SkyAI issued $101M of warrants to an entity owned by the brother of SkyAI's CIO.
This is almost twice the current market cap of the company, which also reported a $23M loss in Q2 on $2.3M in staking revenue.
Forward Industries urges shareholders of SkyAI to vote no at 2026 annual meeting.
We believe SkyAI shareholders deserve greater accountability from a board that has failed to deliver value.
globenewswire.com/news-release/2…
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