{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-046938","form_type":"8-K","ticker":"SKYX","cik":"0001598981","company_name":"SKYX Platforms Corp.","filed_at":"2026-10-14T13:00:09+00:00","discovered_at":"2026-10-14T13:01:00.256993+00:00","generated_at":"2026-10-14T13:01:17.971629+00:00","sec_items":["1.01","2.01","2.03","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SKYX completes Deako merger; issues 25M shares, $8.5M note at 12%; SKYX holders keep 84.4%","bullets":["Closed merger with Deako, Inc. on Oct 13, 2026; issued 25,000,000 SKYX shares subject to 12-month lock-up with 25% releases at 12, 15, 18, 21 months.","Post-merger ownership: pre-deal SKYX holders ~84.4%, Deako former shareholders ~15.6%; Merger Shares held in escrow and sold by Senior Lenders via Rule 10b5-1 plan.","Paid Senior Lenders $4M cash ($2M Sept 9, 2026; $2M at closing) plus an $8.5M senior secured promissory note; total $12.5M on behalf of Deako.","Note carries 12.0% fixed interest; $2.25M due 120 days after closing and $6.25M at the 12-month anniversary; secured by SKYX personal property; holders MassMutual and MassMutual Ascend.","Note default rate is 17%; events of default include Nasdaq delisting, change of control, and cross-default on debt over $1M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-046938","json":"https://secwatch.observer/filing/0001493152-26-046938.json","markdown":"https://secwatch.observer/filing/0001493152-26-046938.md","text":"https://secwatch.observer/filing/0001493152-26-046938.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1598981/000149315226046938/0001493152-26-046938-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1598981/000149315226046938/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-14T13:01:17.971629+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}