SKYX Platforms Corp.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Recent Sales of Unregistered Securities

There were no unregistered sales of equity securities during the quarter ended June 30, 2025 that were not previously reported in a Current Report on Form 8-K, with the exception of the following:

We issued 100,000 shares of our common stock to a contractor, warrants exercisable for up to 64,750 shares of our common stock to the placement agent for certain offerings of Series A-1 Preferred Stock, and we extended the period under which notes holders aggregating $3,117,408 can convert such notes into shares of our common stock from May 2025 to January 2026.

The sales or issuances of the securities described above were deemed to be exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), including Regulation D and Rule 506 promulgated thereunder, as transactions by the Company not involving a public offering.

Issuer Purchases of Equity Securities

(1) Includes shares repurchased to satisfy tax withholding obligations due upon the vesting of certain restricted stock held by certain employees. We did not pay cash to repurchase these shares, nor were these repurchases part of a publicly announced plan or program. Excludes shares repurchased to settle tax withholdings related to the vesting of restricted stock units.