SkyAI plans tender offer for up to 95% of shares and warrants at $3 each
SKYA•SkyAI plans to launch a cash tender offer on October 15, 2026, for up to 95% of each outstanding class of shares and warrants at $3 per security. The offer price is a 65% premium to the October 9 closing price.
1. Tender offer terms
The offer covers common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic advisor warrants. It is set to expire one minute past 11:59 p.m. New York time on October 29, 2026, unless extended or terminated early. SkyAI reported approximately $204.6 million in cash and 210,000 locked SOL as of October 14, and said it does not expect to receive SOL upon completion.
