{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-012759","form_type":"8-K","ticker":"SKYX","cik":"0001598981","company_name":"SKYX Platforms Corp.","filed_at":"2025-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.459710+00:00","generated_at":"2026-05-17T07:57:43.075411+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SKYX secures $3.25M new capital via restructuring $2.75M notes into $6M convertible note due 2030","bullets":["Restructured two existing convertible promissory notes with aggregate principal of $2.75M; maturity extended to September 2, 2030.","Received $3.25M incremental capital from a lead existing investor.","New subordinated secured convertible note totals $6M, convertible at $1.20 per share, bearing 10% interest (8% cash + 2% cash/shares at election).","Proceeds from the $3.25M new capital will be used for general working capital purposes.","Beneficial ownership limits restrict conversion to 4.99% or 9.99% of outstanding common stock at holder's election."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-012759","json":"https://secwatch.observer/filing/0001493152-25-012759.json","markdown":"https://secwatch.observer/filing/0001493152-25-012759.md","text":"https://secwatch.observer/filing/0001493152-25-012759.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1598981/000149315225012759/0001493152-25-012759-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1598981/000149315225012759/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:57:43.075411+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c80ba617e6f3ca2e79a1aa821dd0f8a71430a030","claim":"SKYX Platforms Corp. incurred convertible notes of $6 million at 8% interest payable quarterly in arrears in cash and 2% interest payable quarter maturing September 2, 2030.","evidence_excerpt":"the Company entered into a new subordinated secured convertible promissory note (“Note”) in the total principal amount of $6 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1598981/000149315225012759/0001493152-25-012759-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$6 million"},{"label":"Rate","value":"8% interest payable quarterly in arrears in cash and 2% interest payable quarter"},{"label":"Maturity","value":"September 2, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}