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SKYX Platforms Corp. — Major Shareholding Notification 2022
Feb 16, 2022
33953_mrq_2022-02-16_0812fe20-7bb7-47d3-990c-0f35c9008c81.zip
Major Shareholding Notification
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SC 13G 1 formsc13g.htm
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
SQL TECHNOLOGIES CORP.
(Name of Issuer)
Common Stock, no par value per share
(Title of Class of Securities)
78471E105
(CUSIP Number)
Motek 7 SQL LLC
c/o Mansfield Bronstein, PA
500 Broward Blvd., Suite 1450
Fort Lauderdale, FL 33394
With a copy to:
Jurgita Ashley
Thompson Hine LLP
3900 Key Center
127 Public Square
Cleveland, Ohio 44114
(216) 566-5500
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February 9, 2022
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d - 1(b)
☒ Rule 13d - 1(c)
☐ Rule 13d - 1(d)
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*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ).
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CUSIP No. 78471E105 13G Page 2 of 5 Pages
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| 1 | NAME
OF REPORTING PERSON | |
| --- | --- | --- |
| | Motek
7 SQL LLC | |
| 2 | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ |
| | | (b) ☐ |
| 3 | SEC
USE ONLY | |
| 4 | CITIZENSHIP
OR PLACE OF ORGANIZATION | |
| | Florida | |
| NUMBER
OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON
WITH | SOLE
VOTING POWER | 6,118,004 |
| --- | --- | --- |
| 6 | SHARED
VOTING POWER | 0 |
| 7 | SOLE
DISPOSITIVE POWER | 6,118,004 |
| 8 | SHARED
DISPOSITIVE POWER | 0 |
| 9 | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON | |
| --- | --- | --- |
| | 6,118,004 | |
| 10 | CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ☐ |
| 11 | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | |
| | 7.9% | |
| 12 | TYPE
OF REPORTING PERSON | OO |
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CUSIP No. 78471E105 13G Page 3 of 5 Pages
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SCHEDULE 13G
| Item
1(a). | Name
of Issuer: SQL Technologies Corp. (the “Issuer”) |
| --- | --- |
| Item
1(b). | Address
of Issuer’s Principal Executive Offices (as reported by the Issuer) : |
| | 11030
Jones Bridge Road, Suite 206 Johns
Creek, Georgia 30022 |
| Item
2(a). | Name
of Person Filing: This Statement on Schedule 13G (this “Statement”) is filed by Motek 7 SQL LLC (the “Reporting
Person”). |
| Item
2(b). | Address
of Principal Business Office or, if none, Residence: |
| | The
business address of the Reporting Person is c/o Mansfield Bronstein, PA, 500 Broward Blvd., Suite 1450, Fort Lauderdale, FL 33394. |
| Item
2(c). | Citizenship: The Reporting Person is a Florida limited liability company. |
| Item
2(d). | Title
of Class of Securities: Common Stock, no par value per share (“Common Stock”) |
| Item
2(e). | CUSIP
Number: 78471E105 |
| Item
3. | If
this statement is filed pursuant to Rule 13d-1(b) or Rule 13d-2(b) or (c), check whether the person filing is a: |
| (a) | ☐ | Broker
or dealer registered under Section 15 of the Act; |
| --- | --- | --- |
| (b) | ☐ | Bank
as defined in Section 3(a)(6) of the Act; |
| (c) | ☐ | Insurance
company as defined in Section 3(a)(19) of the Act; |
| (d) | ☐ | Investment
company registered under Section 8 of the Investment Company Act of 1940; |
| (e) | ☐ | An investment
adviser in accordance with Rule 13d-1(b)(1)(ii)(E); |
| (f) | ☐ | An employee
benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); |
| (g) | ☐ | A parent
holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); |
| (h) | ☐ | A savings
association as defined in Section 3(b) of the Federal Deposit Insurance Act; |
| (i) | ☐ | A church
plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; |
| (j) | ☐ | A non-U.S.
institution in accordance with Rule 13d-1(b)(1)(ii)(J); |
| (k) | ☐ | Group,
in accordance with Rule 13d-1(b)(1)(ii)(K). |
| If
filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ______ | | |
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CUSIP No. 78471E105 13G Page 4 of 5 Pages
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ITEM 4. Ownership:
| (a) | Amount
beneficially owned: 6,118,004 |
| --- | --- |
| (b) | Percent
of class: 7.9% |
| (c) | Number
of shares as to which such person has: |
| (i) | Sole
power to vote or to direct the vote: 6,118,004 |
| --- | --- |
| (ii) | Shared
power to vote or to direct the vote: 0 |
| (iii) | Sole
power to dispose or to direct the disposition of: 6,118,004 |
| (iv) | Shared
power to dispose or to direct the disposition of: 0 |
| Item
5. | Ownership
of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting
person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐. |
| --- | --- |
| Item
6. | Ownership
of More than Five Percent on Behalf of Another Person: |
| | Not
Applicable. |
| Item
7. | Identification
and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person: Not Applicable. |
| Item
8. | Identification
and Classification of Members of the Group: Not Applicable. |
| Item
9. | Notice
of Dissolution of Group: Not Applicable. |
| Item
10. | Certifications: |
| | By
signing below the Reporting Person certifies that, to the best of its knowledge and belief, the securities referred to above were
not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities
and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other
than activities solely in connection with a nomination under Rule 14a-11. |
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CUSIP No. 78471E105 13G Page 5 of 5 Pages
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SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this Statement is true, complete and correct.
Dated: February 15, 2022
| MOTEK 7 SQL LLC |
| --- |
| /s/
Hillel Bronstein |
| Hillel
Bronstein Managing
Member |
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