STOCK TITAN

SKYX Platforms Corp. (SKYX) investor group reports 11.5% stake

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

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

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Negative

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Beneficial ownership 15,443,237 shares Aggregate SKYX common shares beneficially owned by reporting persons, representing approximately 11.5% of outstanding.
Ownership percentage 11.5 % Percentage of SKYX common stock reported as beneficially owned by the reporting persons.
Shares outstanding 134,484,086 shares SKYX common shares outstanding as of May 12, 2026, per the company’s Definitive Proxy Statement on Schedule 14A.
DZDLUX purchase 235,712 shares SKYX common shares purchased by DZDLUX s. from Shiff Group Assets Ltd. on July 2, 2026.
Purchase consideration approximately $245,140 Cash consideration paid by DZDLUX for 235,712 SKYX shares under the Purchase Agreement.
Stock options total 50,000 shares Total SKYX shares subject to stock options held by Dov Shiff as part of his director compensation.
Options exercisable within 60 days 47,083 shares Portion of Mr. Shiff’s option grants that are or will be exercisable within 60 days of this ownership statement.
Option exercise price example $12.34 per share Exercise price for 5,000 SKYX options granted March 11, 2022, expiring March 11, 2027.
beneficially own financial
"The Reporting Persons beneficially own in the aggregate 15,443,237 shares of Common Stock"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
dispositive power financial
"Number of shares beneficially owned by Mr. Shiff with sole dispositive power includes 47,083 shares"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Purchase Agreement financial
"entered into a share purchase agreement (the "Purchase Agreement") with DZDLUX"
A purchase agreement is a legally binding contract that spells out exactly what is being bought, for how much, and under what conditions, including timelines, seller and buyer promises, and protections if things go wrong. For investors it matters because the agreement fixes the deal’s price, risks and closing conditions—like a detailed receipt and return policy for a large transaction—so it helps determine whether the deal will complete and how it will affect the company’s value and cash flow.
working capital financial
"The source of funds for such purchase was DZDLUX's working capital."
Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.
Rule 13d-1(k) regulatory
"Pursuant to Rule 13d-1(k) promulgated , as amended, the Reporting Persons have entered into an agreement"
Schedule 14A regulatory
"reported by the Company as outstanding as of May 12, 2026, in the Company's Definitive Proxy Statement on Schedule 14A"
Schedule 14A is a document that companies file with regulators to share important information with shareholders before a big vote, like approving a merger or election of directors. It matters because it helps investors understand what’s happening so they can make informed decisions about the company’s future.
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FAQ

What stake in SKYX (SKYX) does Dov Shiff's group report owning?

The reporting group led by Dov Shiff reports beneficial ownership of 15,443,237 SKYX shares, representing approximately 11.5% of the company’s common stock, based on 134,484,086 shares outstanding as of May 12, 2026.

What SKYX (SKYX) share transaction did DZDLUX complete on July 2, 2026?

On July 2, 2026, DZDLUX s. purchased 235,712 SKYX shares from Shiff Group Assets Ltd. for cash consideration of about $245,140, funded from DZDLUX’s working capital. After this transaction, Shiff Group Assets Ltd. no longer held SKYX common shares.

How many SKYX (SKYX) shares and options are associated with Dov Shiff?

Dov Shiff has sole voting power over 1,552,952 SKYX shares and shared voting power over 13,890,285 shares. He also holds options on 50,000 shares, of which 47,083 are or will be exercisable within 60 days.

What are the key terms of Dov Shiff’s SKYX (SKYX) stock options?

Mr. Shiff holds 50,000 SKYX options, with grants at exercise prices from $1.09 to $12.34 per share, expiring between 2026 and 2031. Of these, 47,083 options are or will become exercisable within 60 days of this ownership report.

How many SKYX (SKYX) shares outstanding were used to calculate the 11.5% ownership?

The 11.5% ownership figure is based on 134,484,086 SKYX common shares outstanding as of May 12, 2026, as reported by the company in its Definitive Proxy Statement on Schedule 14A filed on May 13, 2026.

What are the stated intentions of Dov Shiff and affiliates regarding their SKYX (SKYX) holdings?

The reporting persons state they hold their SKYX securities for investment purposes and may in the future acquire or dispose of additional shares in open-market or privately negotiated transactions, while currently having no specific plans for corporate actions listed in Item 4(a)-(j).

Did Dov Shiff report any additional SKYX (SKYX) share transfers in 2026?

Yes. In addition to the DZDLUX purchase, Mr. Shiff reported that on June 10, 2026 he transferred 80,000 SKYX shares to his spouse as a gift, which is treated as part of his beneficial ownership disclosure.





78471E105

(CUSIP Number)
Dov Shiff
c/o SKYX Platforms Corp., 2855 W. McNab Road
Pompano Beach, FL, 33069
(855) 759-7584


Jurgita Ashley
Thompson Hine LLP, 3900 Key Center, 127 Public Square
Cleveland, OH, 44114
(216) 566-5500

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
07/02/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Number of shares beneficially owned by Mr. Shiff with sole voting and dispositive power includes 120,000 shares of Common Stock held by Mr. Shiff's spouse. Number of shares beneficially owned by Mr. Shiff with sole dispositive power includes 47,083 shares of Common Stock that may be acquired pursuant to the exercise of stock options that are exercisable within 60 days of the filing of this Statement. Number of shares beneficially owned by Mr. Shiff with shared voting and dispositive power includes (i) 379,955 shares of Common Stock held by Shiff Group Investments Ltd. and (ii) 13,510,330 shares of Common Stock held by DZDLUX s.a.r.l.


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Dov Shiff
Signature:/s/ Dov Shiff
Name/Title:Dov Shiff
Date:07/13/2026
Shiff Group Investments Ltd.
Signature:/s/ Dov Shiff
Name/Title:Dov Shiff, President and Chief Executive Officer
Date:07/13/2026
DZDLUX s.a.r.l.
Signature:/s/ Dov Shiff
Name/Title:Dov Shiff, Controlling Person
Date:07/13/2026
Comments accompanying signature:
In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named on the signature page of this filing agree to the joint filing on behalf of each of them of this Statement on Schedule 13D with respect to the Common Stock of the Company.