SKYX Signs Merger with Leading U.S. AI Smart Home Silicon Valley Backed Company Deako, Aiming to Lead the Smart Home, Builder & Hotel Markets with Their Combined Platform Technologies
SKYX Platforms signed a merger agreement to acquire Deako Inc., a Silicon Valley-backed AI smart home lighting company, in an all-stock deal that will see SKYX issue 25,000,000 shares equal to 18.46% of the company, subject to a lockup/leak-out structure. Deako shipped over 32 million units of its smart plug-in wall switches over the past five years and generated over $26 million in revenue in 2025, supplying more than 50 U.S. builders including D.R. Horton and Toll Brothers.
Key figures
- Lender note usd
- 8500000
- Combined patents
- over 120
- Builder customers
- over 50 U.S. builders
- Skyx dilution pct
- 18.46%
- Deako revenue 2025
- 26000000
- Sku count multiplier
- five-fold
- Shares issued to deako
- 25000000
- Deako units shipped 5yr
- 32000000
- Note payment q1 2027 usd
- 2250000
- Note payment q4 2027 usd
- 6250000
- Lender cash at closing usd
- 4000000
- Post merger skyx ownership pct
- 84.4%
- Post merger deako ownership pct
- 15.6%
AI analysis
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