SkyAI expects to repurchase shares and warrants for about $209 million
SKYA•SKYA•SKYA•SKYA•SkyAI expects to repurchase approximately $209 million of shares and warrants after its tender offer expired on November 12, 2026. Preliminary results indicate purchases of about 47 million common shares at $3 per share, plus several categories of warrants.
SkyAI expects to repurchase approximately $209 million in securities, excluding fees and expenses, following the November 12, 2026 expiration of its tender offer. Preliminary results indicate purchases of approximately 47 million common shares at $3 each; 5.1 million cash pre-funded warrants and 10.5 million cryptocurrency pre-funded warrants at $3 each less the $0.0001 exercise price; and 3.9 million strategic warrants on the same pricing basis. The expected purchases also include 34.5 million cash stapled warrants and 21.5 million cryptocurrency stapled warrants at $0.17 each.
