From TokenPost · · 40s
Bastion Trading Demands SkyAI Treasury Explanation
Bastion Trading pushes SkyAI to explain full Solana treasury sale and raise tender offer to $3.50 per share.
In brief
Bastion Trading pushes SkyAI to explain full Solana treasury sale and raise tender offer to $3.50 per share. Bastion Trading, a SkyAI shareholder, demands SkyAI’s board explain its full Solana position liquidation and increase tender offer from $3 to $3.50 per share. Originally reported by TokenPost.
Bastion Trading
Bastion Trading, a SkyAI shareholder, demands SkyAI’s board explain why it liquidated all SOL holdings.
Tender Offer Demand
Bastion Trading calls for tender offer price to rise from $3 to at least $3.50 per share, adding 16.7% to current offer.
Shareholder Pressure
The requests put SkyAI’s governance and tender terms at the center of shareholder dispute over treasury choices.
The bottom line
Bastion Trading, a SkyAI shareholder, demands SkyAI’s board explain its full Solana position liquidation and increase tender offer from $3 to $3.50 per share.
