| (1) | Represents
the common shares, no par value per share (“common stock”), of SKYX Platforms
Corp. (the “Company”) to be offered for resale by the selling securityholders
named in this Registration Statement. Consists of (i) up to 5,500,000 shares of common stock
that may be issued upon conversion of $6,000,000 aggregate principal amount, plus the amount
of accrued and unpaid interest, if any, that may be payable in shares of common stock, of
an outstanding subordinated secured convertible promissory note issued on September 2, 2025,
which is convertible into shares of common stock at a conversion price of $1.20 per share;
(ii) up to 19,840 shares of common stock issued and issuable pursuant to a private placement;
and (iii) up to 9,200,001 shares of common stock that may be issued upon conversion of $9,600,000
aggregate principal amount, plus the amount of accrued and unpaid interest, if any, that
may be payable in shares of common stock, of three outstanding subordinated secured convertible
promissory notes issued or amended on October 17, 2025, which are convertible into shares
of common stock at a conversion price of $1.20 per share. |