SKYX Platforms issues $8.5 million senior secured promissory note to Deako lenders at 12% interest
Bitget2026/10/14 13:00- SKYX Platforms completed its merger with Deako on Oct. 13, 2026, issuing a senior secured promissory note to Deako’s senior lenders.
- Promissory note totals USD 8,500,000, secured by the company’s personal property, with 12% annual interest.
- USD 2,250,000 matures 120 days post-closing; remaining balance due on the 12-month closing anniversary.
- Cash payments to the senior lenders totaled USD 4,000,000, split between Sept. 9, 2026 and the closing date.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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