SKYX Platforms Corp. 10-K

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Market Information Our common stock trades on Nasdaq under the symbol “SKYX”. Holders As of March 18, 2026, there were approximately 254 holders of record of our common stock. This number does not include beneficial owners whose shares may be held in the names of various security brokers, dealers, and registered clearing agencies. Dividend Policy We have never declared or paid any cash dividends on our common stock. The terms of the Series A Preferred Stock, Series A-1 and Series A-2 Preferred Stock provide for cumulative dividends at an annual rate of 8% of the original investment of preferred stock, payable quarterly in arrears. The dividends of Series A and A-1 is payable in cash while the dividends of Series A-2 are payable in cash and shares of our common stock. In the event the full cumulative dividends are not paid on a dividend payment date, dividends will accrue on the sum of the original issue price, plus the amount of unpaid dividends, at an annual rate of 12%, until such date as the Company has paid all previously accrued but unpaid dividends. Holders of Series A Preferred Stock and Series A-1 and A-2 Preferred Stock are also entitled to participate in and receive any dividends declared or paid on the Company’s common stock on an as-converted basis. We anticipate that we will retain all available funds and future earnings, if any, for use in the operation of our business and do not anticipate paying cash dividends, other than those due to holders of our Series A Preferred Stock, Series A-1 and A-2 Preferred Stock, in the foreseeable future. In addition, future debt instruments may materially restrict our ability to pay dividends on our common stock. Payment of future cash dividends, if any, on our common stock will be at the discretion of the board of directors after considering numerous factors, including our financial condition, operating results, current and anticipated cash needs, the requirements of then-existing senior equity and debt instruments and other factors the board of directors deems relevant. Recent Sales of Unregistered Securities The Company did not make any issuances of unregistered securities during the fourth quarter of 2025 which have not been previously disclosed in a Current Report on Form 8-K filed by the Company Issuer Purchases of Equity Securities There were no repurchases of the Company’s common stock during the quarter ended December 31, 2025. ITEM 6. [RESERVED] 39