0001493152-24-012546.txt : 20240401
0001493152-24-012546.hdr.sgml : 20240401
20240401175331
ACCESSION NUMBER: 0001493152-24-012546
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240329
FILED AS OF DATE: 20240401
DATE AS OF CHANGE: 20240401
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Campi John P.
CENTRAL INDEX KEY: 0001627276
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41276
FILM NUMBER: 24811418
MAIL ADDRESS:
STREET 1: C/O SAFETY QUICK LIGHTING & FANS CORP.
STREET 2: 4400 NORTH POINT PARKWAY, SUITE 154
CITY: ALPHARETTA
STATE: GA
ZIP: 30022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SKYX Platforms Corp.
CENTRAL INDEX KEY: 0001598981
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 463645414
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2855 W. MCNAB ROAD
CITY: POMPANO BEACH
STATE: FL
ZIP: 33069
BUSINESS PHONE: (855) 759-7584
MAIL ADDRESS:
STREET 1: 2855 W. MCNAB ROAD
CITY: POMPANO BEACH
STATE: FL
ZIP: 33069
FORMER COMPANY:
FORMER CONFORMED NAME: SQL Technologies Corp.
DATE OF NAME CHANGE: 20160812
FORMER COMPANY:
FORMER CONFORMED NAME: Safety Quick Lighting & Fans Corp.
DATE OF NAME CHANGE: 20140203
4
1
ownership.xml
X0508
4
2024-03-29
0
0001598981
SKYX Platforms Corp.
SKYX
0001627276
Campi John P.
C/O SKYX PLATFORMS CORP.
2855 W. MCNAB ROAD
POMPANO BEACH
FL
30069
0
1
0
0
Co-Chief Executive Officer
0
Common Stock, no par value
797685
D
6.0% Subordinated Convertible Promissory Note
15
2024-03-29
4
D
0
100000
0
D
2023-11-10
Common Stock, no par value
100000
0
D
Subordinated Convertible Promissory Note
3
2024-03-29
4
A
0
100000
0
A
2025-05-16
Common Stock, no par value
100000
100000
D
Stock Option (right to buy)
6
2020-12-31
2024-09-01
Common Stock, no par value
120000
120000
D
On March 29, 2024, the issuer and the reporting person entered into an amendment to the 6.0% subordinated convertible promissory note (the "Amendment") in order to, among other things, extend the maturity date of the note to May 16, 2025, increase the interest rate from 6.0% per annum to 10.0% per annum, effective as of January 1, 2024, and change the common stock conversion price from $15.00 per share to $3.00 per share. The Amendment is effective as of the original maturity date of the note and resulted in the cancellation of the "old" convertible note and the acquisition of a "new" convertible note. The issuer's Board of Directors approved the Amendment.
Prior to the Amendment, the principal amount, plus any accrued and unpaid interest, was convertible into shares of common stock at any time on or prior to the maturity date at the holder's discretion at the conversion price of $15.00 per share. Following the Amendment, the principal amount, plus any accrued and unpaid interest, is convertible into shares of common stock at any time on or prior to the maturity date at the holder's discretion at the conversion price of $3.00 per share.
Represents the principal amount of the convertible note and excludes interest that may accrue. Beginning January 1, 2024, the note accrues interest at a rate of 10.0% per annum, which is payable annually, in cash or common stock, at the holder's discretion. Prior to such date, the note accrued interest at a rate of 6.0% per annum.
/s/ John P. Campi
2024-04-01