SkyAI rejects Forward Industries' $2.13 per share buyout offer
- —Non-binding offer: payable in cash, Forward stock, or a combination
- —SkyAI holds over 2 million SOL with no debt and has earned $12 million from staking
- —SkyAI validator yield from August 23 to September 8 was 6.01% versus the network average of 5.57%
- —The dispute stems from a plan to allocate 7.2% of company shares to about 30 employees
Why it matters: The case shows that for DAT companies, not only coin reserves matter but also capital structure, share dilution, and management compensation.
Source: TokenPost