SKYX Platforms (SKYX) Registration Filing summary

Company overview and business model

• Develops advanced, safe, and smart platform technologies for plug-and-play installation of light fixtures, ceiling fans, and other wired products, eliminating the need to handle hazardous wires.

• Products feature smart controls via app, WiFi, Bluetooth, and voice, with energy-saving and safety features; over 97 U.S. and global patents and code approvals.

• Began manufacturing advanced and smart products in 2023, with further product launches expected in the second half of 2024.

Financial performance and metrics

• Financial statements for 2023 and 2022 are incorporated by reference, with an explanatory paragraph on the company's ability to continue as a going concern.

Use of proceeds and capital allocation

• Will not receive proceeds from the sale of shares by selling securityholders; all proceeds go to the selling securityholders.

• Company bears registration and listing costs, while selling securityholders pay commissions and related sale expenses.