SKYX signs merger with Deako: 25M shares (18.46%) plus $4M cash and $8.5M note

SKYX Platforms Corp.

SKYX to acquire Deako, AI smart home firm, for 25M shares (18.46% of SKYX) plus $4M cash and $8.5M senior secured note at 12% interest.
Deako shipped 32M units in 5 years, $26M revenue in 2025, supplies 50+ U.S. builders incl. D.R. Horton, Toll Brothers.
Post-merger SKYX shareholders own 84.4%; Deako holders/lenders 15.6%; Deako CEO Derek Richardson remains CEO.
Merger expected to close by Oct 31, 2026; investor call Sept 10, 2026 at 8:30 a.m. ET.
Also issuing 250,000 shares to Deako's broker; note payments: $2.25M due 120 days post-close, $6.25M due 12 months.

item 1.01 item 2.03 item 3.02 item 7.01 item 8.01 item 9.01

Featured in Daily 8-K Digest

Selected #4 for 2026-09-10. Read digest

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.