Sec Form 4 Filing - SOKOLOW LEONARD J @ SKYX Platforms Corp. - 2023-04-05

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person SOKOLOW LEONARD J 2. Issuer Name and Ticker or Trading Symbol SKYX Platforms Corp. [ SKYX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O SKYX PLATFORMS CORP., 2855 W. MCNAB ROAD 3. Date of Earliest Transaction (MM/DD/YY) 04/05/2023 (Street) POMPANO BEACH, FL33069 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, no par value 04/05/2023 A 17,500 ( 8 ) A $ 0 376,217 ( 6 ) D Common Stock, no par value 3,600 I By Newbridge Securities Corporation ( 1 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Option (right to buy) < /td> $ 3.28 04/05/2023 A 17,500 04/30/2023( 7 ) 04/05/2028 Common Stock, no par value 17,500 $ 0 17,500 D Stock Option (right to buy) $ 0.6 11/15/2015 11/15/2025 Common Stock, no par value 150,000 150,000 D Stock Option (right to buy) $ 3 06/30/2017 04/19/2027 Common Stock, no par value 150,000 150,000 D Stock Option (right to buy) $ 4 12/31/2017 04/19/2027 Common Stock, no par value 150,000 150,000 D Stock Option (right to buy) $ 3 01/01/2019 01/01/2024 Common Stock, no par value 100,000 100,000 D Stock Option (right to buy) $ 12 01/01/2020 01/01/2025 Common Stock, no par value 100,000 100,000 D Stock Option (right to buy) $ 12 12/31/2020 12/31/2025 Common Stock, no par value 100,000 100,000 D Stock Option (right to buy) $ 12 12/31/2021 12/31/2026 Common Stock, no par value 100,000 100,000 D Stock Option (right to buy) $ 12.34 03/31/2022 03/11/2027 Common Stock, no par value 17,500 17,500 D Warrant (right to buy) $ 12 ( 2 ) 12/31/2023 Common Stock, no par value 4,469 4,469 D Warrant (right to buy) $ 9.8 ( 3 ) 10/26/2024 Common Stock, no par value 1,088 1,088 D Warrant (right to buy) $ 9.8 ( 3 ) 11/29/2024 Common Stock, no par value 3,375 3,375 D Warrant (right to buy) $ 9.8 ( 3 ) 12/22/2024 Common Stock, no par value 19,827 19,827 D Warrant (right to buy) $ 12 ( 2 ) 12/31/2023 Common Stock, no par value 5,674 5,674 I By Newbridge Securities Corporation ( 1 ) Warrant (right to buy) $ 9.8 ( 3 ) 10/26/2024 Common Stock, no par value 725 725 I By Newbridge Securities Corporation ( 1 ) Warrant (right to buy) $ 9.8 ( 3 ) 11/29/2024 Common Stock, no par value 2,250 2,250 I By Newbridge Securities Corporation ( 1 ) Warrant (right to buy) $ 9.8 ( 3 ) 12/22/2024 Common Stock, no par value 13,216 13,216 I By Newbridge Securities Corporation ( 1 ) 6.0% Subordinated Convertible Promissory Note $ 15 ( 4 ) 09/22/2023 Common Stock, no par value $ 250,000 ( 5 ) $ 250,000 ( 5 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other SOKOLOW LEONARD J C/O SKYX PLATFORMS CORP. 2855 W. MCNAB ROAD POMPANO BEACH, FL33069 X Signatures /s/ Leonard J. Sokolow 04/06/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )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. ( 2 )Exercisable at any time on or prior to the expiration date at the holder's discretion at the initial exercise price of $12.00 per share, subject to adjustment provisions (including certain anti-dilution provisions). ( 3 )Exercisable at any time on or prior to the expiration date at the holder's discretion at the adjusted exercise price of $9.80 per share, subject to adjustment provisions (including certain anti-dilution provisions). ( 4 )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 $15.00 per share. ( 5 )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. ( 6 )Includes 30,250 restricted shares granted in consideration for services to be provided to the issuer pursuant to a corporate advisory agreement between the issuer and Newbridge Securities Corporation dated November 9, 2022. The restricted shares vest on the following schedule: one quarter of the shares on each of November 9, 2022 and the six-, 12- and 18-month anniversaries of such date. If the agreement is terminated prior to its expiration, any shares that have not vested as of such date will be forfeited. ( 7 )Options vest in twelve equal monthly installments, beginning on the last day of the month in which the options were granted. These options were granted pursuant to the non-employee director compensation program. ( 8 )Represents shares of restricted stock, which vested immediately upon grant and were granted pursuant to the non-employee director compensation program.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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