Bastion Trading challenges SkyAI's proposed $201 million buyback

10 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$201M

proposed buyback

$SOL

$104.64

-2.1%

Bastion Trading, which, with affiliates, owns about 9.99% of SkyAI (Nasdaq: SKYA), challenged the company’s proposed $201 million buyback on October 14. SkyAI’s Solana holdings had fallen roughly 70% in under a month, and Bastion wants to…