SkyAI Faces Shareholder Pressure Over Solana Sales Ahead of $201M Offer
Key Highlights: Bastion Trading has suspended its participation in SkyAI’s planned transaction until management discloses detailed execution data on its recent Solana sales. Discrepancies emerged after SkyAI’s Form 8-K showed only about 600,000 $SOL remaining, contrasting with earlier statements indicating a larger treasury position following a nearly one million token liquidation. Bastion is demanding that ...