SkyAI is selling half its Solana treasury to fund a $201M tender at $3.00 a share for up to 95% of its shares and warrants, rejecting Forward Industries' all-stock bid. That is less than half the $6.5

What happened: SkyAI sold its entire Solana treasury and launched a $201 million buyback at $3 per share, running through Oct. 29. Key numbers: $223.8 million in cash after selling all SOL; $201 million buyback; $3 buyback price; runs through Oct. 29. Why it matters: The sale leaves SkyAI holding $223.8 million in cash, funding a buyback that runs until late October.

SkyAI sold its entire Solana treasury and launched a $201 million buyback at $3 per share, running through Oct. 29.

The sale leaves SkyAI holding $223.8 million in cash, funding a buyback that runs until late October.