SKYX Platforms Closes Deako Merger, Issues 25 Million Shares and $8.5 Million Secured Note
SKYX Platforms closed its acquisition of Deako, issuing 25 million shares placed in escrow and subject to a 12-month lock-up with staged releases at 12, 15, 18 and 21 months. The headline also reports an $8.5 million secured note.