Boardroom Alpha
8-K primary document
SKYX · Current Report (Form 8-K) · Filed January 26, 2026

Skyx Platforms Corp8-K exhibit

ex5-1.htm

 

Exhibit 5.1

 

 

January 26, 2026

 

SKYX Platforms Corp.

2855 W. McNab Road

Pompano Beach, Florida 33069

 

Ladies and Gentlemen:

 

We have acted as counsel to SKYX Platforms Corp., a Florida corporation (the “Company”), in connection with the preparation and filing with the Securities and Exchange Commission (the “Commission”) of a prospectus supplement, dated January 23, 2026 (the “Prospectus Supplement”), to a prospectus (the “Prospectus”) filed as part of a registration statement on Form S-3 (File No. 333-271698) (the “Registration Statement”) that became effective on May 12, 2023, pursuant to which the Company is offering for sale (the “Offering”) under the Securities Act of 1933, as amended (the “Securities Act”), 10,000,000 shares (the “Shares”) of common stock, no par value per share (the “Common Stock”), pursuant to that certain Securities Purchase Agreement, dated January 23, 2026, by and between the Company and purchasers signatory thereto (the “Securities Purchase Agreement”).

 

In rendering the opinion set forth below, we have examined copies of (a) the Company’s Articles of Incorporation, as amended, (b) the Company’s Third Amended and Restated By-laws, (c) a recent Certificate of Status with respect to the Company, issued by the Department of State of the State of Florida, (d) the Registration Statement and Prospectus, (e) the form of Securities Purchase Agreement, (f) certain resolutions and minutes of the Board of Directors of the Company relating to the Offering and the Registration Statement, and (g) copies of such other agreements, documents, instruments, certificates and records as we have deemed advisable in order to render our opinion set forth below. In such examination, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, that all parties (other than the Company) had the requisite power and authority (corporate or otherwise) to execute, deliver and perform such agreements or instruments, that all such agreements or instruments have been duly authorized by all requisite action (corporate or otherwise), duly executed and delivered by such parties, that such agreements or instruments are valid, binding and enforceable obligations of such parties, the authenticity of all documents submitted to us as originals, and the conformity to the originals or certified copies of all documents submitted to us as copies thereof. In providing this opinion letter, we have further relied as to certain matters on information obtained from public officials and officers of the Company.

 

As a result of and subject to the foregoing, we are of the opinion that the Shares to be issued pursuant to the Securities Purchase Agreement have been duly authorized for issuance, and upon the issuance and delivery of the Shares against payment of the consideration therefor (not less than par value) in accordance with the terms of the Securities Purchase Agreement, the Shares will be validly issued, fully paid and non-assessable.

 

Our opinion expressed above is limited to the Business Corporation Act of the State of Florida, as currently in effect, and we express no opinion as to the effect on the matters covered by this letter of the laws of any other jurisdiction.

 

3900 Key Center

127 Public Square

Cleveland, Ohio 44114-1291

www.ThompsonHine.com

O: 216.566.5500

F: 216.566.5800

 

 
 

 

 

This opinion letter is expressly limited to the matters set forth above, and we render no opinion, whether by implication or otherwise, as to any other matters relating to the Company, the Shares, the Registration Statement or the Prospectus.

 

We hereby consent to the filing of this opinion as an exhibit to the Company’s Current Report on Form 8-K, which is incorporated by reference into the Registration Statement, and to being named under the caption “Legal Matters” contained in the Prospectus. In giving this consent, we do not hereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission promulgated thereunder.

 

Very truly yours,

 

/s/ Thompson Hine LLP

Thompson Hine LLP

 

 

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer