星球日报
星球日报|Oct 15, 2026 18:43
**[Bastion Trading Opposes SkyAI's $201 Million Tender Offer, Demands Investigation into Approximately 70% SOL Sale and Price Increase to at Least $3.50 Per Share]** Odaily Planet Daily News – Investor Bastion Trading stated that it will not participate in SkyAI's proposed $201 million tender offer unless governance, disclosure, and pricing issues are addressed. Bastion Trading and its affiliates collectively hold approximately 9.99% of SkyAI's common shares. SkyAI plans to acquire up to 95% of its issued shares and eligible warrants at a price of $3 per share. Bastion Trading has raised concerns about the scale of SkyAI's sale of approximately 70% of its SOL treasury assets. SkyAI previously claimed to have sold approximately 1 million SOL, but subsequent regulatory filings revealed that only about 600,000 SOL remain. Bastion Trading is demanding disclosure of the sale's timing, average transaction price, proceeds, transaction costs, and approval process, as well as an independent review before the tender offer begins. Additionally, Bastion Trading is calling for the replacement of SkyAI's board members, the establishment of an independent special committee to oversee the tender process, and an increase in the offer price to at least $3.50 per share. It is also requesting the removal of the $100 SOL price condition and the 50% minimum participation threshold, the exclusion of strategic advisor warrants, and the prohibition of insiders from tendering their securities for sale. (Source: (Bitcoin.com) News)
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