SkyAI, Inc. (Nasdaq: SKYA), formerly Sharps Technology, Inc., files with the SEC as a Nevada corporation with its principal executive office in Melville, New York, and a fiscal year that ends December 31. The annual report on Form 10-K and quarterly reports on Form 10-Q cover operating and financial results, with segment reporting that separates the digital asset treasury from the legacy medical device business, along with capital structure, material agreements, related-party consulting and advisory arrangements, and governance matters.
Current reports on Form 8-K record the change of name and ticker under Item 5.03, along with amended and restated bylaws that added advance notice requirements for stockholder proposals and director nominations and a Nevada exclusive forum provision. Other 8-Ks cover an updated code of business conduct and ethics under Item 5.05, annual meeting vote results under Item 5.07, officer appointments and employment agreements, a lock-up agreement with a strategic advisor, and, under Item 8.01, the special committee’s and the board’s conclusion on Forward Industries’ initial all-stock proposal.
The DEF 14A proxy statement covers the annual meeting, including director elections, ratification of the independent registered public accounting firm and an equity incentive plan, and describes the company’s repositioning from its medical device business to a digital asset treasury strategy. Registration statements on Form S-3 cover securities offerings. Insiders report their holdings and trades on Forms 3 and 4, and shareholders with stakes above five percent report them on Schedule 13D and Schedule 13G.
SkyAI, Inc. (SKYA) is offering to purchase for cash up to 48,311,489 shares of common stock, including associated preferred share purchase rights, plus up to 4,880,734 cash pre-funded warrants, 9,939,850 cryptocurrency pre-funded warrants and 3,955,293 strategic warrants. The purchase price is $3.00 per share, less $0.0001 for the pre-funded and strategic warrants. Payment is in cash, less applicable withholding taxes and without interest, subject to the terms and conditions of the Offer to Purchase dated October 15, 2026.
This amendment adds an email from MacKenzie Partners, Inc. to shareholders and an October 19, 2026 company press release to the exhibit list.
SkyAI, Inc. commenced on October 16, 2026, a cash tender offer to purchase up to 95% of each class of its outstanding common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic warrants. The offer covers up to 48,311,489 common shares, 4,880,734 cash pre-funded warrants, 9,939,850 cryptocurrency pre-funded warrants and 3,955,293 strategic warrants. The stated price is $3.00 per share or warrant; warrant payments are reduced by the $0.0001 exercise price, and holders may tender warrants without first exercising them. SkyAI said the price represents approximately 0.95x its net asset value.
As of October 16, 2026, SkyAI held approximately $223.8 million in cash and had completed the sale of all its SOL. If fully subscribed, the offer's aggregate purchase price would be approximately $201.3 million. SkyAI will pay for accepted securities and related fees and expenses from cash on hand; the offer has no financing condition and requires no borrowing. The offer is subject to minimum tender conditions.
SkyAI, Inc. (SKYA) offered to purchase up to 48,311,489 common shares, including associated preferred share purchase rights, and up to 4,880,734 cash pre-funded warrants, 9,939,850 cryptocurrency pre-funded warrants, and 3,955,293 strategic warrants. The stated purchase price is $3.00 per share, less $0.0001 for pre-funded and strategic warrants. Payment to sellers is in cash, less applicable withholding taxes and without interest.
SkyAI, Inc. (SKYA) announced plans to launch its previously announced tender offer on October 15, 2026. The offer has not commenced and may not commence. Any solicitation and offer will be made only pursuant to a tender offer statement on Schedule TO, including an offer to purchase, a letter of transmittal and related materials that the company intends to file with the SEC.
SkyAI, Inc. (SKYA) plans to commence on October 15, 2026, after market close, a cash tender offer for up to 95% of each class of its outstanding common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic advisor warrants, at $3.00 per share or warrant. The offer has not yet commenced and may not commence; it is subject to the conditions in the Offer to Purchase, including a minimum condition for each class. The company says the price is a 65% premium to its October 9 closing share price.
The offer is set to expire one minute after 11:59 p.m. New York City time on October 29, 2026, unless extended or earlier terminated. As of October 14, 2026, SkyAI held approximately $204.6 million in cash and approximately 210,000 locked SOL. It reported recent SOL sales at an average of $107.51 per SOL, net of fees, and intends to continue selling its remaining SOL. The company expects to hold no SOL after completion of the offer.
SkyAI, Inc. announced its current intention to commence a cash tender offer 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 in cash. The offer is expected to begin on or about October 15, 2026 and continue for 10 business days, unless extended or earlier terminated. The offer has not yet commenced and may not commence.
SkyAI, Inc. announced its current intention to commence a cash tender offer 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 for $3.00 per share in cash, with an expected maximum aggregate purchase price of approximately $201 million. The offer is expected to commence on or about October 15, 2026, and continue for 10 business days unless extended or terminated earlier. It is contingent on at least 50% of each class being validly tendered and not withdrawn, and SOL remaining above $100 per SOL throughout the offer period. The offer has not commenced and may not commence.
SkyAI expects to fund purchases with cash on hand and proceeds from SOL sales, and says the offer has no financing condition because its current cash and the market value of its digital assets exceed the maximum aggregate purchase price. It suspended other common-stock repurchases until at least 10 business days after the offer expires. The Board rejected Forward Industries’ latest unsolicited, non-binding proposal, an exchange of 0.306 Forward shares per SkyAI share, after determining it undervalued SkyAI and was not in shareholders’ best interests.
SkyAI, Inc. (SKYA) ten-percent owner Bastion Trading Ltd purchased 44,000 common shares on October 7, 2026, at a weighted average price of $1.7787 per share under a Rule 10b5-1 plan. The purchases were made in multiple transactions at prices from $1.7700 to $1.7900. Bastion Trading’s direct holdings after the purchase were 1,429,417 shares.
The report also lists Pre-Funded Warrants for 4,234,615 underlying common shares and Stapled Warrants for 5,384,615 underlying common shares; both are subject to a 9.99% beneficial ownership limit, and neither was currently exercisable as of October 7, 2026. The Stapled Warrants have a $9.75-per-share exercise price and expire August 25, 2028. Separately, Lucio Holding Limited held 2,940,075 common shares indirectly; its director, Wei Zhu, may be deemed to beneficially own them.
For SkyAI, Inc. (SKYA), Bastion Trading Limited reported 1,385,417 directly held common shares and Pre-Funded and Stapled Warrants underlying 4,234,615 and 5,384,615 common shares, respectively; Lucio Holding Limited reported 2,940,075 indirectly held common shares as of October 7, 2026. Both warrant classes are subject to a 9.99% beneficial-ownership limit, and neither was currently exercisable. The joint reporting persons disclaim beneficial ownership except to the extent of their pecuniary interests.
SkyAI, Inc. (SKYA) reported results from its September 18, 2026 annual meeting, where 35,551,429 shares were represented in person or by proxy out of 43,247,506 shares eligible to vote as of August 11, 2026. The represented shares were approximately 82.2% of eligible shares and constituted a quorum.
Among the five director nominees, Yuwen (Alice) Zhang received 9,200,392 votes for and Paul K. Danner received 9,118,922. Soren Bo Christiansen, Jason Monroe, and Timothy J. Ruemler received 6,894,675, 6,901,524, and 7,499,764 votes for, respectively.