Bastion Trading Challenges SkyAI’s Proposed Tender Offer, Demands Immediate and Full Disclosure of SOL Sales and Board ReconstitutionQuestions Legitimacy of Incumbent Board Following Overwhelming Stockholder Withhold Vote; Calls for Independent Oversight and Materially Improved Tender Offer Terms
Bastion Trading Calls on SkyAI to Respect Clear Stockholder Message by Promptly Engaging to Meaningfully Reconstitute the BoardHighlights that Every Incumbent Director Nominee Received Substantially More Withheld Votes Than Votes in Favor, by as Much as Nearly 3 to 1, and that Stockholders Rejected the 2026 Equity Incentive Plan by Approximately 82%
