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. 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 […]
Key Takeaways
- 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 […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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