Common Stock, par value $0.0001
- Symbol
- SKYA
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 8.01, 9.01 · 8-K
SkyAI, Inc.
SKYANASDAQEQUITYCurrent
Other Events
Item Other 8.01. Events. On October 11, 2026, SkyAI, Inc. (“SKYAI”) announced its current intention to commence a cash tender offer (the “Offer”) to purchase up to 95% of each class of its outstanding common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic advisor warrants at a purchase price of $3.00 per share in cash.…
Company context
Current securities
Registered securities in this filing
SkyAI, Inc. · 8-K · Filed 2026-10-13
Common Stock Purchase Warrants
- Symbol
- SKYAW
- Exchange
- NASDAQ
- Classification
- WARRANT
- Status
- Current
Disclosure sections
Item 8.01Item 8.01 - Other Events
Item Other
8.01. Events.
On
October 11, 2026, SkyAI, Inc. (“SKYAI”) announced its current intention to commence a cash tender offer (the “Offer”)
to purchase up to 95% of each class of its outstanding common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and
strategic advisor warrants at a purchase price of $3.00 per share in cash. The Offer is currently expected to commence on or about October
15, 2026 and SKYAI anticipates that it will continue for 10 business days, unless extended or earlier terminated in accordance with the
terms of the Offer. The Offer will be contingent upon subscription of a minimum of 50% of each class
being validly tendered and not validly withdrawn, and on the price of SOL remaining above $100 per SOL during the Offer period.
Attached
as Exhibit 99.1 and incorporated by reference herein is a copy of SKYAI’s press release, dated October 11, 2026, announcing SKYAI’s
current intention to commence the Offer.
As
of the date of this report on Form 8-K, SKYAI retains
approximately 600,000 SOL
and has approximately 80%
of the cash required for the Offer.
Filed exhibits (1)
Exhibit 99.1 SkyAI Announces Intention to Commence Cash Tender Offer to Purchase Common Stock and Pre-funded Warrants at $3.00 Per Share/Pre-funded Warrant SkyAI intends to purchase up to 95% of each class of its outstanding common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic advisor warrants Purchase price represents a 65% premium above SkyAI’s closing share price on October 9, 2026, and an over 100% premium to the 60-day volume-weighted average price The Board rejects Forward Industries’ latest unsolicited proposal after determining it undervalues SkyAI and is not in the best interests of shareholders October 11, 2026 - SkyAI, Inc. (Nasdaq: SKYA) (“SkyAI” or the “Company”) today announced that it intends to commence a tender offer (the “Offer”) to purchase up to 95% of each class of its outstanding common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic advisor warrants at a purchase price of $3.00 per share in cash (the “Purchase Price”). This price represents a 65% premium above SkyAI’s closing share price on October 9, 2026, and a premium of over 100% to the 60-day volume-weighted average price of SKYA.…
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