Every material Form 8-K SkyAI, Inc. has filed with the SEC since October 14, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
On October 27, 2026, SkyAI, Inc. entered into a tender support and settlement agreement with Bastion Trading Limited, a major stockholder, and amended its ongoing cash tender offer. The amended offer raises the purchase of pre-funded warrants to 100% of each class from 95%, adds stapled warrants at $0.17 each, and extends the offer to November 12, 2026. If all securities sought are tendered, the company would pay about $214.3 million from cash on hand, compared with the approximately $223 million it reported holding.
Bastion agreed to tender all its shares, pre-funded warrants and stapled warrants, and to a three-year standstill.
Cash and cryptocurrency stapled warrants are added at $0.17 each, with purchases of up to 100% of each class.
Pre-funded warrant purchases rise to 100% of each class from 95%, at $3.00 per warrant less the $0.0001 exercise price.
The company sold about 2 million SOL and no longer holds any SOL; the offer expires one minute after 11:59 p.m. New York time on November 12, 2026.
SkyAI commenced on October 16, 2026, a cash tender offer to buy up to 95% of each class of its common stock and warrants at $3.00 per share or warrant, with the offer set to expire on October 29, 2026 unless extended. If fully subscribed, the purchase would cost about $201.3 million, paid from cash on hand of about $223.8 million as of October 16, 2026. For shareholders, the offer gives an option to sell for cash at a price the company says is about 0.95 times its net asset value, but it would use most of the company's cash.
Offer expires at one minute after 11:59 p.m. New York City time on October 29, 2026, unless extended or terminated early
Seeks up to 48,311,489 common shares, 4,880,734 cash pre-funded warrants, 9,939,850 cryptocurrency pre-funded warrants and 3,955,293 strategic warrants
Company held about $223.8 million in cash as of October 16, 2026, and has sold all of its SOL; the offer has no financing condition
Each class is conditioned on at least 50% of that class being tendered; the Board approved the offer but makes no recommendation to holders
SkyAI, Inc. said it will begin its previously announced cash tender offer on October 15, 2026, when it files a Schedule TO with the SEC after market close. The offer seeks up to 95% of each class of shares and warrants at $3.00 each, a price the company says is a 65% premium to its October 9, 2026 closing share price, and the company expects to hold no SOL once the offer is completed.
Purchase price of $3.00 per share or warrant in cash, a 65% premium to the October 9, 2026 closing share price
Offer expires at one minute after 11:59 p.m. New York City time on October 29, 2026, unless extended or terminated earlier
As of October 14, 2026, the company held about $204.6 million in cash and about 210,000 locked SOL, and sold SOL at an average of $107.51 net of fees
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