# EDGAR Filing Document

**Accession Number:** 0001598981
**File Stem:** 0001493152-26-000028
**Filing Date:** 2026-1
**Character Count:** 10934
**Document Hash:** 19708dd0c7d78cc3efcea2332ff2e567
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-000028.hdr.sgml**: 20260102

**ACCESSION NUMBER**: 0001493152-26-000028

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20251230

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260102

**DATE AS OF CHANGE**: 20260102

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SKYX Platforms Corp.
- **CENTRAL INDEX KEY:** 0001598981
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC LIGHTING & WIRING EQUIPMENT [3640]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 463645414
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41276
- **FILM NUMBER:** 26500396

**BUSINESS ADDRESS:**
- **STREET 1:** 2855 W. MCNAB ROAD
- **CITY:** POMPANO BEACH
- **STATE:** FL
- **ZIP:** 33069
- **BUSINESS PHONE:** (855) 759-7584

**MAIL ADDRESS:**
- **STREET 1:** 2855 W. MCNAB ROAD
- **CITY:** POMPANO BEACH
- **STATE:** FL
- **ZIP:** 33069

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SQL Technologies Corp.
- **DATE OF NAME CHANGE:** 20160812

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Safety Quick Lighting & Fans Corp.
- **DATE OF NAME CHANGE:** 20140203

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): December 30, 2025**

**SKYX PLATFORMS CORP.**

(Exact name of Registrant as Specified in its Charter)

---

| | | |
|:---|:---|:---|
| **Florida** | **001-41276** | **46-3645414** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

**2855 W. McNab Road** 

**Pompano Beach, Florida 33069**

(Address of principal executive offices, including zip code)

Registrant's telephone number, including area code: **(855) 759-7584**

**Not Applicable**

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14A-22 under the Exchange Act (17 CFR 240.14A-22)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading symbol(s) | Name of each exchange on which registered |
| **Common Stock, no par value per share** | **SKYX** | **The Nasdaq Stock Market LLC** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 1.01** **Entry into a Material Definitive Agreement.**

On December 31, 2025, a member of the Company's Board of Directors converted $835,900, representing the full principal balance plus accrued and unpaid interest from 2020, under his Subordinated Convertible Balloon Promissory Note issued by SKYX Platforms Corp. (the "Company") on November 3, 2020 (the "Note") into shares of the Company's common stock.

On December 30, 2025, the Company and the holder entered into an amendment to the Note (the "Note Amendment"), extending the maturity date to May 1, 2027, increasing the interest rate to ten percent (10%) per year, and adjusting the conversion price to $2.20 per share. The Note Amendment is effective as of the original maturity date of the Note. No other terms of the Note were changed.

The foregoing summary of the Note Amendment does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Note Amendment, a copy of which is filed as [Exhibit 10.1](ex10-1.htm) to this Current Report on Form 8-K (this "Current Report") and is incorporated herein by reference.

**Item 3.02** **Unregistered Sales of Equity Securities.**

The disclosures set forth under Item 1.01 of this Current Report are incorporated by reference in this Item 3.02. The issuance of the Note and the shares of common stock upon conversion of the Note was deemed to be exempt from registration pursuant to Section 4(a)(2) of the Securities Act, including Regulation D and Rule 506 promulgated thereunder, as transactions by the Company not involving a public offering.

**Item 9.01** **Financial Statements and Exhibits.**

---

| | |
|:---|:---|
| **Exhibit Number** | **Description** |
| 10.1 | [Amendment No. 1 to Subordinated Convertible Balloon Promissory Note, dated December 30, 2025.](ex10-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**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.** | **SKYX PLATFORMS CORP.** |
| Date: January 2, 2026 | By: | */s/ Leonard J. Sokolow* |
|  | Name: | Leonard J. Sokolow |
|  | Title: | Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

**AMENDMENT NO. 1 TO**

**SUBORDINATED CONVERTIBLE BALLOON PROMISSORY NOTE**

**THIS AMENDMENT NO. 1 TO SUBORDINATED CONVERTIBLE BALLOON PROMISSORY NOTE** (this "<u>Amendment</u>") is made as of December 30, 2025 by and between SKYX Platforms Corp., a Florida corporation (collectively with its subsidiaries and affiliates the "<u>Company</u>"), and Shiff Group Investments Ltd. (the "<u>Holder</u>").

