According to CoinMeta, NASDAQ-listed company SkyAI (SKYA) announced the launch of a cash offer to repurchase up to 95% of its issued common shares and related warrants in each class at a price of $3 per share or per warrant. If fully subscribed, the total transaction amount is approximately $201.3 million. As of October 16, the company held about $223.8 million in cash and had already sold all of its SOL, therefore this offer is no longer linked to the price of SOL. The offer is expected to expire on October 29.