Kohen Ran Roland Amends SKYX Platforms Corp. Ownership Filing

TL;DR

Kohen Ran Roland just updated their SKYX ownership filing. Watch this space.

AI Summary

On November 22, 2024, Kohen Ran Roland filed an amendment (Amendment No. 3) to their Schedule 13D for SKYX Platforms Corp. This filing indicates a change in beneficial ownership of the company's common stock. The filing was made under the Securities Exchange Act of 1934.

Why It Matters

This filing signals a potential shift in control or significant stake changes for SKYX Platforms Corp., which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can precede significant corporate actions or market movements, introducing uncertainty.

Key Players & Entities

• Kohen Ran Roland (person) — Filing party indicating change in beneficial ownership
• SKYX Platforms Corp. (company) — Subject company of the filing
• Rani Kohen (person) — Contact person for SKYX Platforms Corp.
• Jurgita Ashley Thompson Hine LLP (company) — Legal counsel for the filing party

FAQ

Key Financial Figures

• $0.60 — of Common Stock at an exercise price of $0.60 per share, all of which are exercisable
• $12.00 — of Common Stock at an exercise price of $12.00 per share, all of which are exercisable
• $4.00 — n Stock at exercise prices ranging from $4.00 to $12.00 per share that are not exerci

Filing Documents

• formsc13da.htm (SC 13D/A) — 47KB
• 0001493152-24-047444.txt ( ) — 48KB

From the Filing

SC 13D/A 1 formsc13da.htm UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13 d -1( a ) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13 d -2( a ) Under the Securities Exchange Act of 1934 (Amendment No. 3)* SKYX PLATFORMS CORP. (Name of Issuer) Common Stock, no par value per share (Title of Class of Securities) 78471E105 (CUSIP Number) Rani Kohen c/o SKYX Platforms Corp. 2855 W. McNab Road Pompano Beach, Florida 33069 (855) 759-7584 With a copy to : Jurgita Ashley Thompson Hine LLP 3900 Key Center 127 Public Square Cleveland, Ohio 44114 (216) 566-5500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 21, 2024 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ). CUSIP No. 78471E105 13D Page 2 of 4 Pages 1 NAME OF REPORTING PERSON Rani R. Kohen 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS PF; AF; OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 9,259,970 (1) 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 11,399,970 (1)(2) 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON 11,399,970 (1)(2) 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.9% 14 TYPE OF REPORTING PERSON IN (1) Includes (i) 9,143,969 shares of Common Stock held by KRNB Holdings, LLC, of which Mr. Kohen is the sole owner and manager, and (ii) 100,000 shares of Common Stock held by a family member. (2) Includes 2,140,000 shares of Common Stock that may be acquired pursuant to the exercise of stock options that are exercisable within 60 days of the filing of this Statement. CUSIP No. 78471E105 13D Page 3 of 4 Pages This Amendment No. 3 to Statement of Beneficial Ownership on Schedule 13D (this “Amendment No. 3”) amends the Statement of Beneficial Ownership on Schedule 13D filed by Rani Kohen on February 15, 2022 (as amended, the “Schedule 13D” or this “Statement”). Capitalized terms used but not defined in this Amendment No. 3 shall have the meanings set forth in the Schedule 13D. Except as amended and supplemented by this Amendment No. 3, the Schedule 13D remains unchanged. This Amendment No. 3 is being filed to reflect the change in percentage of beneficial ownership held by Mr. Kohen as a result of a change in outstanding shares of Common Stock of the Company and the expiration of certain stock options previously reported as held by Mr. Kohen. Item 5. Interest in Securities of the Issuer. (a) Mr. Kohen beneficially owns in the aggregate 9,259,970 shares of Common Stock, which represents approximately 9.0% of the Company’s outstanding shares of Common Stock and includes 9,143,969 shares of Common Stock directly held by KRNB Holdings, LLC, which Mr. Kohen, as the sole owner and manager of KRNB Holdings, LLC, may be deemed to beneficially own, and 100,000 shares of Common Stock held by a family member. Mr. Kohen also holds options to purchase an aggregate of 2,140,000 shares of Common Stock that are exercisable within 60 days of the date of this Statement and were received as part of his executive officer compensation. Such options include (i) options to purchase 1,000,000 shares of Common Stock at an exercise price of $0.60 per share, all of which are exercisable within 60 days of filing this Common Stock at an exercise price of $12.00 per share, all of which are exercisable within 60 days of filing this Statement, which were granted on January 1, 2022 and expire on January 1, 2027. In addition, Mr. Kohen also holds performance-based options to purchase 17,000,000 shares of Common Stock at exercise

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View this SC 13D/A filing on SEC EDGAR