0001493152-22-004414.txt : 20220214 0001493152-22-004414.hdr.sgml : 20220214 20220214150841 ACCESSION NUMBER: 0001493152-22-004414 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220214 FILED AS OF DATE: 20220214 DATE AS OF CHANGE: 20220214 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SOKOLOW LEONARD J CENTRAL INDEX KEY: 0000923890 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41276 FILM NUMBER: 22630210 MAIL ADDRESS: STREET 1: 3010 NORTH MILITARY TRAIL STREET 2: STE 300 CITY: BOCA RATON STATE: FL ZIP: 33431 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SQL Technologies Corp. CENTRAL INDEX KEY: 0001598981 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640] IRS NUMBER: 463645414 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11030 JONES BRIDGE ROAD STREET 2: SUITE 206 CITY: JOHNS CREEK STATE: GA ZIP: 30022 BUSINESS PHONE: 770-754-4711 MAIL ADDRESS: STREET 1: 11030 JONES BRIDGE ROAD STREET 2: SUITE 206 CITY: JOHNS CREEK STATE: GA ZIP: 30022 FORMER COMPANY: FORMER CONFORMED NAME: Safety Quick Lighting & Fans Corp. DATE OF NAME CHANGE: 20140203 4 1 ownership.xml X0306 4 2022-02-14 0 0001598981 SQL Technologies Corp. SKYX 0000923890 SOKOLOW LEONARD J C/O SQL TECHNOLOGIES CORP. 11030 JONES BRIDGE ROAD, SUITE 206 JOHNS CREEK GA 30022 1 0 0 0 Common Stock, no par value 2022-02-14 4 J 0 86032 A 317656 I By Bridge Line Ventures Common Stock, no par value 309667 D Common Stock, no par value 3600 I By Newbridge Securities Corporation Stock Option (right to buy) 0.60 2015-11-15 2025-11-15 Common Stock, no par value 150000 150000 D Stock Option (right to buy) 3.00 2017-06-30 2027-04-19 Common Stock, no par value 150000 150000 D Stock Option (right to buy) 4.00 2017-12-31 2027-04-19 Common Stock, no par value 150000 150000 D Stock Option (right to buy) 3.00 2018-01-01 2023-01-01 Common Stock, no par value 100000 100000 D Stock Option (right to buy) 3.00 2019-01-01 2024-01-01 Common Stock, no par value 100000 100000 D Stock Option (right to buy) 12.00 2020-01-01 2025-01-01 Common Stock, no par value 100000 100000 D Stock Option (right to buy) 12.00 2020-12-31 2025-12-31 Common Stock, no par value 100000 100000 D Stock Option (right to buy) 12.00 2021-12-31 2026-12-31 Common Stock, no par value 100000 100000 D Warrant (right to buy) 12.00 2023-12-31 Common Stock, no par value 4469 4469 D Warrant (right to buy) 12.00 2024-10-26 Common Stock, no par value 1088 1088 D Warrant (right to buy) 12.00 2024-11-29 Common Stock, no par value 3375 3375 D Warrant (right to buy) 12.00 2024-12-22 Common Stock, no par value 19827 19827 D Warrant (right to buy) 12.00 2023-12-31 Common Stock, no par value 5674 5674 I By Newbridge Securities Corporation Warrant (right to buy) 12.00 2024-10-26 Common Stock, no par value 725 725 I By Newbridge Securities Corporation Warrant (right to buy) 12.00 2024-11-29 Common Stock, no par value 2250 2250 I By Newbridge Securities Corporation Warrant (right to buy) 12.00 2024-12-22 Common Stock, no par value 13216 13216 I By Newbridge Securities Corporation Warrant (right to buy) 9.80 2024-06-30 Common Stock, no par value 214957 214957 I By Bridge Line Ventures Warrant (right to buy) 9.80 2024-08-31 Common Stock, no par value 16667 16667 I By Bridge Line Ventures 6.0% Subordinated Convertible Promissory Note 15.00 2023-09-22 Common Stock, no par value 250000 250000 D These securities are owned by Newbridge Securities Corporation. The reporting person is the Chief Executive Officer and President of Newbridge Financial, Inc. and Chairman of Newbridge Securities Corporation, its broker dealer subsidiary. These securities are owned by Bridge Line Ventures, LLC Series ST-1 ("Bridge Line Ventures"). The reporting person is the Chief Executive Officer and President of Bridge Line Advisors, LLC, the manager of Bridge Line Ventures. Exercisable at any time on or prior to the expiration date at the holder's discretion at the initial exercise price of $12.00, subject to adjustment provisions (including certain anti-dilution provisions). Exercisable at any time on or prior to the expiration date at the holder's discretion at the adjusted exercise price of $9.80, subject to adjustment provisions (including certain anti-dilution provisions). The initial exercise price of $12.00 per share was automatically adjusted pursuant to applicable anti-dilution provisions in connection with the completion of the issuer's initial public offering. The principal amount, plus any accrued and unpaid interest, is convertible at any time on or prior to the maturity date at the holder's discretion at the conversion price of $15.00. This note was inadvertently omitted from the reporting person's Form 3. Represents the principal amount of the convertible note and excludes interest that may accrue. Interest on the note is payable annually, in cash or common stock, at the holder's discretion. The shares were issued pursuant to anti-dilution provisions set forth in the terms of the stock purchase agreements entered into between the issuer and Bridge Line Ventures between February 2021 and August 2021. Power of Attorney is attached hereto as Exhibit 24. /s/ Leonard J. Sokolow 2022-02-14 EX-24 2 ex24.htm

Exhibit 24

POWER OF ATTORNEY

The undersigned constitutes and appoints Rani R. Kohen, John P. Campi, Marc-Andre Boisseau and Patricia Barron, or any of them acting singly, as the undersigned’s true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for the undersigned and in the undersigned’s name, place and stead, to:

prepare, sign, and submit to the Securities and Exchange Commission (the “SEC”) on its Electronic Data Gathering, Analysis, and Retrieval (“EDGAR”) Filer Management website a Form ID application, including any amendments and exhibits thereto, and any other related documents as may be necessary or appropriate, to obtain from the SEC access codes to permit filing on the SEC’s EDGAR system, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each act and thing requisite and necessary to be done as required by any rule or regulation of the SEC and the EDGAR Filer Manual as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, may lawfully do or cause to be done by virtue hereof; and

sign any and all SEC statements of beneficial ownership of securities of SQL Technologies Corp. on Forms 3, 4 and 5 as required under Section 16(a) of the Securities Exchange Act of 1934, as amended, and any amendments thereto, and to file the same with all exhibits thereto, and other documents in connection therewith, with the SEC, the Company and any stock exchange on which any of the Company’s securities are listed, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each act and thing requisite and necessary to be done under said Section 16(a), as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, may lawfully do or cause to be done by virtue hereof.

A copy of this power of attorney shall be filed with the SEC. The authorization set forth above shall continue in full force and effect until the undersigned revokes such authorization by written instructions to the attorneys-in-fact.

The authority granted hereby shall in no event be deemed to impose or create any duty on behalf of the attorneys-in-fact with respect to the undersigned’s obligations to file a Form ID and Forms 3, 4 and 5 with the SEC.

Dated: January 30, 2022

	/s/ Leonard Sokolow
	Name: Leonard Sokolow