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