Safe Pro Group Inc 2024年度报告

FORM10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedDecember 31,2024 OR TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________to _______________. Commission File Number001-42261 SAFE PRO GROUP INC.(Exact name of registrant as specified in its charter) Delaware87-4227079(State or other jurisdiction of(I.R.S. Employer (786)409-4030(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☐No☒ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Accelerated filer☐Smaller reporting company☒Emerging growth company☒ Large accelerated filer☐Non-accelerated filer☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ The registrant wasnot a public company as of the last business day of its most recently completed second fiscal quarter and, therefore,cannot calculate the aggregate market value of its voting and non-voting common equity held by non-affiliates as of such date. As of March 31, 2025, the registrant had issued and outstanding15,172,185shares of common stock. Documents Incorporated by Reference:Portions of this registrant’s definitive proxy statement for its 2024 Annual Meeting ofStockholders to be filed with the SEC no later than 120 days after the end of the registrant’s fiscal year are incorporated herein byreference in Part III of this Annual Report on Form 10-K. TABLE OF CONTENTS PART III42Item 10Directors, Executive Officers and Corporate Governance42Item 11Executive Compensation42Item 12Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters42Item 13Certain Relationships and Related Transactions, and Director Independence42Item 14Principal Accounting Fees and Services42 References in this Form 10-K to “we”, “us”, “its”, “our” or the “Company” are to Safe Pro Group Inc., as appropriate to the context. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Form 10-K includes forward-looking statements. These statements involve risks known to us, significant uncertainties,and other factors which may cause our actual results, levels of activity, performance, or achievements to be materially different fromany future results, levels of activity, performance, or achievements expressed or implied by those forward-looking statements. Some of the statements used in this report constitute “forward-looking statements” that represent our beliefs, projections andpredictions about future events. Forward-looking statements are all statements other than statements