SkyAI to launch $3.00-per-share tender offer October 15, seeking up to 95% of shares
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.
Key points
- 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
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.