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Bastion Trading Calls on SkyAI Chairman and Directors to Demonstrate Accountability and to Provide a Better Tender Offer for All Stockholders and Pre-Funded Warrant Holders

GlobeNewswire Inc.·
Bastion Trading Calls on SkyAI Chairman and Directors to Demonstrate Accountability and to Provide a Better Tender Offer for All Stockholders and Pre-Funded Warrant Holders

Bastion Trading, a major SkyAI stockholder owning ~9.99% of the company, demands accountability from SkyAI's Executive Chairman and board directors regarding the complete liquidation of the company's SOL treasury and the $3.00 per share tender offer. Bastion Trading calls for increased tender offer price to at least $3.50, full disclosure of insider holdings, exclusion of strategic advisor warrants, and voluntary resignations or a special stockholder meeting if directors cannot demonstrate meaningful oversight and fiduciary responsibility.

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