Bastion Trading, SkyAI's 9.99% shareholder, challenges cash tender offer, demands disclosure of SOL sales

Bastion Trading, SkyAI's 9.99% shareholder, is challenging the proposed cash tender offer announced October 11, demanding immediate and full disclosure of SOL sales and board reconstitution. SkyAI's SOL holdings have fallen at least 70% since Sept. 14, from over 2 million tokens to about 600,000.

Detected & updated continuously · Source: Nebula