• SkyAI plans a cash tender offer to repurchase up to 95% of each class of its common stock and pre-funded warrants.
• Offer price set at USD 3.00 per share or pre-funded warrant, implying a maximum aggregate purchase price of about USD 201 million.
• Launch targeted for about Oct. 15, 2026; expected to run 10 business days unless extended or terminated earlier.
• Completion requires at least 50% of each class tendered; also conditioned on SOL staying above USD 100 per SOL.
• Funding expected from cash on hand, supported by sales of SOL from treasury holdings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SkyAI Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610112314PRIMZONEFULLFEED9843637) on October 12, 2026, and is solely responsible for the information contained therein.