AcquisitionSep 9, 2026Pending
🇺🇸 United States
DDeako, Inc.SPSKYX Platforms Corp.
Technology › Hardware & Electronics
Deal valueUndisclosed
AnnouncedSep 9, 2026
ConsiderationCash and stock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
SKYX Platforms Corp. agreed to acquire Deako, Inc. through a merger of Lumineer Merger Sub, Inc. with and into Deako, Inc., with Deako surviving as a wholly-owned subsidiary of SKYX. The consideration includes 25,000,000 shares of SKYX common stock issued to an escrow agent, plus cash payments and a promissory note to satisfy Deako's existing senior notes.
Deal rationale
The boards of directors of SKYX and Deako determined that the merger is in the best interests of their respective companies and stockholders.
AI-generated from the SEC filingPendingTechnology › Hardware & ElectronicsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash and stock |
Advisors
Buy-side
None listed
Sell-side
NNeedham & Company
Parties
Target
DDeako, Inc.
- Headquarters
- United States
- Ticker
- —
Acquirer
SPSKYX Platforms Corp.
- Headquarters
- United States
- Ticker
- —