FAQ
What type of material definitive agreement did SKYX Platforms Corp. enter into?
The filing indicates SKYX Platforms Corp. entered into a material definitive agreement, but the specific details of the agreement are not provided in this summary.
What is the nature of the direct financial obligation created by SKYX Platforms Corp.?
The 8-K report states that SKYX Platforms Corp. created a direct financial obligation, but the specifics of this obligation are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on October 17, 2025.
What were SKYX Platforms Corp.'s former company names?
SKYX Platforms Corp. was formerly known as SQL Technologies Corp. and Safety Quick Lighting & Fans Corp.
What is the SIC code for SKYX Platforms Corp.?
The Standard Industrial Classification (SIC) code for SKYX Platforms Corp. is 3640, which corresponds to ELECTRIC LIGHTING & WIRING EQUIPMENT.
Filing Stats: 994 words · 4 min read · ~3 pages · Grade level 10.3 · Accepted 2025-10-17 17:15:40
Key Financial Figures
- $7.6 million — with an aggregate principal balance of $7.6 million by 5 years to October 17, 2030, and sec
- $2 million — years to October 17, 2030, and secured $2 million in additional capital from one of its l
- $9.6 million — esult, the Company will have a total of $9.6 million in 5-year subordinated secured converti
- $8.9 million — w note in the total principal amount of $8.9 million and amending two of the outstanding not
- $700,000 — ding notes with the principal amount of $700,000 for a 5-year term (collectively, the "$
- $9.6 Million — 0 for a 5-year term (collectively, the "$9.6 Million Notes"). The $2 million of incremental
- $1.20 — s common stock at a conversion price of $1.20 per share. The $9.6 Million Notes bear
Filing Documents
- form8-k.htm (8-K) — 45KB
- ex4-1.htm (EX-4.1) — 93KB
- ex4-2.htm (EX-4.2) — 25KB
- ex10-1.htm (EX-10.1) — 121KB
- 0001493152-25-018513.txt ( ) — 503KB
- skyx-20251017.xsd (EX-101.SCH) — 3KB
- skyx-20251017_lab.xml (EX-101.LAB) — 34KB
- skyx-20251017_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SKYX PLATFORMS CORP. Date: October 17, 2025 By: /s/ Leonard J. Sokolow Name: Leonard J. Sokolow Title: Chief Executive Officer