Welcome to our dedicated page for SKYX Platforms SEC filings (Ticker: SKYX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
SKYX Platforms Corp. filings document the regulatory record for a Nasdaq-listed smart home and building technology company with common stock registered under the symbol SKYX. Current reports include furnished financial-results releases, material definitive agreements, securities purchase agreements, common stock issuances, and subordinated secured convertible promissory notes used to raise capital and restructure outstanding debt.
The company’s SEC filings also describe capital-structure terms such as conversion prices, interest provisions, maturity extensions, beneficial ownership limitations, and registration rights. Governance disclosures include executive succession matters, while material-event reports connect financing activity and operating-result announcements to SKYX’s commercialization of electrical fixture, lighting, fan, heating, and smart-platform products.
SKYX Platforms Corp. reported that Chief Executive Officer and director Leonard J. Sokolow had 19,673 shares of common stock withheld on September 12, 2026 to satisfy tax withholding obligations related to vesting restricted stock units at $1.35 per share. Following this tax-withholding disposition, he holds 931,149 common shares directly, including 167,500 RSUs that vest over future dates. The filing also lists multiple outstanding stock options, a subordinated convertible promissory note convertible at $3.00 per share, and 10,000 shares of Series A-1 Preferred Stock convertible into 208,334 common shares. No Rule 10b5-1 trading plan is reported.
SKYX Platforms Corp. (SKYX) filed a Form D for an exempt offering of equity securities in connection with its acquisition of Deako, Inc. The offering relies on Rule 506(b) of Regulation D and is structured as stock consideration in a merger transaction rather than a cash capital raise.
The filing reports a total amount sold of $25,250,000, representing the aggregate value of 25,000,000 shares of SKYX common stock to be issued as merger consideration and 250,000 shares to be issued to a broker of the target. This is a new notice, with the first sale reported as occurring on September 9, 2026, and no remaining amount to be sold. The issuer declined to disclose its revenue range and reports no finders’ fees.
SKYX Platforms Corp. (SKYX) entered into an Agreement and Plan of Merger to acquire Deako, Inc., an AI smart home and lighting systems company, through a merger in which Deako will become a wholly owned subsidiary. As consideration, SKYX will issue 25,000,000 shares of common stock, equal to 18.46% of its outstanding shares, plus cash payments and debt financing.
Deako’s senior lenders will initially hold the merger shares in escrow under a Rule 10b5-1 trading plan, subject to a 12‑month lockup followed by staged releases at 12, 15, 18 and 21 months after closing. SKYX will pay Deako’s senior lenders $4.0 million in cash and issue $8.5 million of senior secured promissory notes bearing 12.0% annual interest, with portions due 120 days and 12 months after closing. Closing is subject to customary conditions, including Deako securityholder approval, and the merger agreement may be terminated if conditions are not met or waived by October 31, 2026.
SKYX Platforms Corp. received an updated institutional ownership report on its common stock. Alyeska Investment Group, L.P., Alyeska Fund GP, LLC, and Anand Parekh together report beneficial ownership of 1,555,509 shares of SKYX common stock, representing 1.16% of the class. The group has no sole voting or dispositive power but holds shared voting and shared dispositive power over all 1,555,509 shares. This amendment reflects that the filers now own 5 percent or less of the outstanding common stock, and it is being made as a joint filing under a joint filing statement.
SKYX Platforms Corp. reported higher sales but continued losses for the quarter and six months ended June 30, 2026. Revenue for the six months rose to $47.4 million from $43.2 million, driven mainly by greater unit sales of lighting and heating products, including early contributions from advanced and smart offerings.
Total operating expenses for the six months increased to $62.6 million, keeping the business unprofitable, with a six‑month net loss of $17.5 million and adjusted EBITDA of $(7.4) million. Nonetheless, the balance sheet strengthened: cash, cash equivalents and restricted cash increased to $27.7 million, total assets to $74.1 million, and stockholders’ equity turned positive at $13.7 million, supported by $27.4 million in net equity issuance and warrant exercises. Total debt, mainly convertible notes, declined modestly to $17.3 million. The company continues to invest heavily in share‑based compensation and marketing as it scales its smart‑platform product strategy while operating with negative operating cash flow.
