secwatch.observer — SEC 8-K summary
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Issuer:     SKYX Platforms Corp. (SKYX)
CIK:        0001598981
Form:       8-K
Filed at:   2026-01-02T23:59:59+00:00
Accession:  0001493152-26-000028
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SKYX amends convertible note with director; extends maturity to 2027, conversion at $2.20/share
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- Conversion of $835,900 principal plus accrued interest into ~379,954 shares at $2.20/share on Dec 31, 2025.
- Maturity date extended to May 1, 2027 under amendment effective Dec 30, 2025.
- Interest rate increased from 6% to 10%, retroactive to Jan 1, 2024.
- Holder is Shiff Group Investments Ltd., a member of the Board of Directors.
- Original note of $835,900 issued Nov 2020; full balance plus interest converted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598981/000149315226000028/0001493152-26-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598981/000149315226000028/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-000028

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