SkyAI Rejects Forward Industries Bid, Plans $3 Tender Offer
The offer covers up to 46.37 million shares and 20.72 million warrants, with a maximum aggregate purchase price of about $201 million. SkyAI plans to fund it with cash and Solana sales. Completion requires at least 50% participation in each security class and SOL remaining above $100. The $3 offer is a 65% premium to t