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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):
January 7, 2026
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 1.01 |
Entry into a Material Definitive Agreement. |
On January 13, 2026,
SKYX Platforms Corp. (the “Company”) reported that it entered into a Securities Purchase Agreement (the “Purchase Agreement”)
with a new strategic investor. The Company closed on gross proceeds of $4,000,000. Pursuant to the Purchase Agreement, the investor purchased
2,000,000 shares of the Company’s common stock, no par value per share (the “Common Stock”), at a purchase price of
$2.00 per share.
The Purchase Agreement contains
customary representations, warranties, agreements and indemnification rights and obligations of the parties, and provides the purchasers
with certain registration rights. The Company intends to use the proceeds for working capital and other general corporate purposes.
The foregoing summary of
the Purchase Agreement does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text
of the form of Purchase Agreement dated January 7, 2026, a copy of which is filed as Exhibit 10.1
to this Current Report on Form 8-K (this “Current Report”) and is incorporated herein by reference.
The representations, warranties
and covenants contained in the Purchase Agreement were made solely for the benefit of the parties to the Purchase Agreement and may be
subject to limitations agreed upon by the contracting parties. Accordingly, the Purchase Agreement is incorporated herein by reference
only to provide investors with information regarding the terms of the Purchase Agreement, and not to provide investors with any other
factual information regarding the Company or its business, and should be read in conjunction with the disclosures in the Company’s
periodic reports and other filings with the Securities and Exchange Commission (the “SEC”).
| 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 shares of Common Stock was
deemed to be exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, 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* |
|
Form of Securities Purchase Agreement for Common
Stock, dated January 7, 2026. |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
* Certain of the exhibits and schedules to this exhibit
have been omitted in accordance with Regulation S-K Item 601(a)(5). The Company agrees to furnish a copy of all omitted exhibits and schedules
to the SEC upon its request.
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: January 13, 2026 |
By: |
/s/ Leonard J. Sokolow |
| |
Name: |
Leonard J. Sokolow |
| |
Title: |
Chief Executive Officer |
