Reported Earlier, SkyAI To Buy Up To 95% Of Shares And Warrants At $3.00 Each; $204.6M Cash On Hand, No SOL Expected After Offer

SkyAI plans to initiate a cash tender offer on October 15, 2026, to acquire up to 95% of its outstanding shares and warrants at a price of $3.00 each. The company currently has approximately $204.6 million in cash and around 210,000 locked SOL, with an expectation to hold no SOL after the completion of the offer.