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Planned CEO shift at SKYX Platforms (NASDAQ: SKYX) detailed in 8-K

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

SKYX Platforms Corp. reported a planned leadership change under its succession and transition plan. Effective September 30, 2025, Co-Chief Executive Officer John Campi retired from his role. Leonard (Lenny) Sokolow, who had been serving as Co-CEO, will continue as the sole Chief Executive Officer of the company. Campi remains an investor, will continue as a shareholder, and may assist the company if needed, indicating an orderly transition rather than an abrupt departure.

Positive

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Insights

SKYX completes a planned CEO transition while maintaining continuity.

SKYX Platforms Corp. implemented its previously established succession and transition plan as Co-Chief Executive Officer John Campi retired on September 30, 2025. The plan was put in place when Lenny Sokolow joined as Co-CEO to accommodate Campi’s retirement, signaling that this change is structured and anticipated rather than reactive.

Sokolow will continue as the sole Chief Executive Officer, which preserves leadership continuity and may simplify decision-making compared with a co-CEO model. Campi remains an investor and shareholder and will continue to assist the company if needed, which can help preserve institutional knowledge and relationships without disrupting governance.

Future disclosures in company filings may provide more detail on how responsibilities are allocated under Sokolow’s sole leadership and whether Campi’s advisory involvement continues over time.

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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): September 30, 2025

 

SKYX PLATFORMS CORP.

(Exact name of Registrant as Specified in its Charter)

 

Florida   001-41276   46-3645414

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

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-12 under the Exchange Act (17 CFR 240.14a-12)
   
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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Pursuant to SKYX Platforms Corp.’s (the “Company”) succession and transition plan established when Lenny Sokolow joined as Co-Chief Executive Officer of the Company to accommodate John Campi’s retirement plan, on and effective as of September 30, 2025, John Campi retired as Co-Chief Executive Officer of the Company. Leonard Sokolow will continue in his role and as Chief Executive Officer of the Company. John Campi is also an investor in SKYX, will remain a shareholder of the Company, and will continue to assist the Company if needed.

 

 

 

 

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 3, 2025 By: /s/ Leonard J. Sokolow
  Name: Leonard J. Sokolow
  Title: Chief Executive Officer

 

 

 

FAQ

What leadership change did SKYX Platforms Corp. (SKYX) report?

SKYX Platforms Corp. reported that John Campi retired as Co-Chief Executive Officer effective September 30, 2025. Leonard (Lenny) Sokolow will continue in his role as Chief Executive Officer.

Was the SKYX CEO change part of a planned succession?

Yes. The company stated that the change followed its succession and transition plan established when Lenny Sokolow joined as Co-Chief Executive Officer to accommodate John Campi’s retirement plan.

Will John Campi remain involved with SKYX after retiring as Co-CEO?

Yes. SKYX noted that John Campi is an investor, will remain a shareholder, and will continue to assist the company if needed.

Who is the Chief Executive Officer of SKYX after this transition?

Following the transition effective September 30, 2025, Leonard J. Sokolow continues as the company’s Chief Executive Officer.

Does this SKYX 8-K include financial or earnings data?

No. The 8-K focuses on a leadership and succession change under Item 5.02 and does not present financial or earnings results.

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