SkyAI, Inc.: commences tender offer to buy up to 95% of shares and warrants

What happened

• SkyAI, Inc. issued a press release on Oct 19, 2026 announcing that it commenced its previously announced tender offer on Oct 16, 2026 to purchase up to 95% of each class of its outstanding common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic advisor warrants at a purchase price of $3.00 per share or warrant in cash.
• The Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase dated Oct 16, 2026 and related letters of transmittal, filed as part of a Schedule TO with the SEC.

Key details

• Purchase price: $3.00 per share or warrant in cash.
• Maximum tender: up to 95% of each class of outstanding common stock and warrants.
• Offer documents: Offer to Purchase dated Oct 16, 2026 and related materials filed on Oct 16, 2026 as part of the Schedule TO.
• Press release announcing the Offer was attached to the Form 8-K.

Why it may matter

• The filing reports Item 8.01 (other events) and covers the company's announcement that it commenced the tender offer and the terms of that offer. The filing does not show why the insider traded or why the company acted.