SkyAI Expands Tender Offer to Include All Pre-Funded and Stapled Warrants
Bitget2026/11/02 13:32- SkyAI expanded its tender offer to 100% of outstanding pre-funded and stapled warrants, extending expiration to November 12, 2026.
- The offer covers up to 48,311,489 common shares, or 95% of the class, at $3 per share.
- Pre-funded warrants and strategic warrants receive $2.9999 each; cash stapled warrants and cryptocurrency stapled warrants receive $0.17 each.
- Full acceptance would cost approximately $214.3 million, funded from approximately $223 million in cash on hand.
- Previously tendered pre-funded warrants must be tendered again using amended documents; existing common stock tenders remain valid.
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