SKYX Platforms plans to merge with Deako in stock deal
SKYX Platforms plans to merge with smart-home company Deako. The companies said SKYX would issue about 18% of its common stock as consideration, subject to a two-year lockup and a leak out agreement.
SKYX Platforms plans to merge with Deako in a transaction that would bring together two companies in the smart-home technology industry. Under the deal, SKYX plans to issue about 18% of its common stock as consideration, subject to up to a two-year lockup and leak-out agreement, the companies said.