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Live News EQUITY ARTICLE M impact

Third Eye Urges SkyAI to Raise Tender Offer to Full NAV

SkyAI shareholder Third Eye backs a call to pay 100% of NAV, redirect value from cancelled strategic advisor warrants to investors, and expand the tender cap to 100% of shares and pre-funded warrants.

Third Eye, a major SkyAI shareholder, backed Bastion Trading’s request to improve SKYA’s tender offer. It called for payment at 100% of NAV, cancellation of the strategic advisor warrants with their value redirected to investors, and an increase in the tender cap to 100% of shares and pre-funded warrants.