Solana Treasury Firm SkyAI Plans $201M Share Buyback After SOL Sale
SkyAI plans to buy back as much as 95% of its outstanding shares and warrants for $3 each, using cash and proceeds from selling solana. The move comes after the company sold roughly half its SOL treasury and rejected an unsolicited stock-for-stock bid from Forward Industries. SkyAI Offers $3 Cash Exit for 95% of Shares […]
Key Takeaways
- SkyAI plans to buy back as much as 95% of its outstanding shares and warrants for $3 each, using cash and proceeds from selling solana.
- The move comes after the company sold roughly half its SOL treasury and rejected an unsolicited stock-for-stock bid from Forward Industries.
- SkyAI Offers $3 Cash Exit for 95% of Shares […]
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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