**WHEREAS**, the Company issued to the Holder a Subordinated Convertible Balloon Promissory Note dated November 3, 2020 (the "<u>Note</u>"); and

**WHEREAS**, the parties desire to amend the Note, and pursuant to Section 7 of the Note, an amendment contemplated by the parties must be contained in an instrument in writing signed by the parties.

**NOW, THEREFORE, IN CONSIDERATION** of the mutual covenants contained in this Amendment, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties agree as follows:

**1. <u>Definitions</u>.** Capitalized terms used and not defined in this Amendment have the respective meanings assigned to them in the Note.

**2. <u>Amendments to the Note</u>.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The definitions of the Maturity Date, as defined in Section 1 of the Note, is hereby amended by replacing the first sentence of Section 1 of the Note with the following:

"Unless sooner converted in accordance with <u>Section 3</u>, the principal on this Note is due and payable on May 1, 2027 (the "Maturity Date")."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Interest rate in Section 2 of the Note is hereby amended by increasing the Interest rate from six percent (6%) to ten percent (10%), effective as of January 1, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Section 3(a) of the Note is hereby amended by replacing it with the following:

"(a) This Note shall be convertible into shares of the Company's common stock ("Common Stock") in the sole and absolute discretion of the Holder prior to or on the Maturity Date and shall convert into that number of Common Stock as shall equal (i) the principal amount of the Note plus accrued and unpaid interest as of the conversion date divided by (ii) USD $2.20 per share of Common Stock."

**3. <u>Date of Effectiveness; Limited Effect</u>.** This Amendment will be deemed effective as of the earlier of the original Maturity Date of the Note. To the extent that the Note matured prior to the date of this Amendment, the Note continued to accrue interest in accordance with Section 2 of the Note and the Holder waives any right to acceleration or default interest pursuant to Section 4 in connection with the foregoing. Except as expressly provided in this Amendment, all of the terms and provisions of the Note are and will remain in full force and effect and are hereby ratified and confirmed by the parties. Each reference in the Note to "this Note," "the Note," "hereunder," "hereof," "herein" or words of like import, and each reference to the Note in any other agreements, documents or instruments executed and delivered pursuant to, or in connection with, the Note, will mean and be a reference to the Note as amended by this Amendment.

**4. <u>Miscellaneous</u>.** This Amendment constitutes the sole and entire agreement of the parties with respect to the subject matter contained herein, and supersedes all prior and contemporaneous understandings, agreements, representations and warranties, both written and oral, with respect to such subject matter. The headings in this Amendment are for reference only and do not affect the interpretation of this Amendment. This Amendment is governed by, and construed in accordance with, the laws of the State of Florida, without regard to the conflict of laws provisions of such State. This Amendment may be executed in any number of counterparts and by electronic transmission or facsimile, each of which when so executed and delivered shall be deemed to be an original and all of which counterparts taken together shall constitute but one and the same instrument.

SIGNATURE PAGE TO AMENDMENT NO. 1 TO

SUBORDINATED CONVERTIBLE BALLOON PROMISSORY NOTE

**IN WITNESS WHEREOF**, the parties have executed this Amendment as of the date first written above.

---

| | | | |
|:---|:---|:---|:---|
| **COMPANY:** | **COMPANY:** | **HOLDER:** | **HOLDER:** |
| SKYX PLATFORMS CORP. | SKYX PLATFORMS CORP. | SHIFF GROUP INVESTMENTS LTD. | SHIFF GROUP INVESTMENTS LTD. |
| By: | */s/ Leonard J. Sokolow* | By: | */s/ Dov Shiff* |
| Name: | Leonard J. Sokolow | Name: | Dov Shiff |
| Title: | Chief Executive Officer | Title: | CEO |

---

 

*SIGNATURE PAGE TO AMENDMENT NO. 1 TO*

*SUBORDINATED CONVERTIBLE BALLOON PROMISSORY NOTE*