# SkyAI Shareholder Demands Board Accountability

> Bastion Trading demands SkyAI explain full Solana sale and improve cash tender offer terms.
- Title: SkyAI Shareholder Demands Board Accountability · TokenPost
- Summary: Bastion Trading demands SkyAI explain full Solana sale and improve cash tender offer terms. SkyAI's 9.99% shareholder Bastion Trading wants the company to…
- Keywords: skyai, bastion trading, solana, cash tender offer, shareholder, board accountability, crypto, finance, Demands, Board, Accountability, TokenPost
- Source: TokenPost — https://tokenpost.com/news/business/37245
- Published: 2026-10-22T00:54:09+00:00
- Read time: 1 min
- Topics: skyai, bastion trading, solana, cash tender offer, shareholder, board accountability, crypto, finance
## Bastion Trading Demands Explanation
Bastion Trading, SkyAI's 9.99% shareholder, demands a public explanation of the company's full Solana treasury sale and better terms for its cash tender offer.
## Specific Terms Requested
Bastion wants SkyAI to raise the offer from $3 a share to at least $3.50 and increase pre-funded warrants eligible for purchase from 95% to 100%.
## Additional Demands
Bastion also seeks disclosures on securities held by directors, executives, and related parties, including potential gains, and details of SkyAI's SOL sale, assets, liabilities, and offer basis.
## Key takeaway

SkyAI's 9.99% shareholder Bastion Trading wants the company to raise its cash tender offer from $3 to $3.50 per share and include 100% of pre-funded warrants.