SKYA

Amended offer includes 100% of outstanding pre-funded warrants and adds stapled warrants at $0.17 per warrant Pre-funded warrant holders who tendered before the amendment must tender again Offer extended to November 12, 2026 NEW YORK, Nov. 02, 2026 (GLOBE NEWSWIRE) -- SkyAI, Inc. (Nasdaq: SKYA) (“SkyAI” or the “Company”) today announced amendments to its previously announced cash tender offer (the “Offer”), expanding the Offer to include 100% of the Company's outstanding cash pre-funded warrants and cryptocurrency pre-funded warrants, as well as all outstanding cash stapled warrants and cryptocurrency stapled warrants. The Company has also extended the expiration of the Offer to one minute after 11:59 p.m.

Bastion Trading to Tender All of Its Shares, Pre-Funded Warrants and Stapled Warrants into SkyAI's Amended Cash Tender Offer

Bastion, a Major Stockholder of SkyAI, Agrees to Tender All of Its Shares and Warrants and Enters Into Support Agreement

Increase the tender price to 100% of net asset value Cancel the strategic advisor warrants and return the value pro rata to investors Expand the tender offer from 95% to 100% of common shares and pre-funded warrants Provide transparency on the Board's oversight of the SOL treasury liquidation and tender process NEW YORK, Oct. 21, 2026 /PRNewswire/ -- Third Eye, one of the largest shareholders of SkyAI, Inc. (Nasdaq: SKYA), today expressed support for Bastion Trading's October 21, 2026 call for improved tender offer terms for SkyAI shareholders and pre-funded warrant holders. Third Eye believes the Board should revise the offer to return fair value to investors following the liquidation of the Company's SOL treasury.

Demands Executive Chairman Danner and Directors Christiansen, Ruemler and Monroe Explain Their Roles in Approving the Complete SOL Liquidation and Tender Offer Calls for Voluntary Resignations or Special Stockholder Meeting if Directors Cannot Demonstrate Meaningful Accountability Reiterates Demands for Better Tender Offer Terms for the Benefit of All Stockholders and Pre-Funded Warrant Holders NEW YORK, Oct. 21, 2026 (GLOBE NEWSWIRE) --  Bastion Trading Limited (“Bastion Trading,” “we” or “our”), a major stockholder of SkyAI, Inc. (Nasdaq: SKYA) (“SkyAI” or the “Company”) that, together with certain of its affiliates, beneficially owns approximately 9.99% of the Company's outstanding common stock, today called on SkyAI's Executive Chairman and directors Christiansen, Ruemler and Monroe (“Directors”) to publicly and transparently account for their roles in overseeing the liquidation of the Company's entire SOL treasury, without stockholder input or advance notice, and in approving the cash tender offer (the “Tender Offer”). On October 16, 2026, the Company launched its previously announced Tender Offer1 without meaningfully addressing the serious governance concerns and specific demands for improved offer terms raised in Bastion Trading's October 14, 2026 public statement.2 SkyAI also revealed in those filings that it has liquidated its entire SOL treasury, fundamentally transforming the Company's asset composition and principal business.3 Just one month earlier, and four days before its annual meeting, the Company told stockholders that it “reaffirms its commitment to its Solana DAT strategy” and that it continued to hold more than two million SOL.4 Bastion Trading believes the Executive Chairman and Directors must clearly and transparently demonstrate their oversight of and reasoning for these extraordinary decisions.

NEW YORK, Oct. 19, 2026 (GLOBE NEWSWIRE) -- SkyAI, Inc. (Nasdaq: SKYA) (“SkyAI” or the “Company”) commenced on October 16, 2026 its previously announced cash tender offer (the “Offer”) to purchase up to 95% of each class of its outstanding common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic warrants at a purchase price of $3.00 per share or warrant in cash. Based on our cash holdings as of October 16, 2026, the purchase price represents an approximately 0.95x multiple of our net asset value (“mNAV”).1

SkyAI will commence a cash tender offer on October 15, 2026 for up to 95% of its outstanding shares, pre-funded warrants and strategic advisor warrants at $3.00 per share or warrant

Questions Legitimacy of Incumbent Board Following Overwhelming Stockholder Withhold Vote; Calls for Independent Oversight and Materially Improved Tender Offer Terms Announces that Bastion Trading Will Not Participate in the Proposed Tender Offer Unless Its Concerns Are Satisfactorily Addressed NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Bastion Trading Limited (“Bastion Trading,” “we” or “our”), a major stockholder of SkyAI, Inc. (Nasdaq: SKYA) (“SkyAI” or the “Company”) that, together with certain of its affiliates, beneficially owns approximately 9.99% of the Company's outstanding common stock, today expressed serious concerns regarding SkyAI's proposed cash tender offer announced on October 11, 2026 (the “Tender Offer Announcement”)1, including the lack of transparency surrounding the Company's recent disposal of approximately 70% of its Solana (SOL) holdings2, the legitimacy of the incumbent Board of Directors (the “Board”) after the Company's 2026 annual meeting of stockholders (the “2026 Annual Meeting”), and the fairness of the proposed tender offer terms. Massive Disposal of SOL Treasury Raises Serious Concerns and Disclosure and Securities Law Questions Bastion Trading is particularly alarmed by the Company's lack of transparency surrounding its recent massive SOL disposals.

NEW YORK, Sept. 24, 2026 (GLOBE NEWSWIRE) -- SkyAI, Inc. (Nasdaq: SKYA) (“SkyAI” or the “Company”) today issued the following statement regarding the voting results at the Company's 2026 Annual Meeting of Shareholders (the “Annual Meeting”).

A Special Committee of independent directors carefully reviewed Forward's all-stock proposal before determining it was not in the best interests of shareholders