SkyAI expands tender offer to include all pre-funded and stapled warrants
SKYA•SkyAI expanded its tender offer to cover up to 48,311,489 common shares, or 95% of the class, at $3 per share, and extended the deadline to November 12, 2026. Full acceptance would cost about $214.3 million, funded from approximately $223 million in cash on hand.
1. Expanded tender offer
SkyAI expanded its tender offer to 100% of outstanding pre-funded and stapled warrants and extended the expiration date to November 12, 2026. The offer covers up to 48,311,489 common shares, or 95% of the class, at $3 per share; pre-funded and strategic warrants receive $2.9999 each, while cash and cryptocurrency stapled warrants receive $0.17 each. Full acceptance would cost approximately $214.3 million, funded from about $223 million in cash on hand. Holders who previously tendered pre-funded warrants must tender again using amended documents; existing common stock tenders remain valid.
