SKYX Platforms Corp. (SKYX) investor group reports 11.5% stake
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Filing Explained
The July 2 transfer was completed between holders, leaving no disclosed new issuance while the reporting persons continue to report 11.5% ownership.
The
Because the filing describes a transfer from one existing holder to another, rather than an issuance by SKYX, it does not disclose an increase in the company’s total shares from this transaction; SGA no longer holds shares after the transfer.
A Schedule 13D amendment reports ownership above 5% and updates previously filed ownership or stated intentions. Here, the reporting persons say they acquired the securities for investment purposes, while reserving the ability to acquire or dispose of securities in the future without reporting a present plan for the specified control-related actions.
Item 5 reports aggregate beneficial ownership of 15,443,237 common shares, or
The filing also reports that Dov Shiff transferred 80,000 shares to his spouse as a gift on
Key Figures
Key Terms
beneficially own financial
dispositive power financial
Purchase Agreement financial
working capital financial
Rule 13d-1(k) regulatory
Schedule 14A regulatory
FAQ
What stake in SKYX (SKYX) does Dov Shiff's group report owning?
What are the key terms of Dov Shiff’s SKYX (SKYX) stock options?
What are the stated intentions of Dov Shiff and affiliates regarding their SKYX (SKYX) holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.