Solana Treasury Firm SkyAI Sells Entire Holdings After Previously Accumulating Two Million SOL
Photo: Pixabay (illustration)
SkyAI said on 19 October that it held about US$223.8 million (AU$320.03 million) in cash as of 16 October and had completed the sale of all its SOL. Its cash tender offer at US$3.00 (AU$4.29) a share or warrant opened on 16 October and expires on 29 October, with a full take-up costing about US$201.3 million (AU$287.86 million). Holder Bastion Trading, with about 9.99% of the stock, says it will not tender and wants at least US$3.50 (AU$5.01) plus disclosure of the SOL sale prices.
Source: Crypto News Australia