SKYX Platforms Corp. reported record second-quarter 2026 revenue of $25.3 million, a 14% increase from $22.1 million in Q1 2026 and a 10% increase from $23.1 million in Q2 2025, marking 10 consecutive quarters of year-over-year growth. First-half 2026 revenue was $47.4 million versus $43.2 million in 2025.
Gross profit was $7.3 million in Q2 2026 and $13.9 million for the first half, up 4% and 10% year over year, respectively. The company still posted a Q2 net loss of $8.2 million and a first-half net loss of $17.5 million, with adjusted EBITDA loss of $3.5 million for Q2 and $7.4 million for the first half.
Cash and cash equivalents increased to $25.7 million (and $27.7 million including restricted cash) as of June 30, 2026, helped by $29.0 million in common stock offering proceeds. Management reports a 39% reduction in cash used in operating activities in Q2 versus Q1 and states it believes available cash is sufficient to achieve goals including becoming cash flow positive as it exits 2026. The company highlights expanding hotel and builder projects in the U.S., Europe, and the Middle East and ongoing efforts toward safety-code standardization of its ceiling outlet technology.
SKYX Platforms Corp. Chief Operations Officer Patricia Ann Barron reported a tax-withholding disposition of 8,410 shares of common stock on August 4, 2026, at $1.11 per share, with shares withheld by the issuer to satisfy her tax withholding obligation upon vesting of restricted stock units. Following this, she directly holds 298,911 common shares and maintains stock options over additional shares at exercise prices ranging from $1.09 to $4.00 with expirations between 2027 and 2030.
Dov Shiff, a director and 10% owner of SKYX Platforms Corp., reported an internal transfer of 235,712 shares of common stock at 1.0400 per share between entities he controls, moving holdings from Shiff Group Assets Ltd. to DZDLUX s.a.r.l. Indirect holdings now include 13,510,330 shares via DZDLUX, 379,955 via SGI and 120,000 held by his spouse, alongside 1,432,952 shares held directly and several stock option grants over common stock.
An investor group led by Dov Shiff reports beneficial ownership of 15,443,237 shares of SKYX Platforms Corp. common stock, representing approximately 11.5% of the outstanding shares, based on 134,484,086 shares outstanding as of May 12, 2026.
On July 2, 2026, affiliate DZDLUX s. purchased 235,712 shares of SKYX common stock from Shiff Group Assets Ltd. for cash consideration of about $245,140, funded from DZDLUX's working capital, after which Shiff Group Assets Ltd. no longer held SKYX shares. Mr. Shiff also holds options to purchase 50,000 shares at exercise prices ranging from $1.09 to $12.34 per share, 47,083 of which are or will be exercisable within 60 days.
The securities are held for investment purposes, and the reporting persons state they may acquire or dispose of SKYX securities in the future through open-market or privately negotiated transactions as they deem advisable.
SKYX Platforms Corp. reported results of its 2026 Annual Meeting of Stockholders held on July 8, 2026 in Pompano Beach, Florida. Stockholders elected seven directors—Rani R. Kohen, Nancy DiMattia, Gary N. Golden, Efrat L. Greenstein Brayer, Thomas J. Ridge, Dov Shiff, and Leonard J. Sokolow—to serve until the next annual meeting or until their successors are elected and qualified.
Stockholders also ratified the appointment of M&K CPAS, PLLC as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 72,278,473 votes for, 1,448,989 against, and 56,370 abstentions. In addition, an advisory, non-binding proposal approving the compensation of the company’s named executive officers received 41,537,196 votes for, 4,842,489 against, 643,946 abstentions, and 26,760,201 broker non-votes.