SkyAI Exits SOL Holdings and Announces a $201M Solana Buyback
SkyAI, previously known as Sharps Technology, has exited its Solana holdings and is now seeking to return capital to shareholders through a cash-funded tender offer. The company said it sold its entire SOL treasury and, in a filing with the U.S. Securities and Exchange Commission, disclosed approximately $223.8 million in cash remaining after the liquidation.