SKYX agrees to buy Deako with shares, cash and a lender note
SKYX ($SKYX) signed a merger agreement with Deako, a smart-home and lighting-technology supplier serving more than 50 US homebuilders. Deako generated more than $26 million in revenue in 2025 and shipped over 32 million units during the past five years. The proposed combination would connect its builder distribution network with SKYX’s plug-and-play ceiling and smart-home products. SKYX plans to issue 25 million common shares, pay Deako’s lender $4 million at closing and issue an $8.5 million no
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