SkyAI to Commence $3.00 Per Share/Warrant Tender Offer and File Offer Materials with the SEC After Market Close on October 15, 2026

SkyAI announced a cash tender offer commencing October 15, 2026, to purchase up to 95% of its outstanding shares and warrants at $3.00 per share/warrant, representing a 65% premium to the prior closing price. The company holds approximately $204.6M in cash and 210,000 locked SOL, with plans to liquidate all SOL holdings. The offer values the company at approximately 0.95x mNAV and expires October 29, 2026.