SKYX Platforms Corp. — Form 8-K

SKYX Platforms Corp. issued a $8,500,000 Senior Secured Promissory Note to Massachusetts Mutual Life Insurance Company and MassMutual Ascend Life Insurance Company on October 13, 2026, as part of a $12.5M total payment to retire Deako Inc.'s existing senior notes upon merger. Payment structure: $2.0M cash at Merger Agreement signing, $2.0M cash at closing, and this $8.5M note split as $2.25M due 120 days post-closing and $6.25M due at 12-month maturity, bearing 12% fixed interest (17% upon default). Note is secured by first-priority lien on substantially all SKYX assets, with change-of-control and delisting as Events of Default.