Third Eye Supports Bastion Trading's October 21 Call for Improved SkyAI Tender Terms
PR Newswire•21/10/2026•12:46 ET
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Key Highlights
- ➤Third Eye urges SkyAI to raise tender price to 100% of net asset value
- ➤Third Eye seeks cancellation of strategic advisor warrants and pro rata investor distribution
- ➤Third Eye calls for tender offer expansion from 95% to 100%
- ➤Third Eye threatens litigation over strategic advisor warrant treatment if unresolved
- ➤Third Eye demands transparency on Board oversight of SOL liquidation and tender process
Third Eye Supports Bastion Trading's October 21 Call for Improved SkyAI Tender Terms PR Newswire
* Increase the tender price to 100% of net asset value * Cancel the strategic advisor warrants and return the value pro rata to investors * Expand the tender offer from 95% to 100% of common shares and pre-funded warrants * Provide transparency on the Board's oversight of the SOL treasury liquidation and tender process NEW YORK, Oct. 21, 2026 /PRNewswire/ -- Third Eye, one of the largest shareholders of SkyAI, Inc. (Nasdaq: SKYA), today expressed support for Bastion Trading's October 21, 2026 call for improved tender offer terms for SkyAI shareholders and pre-funded warrant holders.
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