Bitcoin.comOctober 15, 20262 min read

Bastion Opposes SkyAI Tender After 70% of Solana Treasury Sold

Bastion Trading, which owns about 9.99% of SkyAI, is opposing the company’s planned $3-per-share tender offer and questioning the sale of roughly 70% of its solana treasury.

Bastion Trading, which owns about 9.99% of SkyAI, is opposing the company’s planned $3-per-share tender offer and questioning the sale of roughly 70% of its solana treasury. The investor wants more disclosure, board changes, and a higher tender price of at least $3.50 before it will participate. SkyAI’s $3 Tender Draws Pushback SkyAI’s plan to […]

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