Forward Industries Sweetens SkyAI Takeover Offer to 50% Premium
Forward Industries (FWDI) raised its takeover offer for SkyAI (SKYA) to a 50% premium, valuing it at $2.13 per share. The updated proposal includes cash, shares, or a combination. SkyAI rejected the initial bid, citing shareholders' best interests. SkyAI's Solana treasury holds 2M SOL with no debt and reported $12M in staking revenue. Forward urged shareholders to withhold votes from SkyAI's board.









