In June @FWDind approached SkyAI with an all-stock transaction at a 20% premium to their closing price on June 15. They rejected the offer without engaging us. At the 0.367 exchange ratio offered that premium is approximately 80% as of yesterday's closing prices. If any reporters or analysts want to chat about our findings during the diligence process for this offer or other details surrounding SkyAI, my DMs are open. https://www.theblock.co/news/business/2026-09-09-solana-treasury-firm-skyai-board-challenge-would-be-acquirer-forward-industries-shareholder-group-414061(Kyle Samani)