Alyeska Investment Group Establishes 5.77% Stake in SKYX Platforms Corp.

On May 15, 2026, Alyeska Investment Group, L.P., along with Alyeska Fund GP, LLC and Anand Parekh, filed a Schedule 13G disclosing a new ownership stake in SKYX Platforms Corp. (SKYX). As of the event date on March 31, 2026, the reporting persons beneficially own 7,688,950 shares of common stock, representing 5.77% of the company's outstanding shares. This filing marks an increase from a previous position of zero, establishing Alyeska as a significant shareholder. The shares are held by Alyeska Master Fund, L.P., with Alyeska Investment Group acting as the investment manager. Anand Parekh, as CEO of the investment manager, may be deemed a beneficial owner but has disclaimed such ownership. The filing indicates that the securities were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. The calculation of the ownership percentage is based on 133,281,119 shares of common stock outstanding as reported in the issuer's Form 10-K dated March 27, 2026.