SKYX Platforms to acquire Deako in stock-and-debt deal
SKYX Platforms signed a definitive agreement to acquire Deako. Consideration includes 25,000,000 SKYX shares (18.46% of outstanding) with staged lock-ups, $4 million cash, and $8.5 million senior secured promissory notes.
SKYX Platforms has signed a definitive agreement to buy Deako, an AI-driven smart home and lighting systems company. The deal consideration includes 25,000,000 SKYX shares, equal to 18.46% of outstanding shares, subject to staged lock-ups, along with $4 million in cash and $8.5 million of senior secured promissory notes bearing…