Bastion Trading Calls on SkyAI to Respect Clear Stockholder Message by Promptly Engaging to Meaningfully Reconstitute the Board
Globe Newswire•30/09/2026•08:00 ET
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Key Highlights
- ➤Every incumbent nominee received more withheld votes than affirmative votes, nearly 3-to-1
- ➤2026 Equity Incentive Plan rejected with approximately 82% of votes against
- ➤9.99% stake: Bastion Trading demands SkyAI (SKYA) promptly reconstitute its board
- ➤ISS recommended withholding votes from all five nominees, citing board independence concerns
- ➤Bastion warns of legal remedies absent timely, meaningful engagement from SkyAI (SKYA)
Highlights that Every Incumbent Director Nominee Received Substantially More Withheld Votes Than Votes in Favor, by as Much as Nearly 3 to 1, and that Stockholders Rejected the 2026 Equity Incentive Plan by Approximately 82%
Urges the Board to Promptly Engage with Bastion Trading to Address Stockholder Concerns and Materially Reconstitute the Board
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