{"id":1003240,"date":"2026-09-14T11:08:14","date_gmt":"2026-09-14T15:08:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/"},"modified":"2026-09-14T11:08:14","modified_gmt":"2026-09-14T15:08:14","slug":"skyai-comments-on-forward-industries-letter-and-reaffirms-strategy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/","title":{"rendered":"SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>A Special Committee of independent directors carefully reviewed Forward\u2019s all-stock proposal before determining it was not in the best interests of shareholders\u00a0<\/em>\n      <\/p>\n<p align=\"center\">\n        <em>SkyAI reaffirms commitment to its Solana DAT strategy and continues to hold more than two million SOL with no debt<\/em>\n      <\/p>\n<p align=\"center\">\n        <em>Board reiterates commitment to transparency and strong governance<\/em>\n      <\/p>\n<p>NEW YORK, Sept.  14, 2026  (GLOBE NEWSWIRE) &#8212; SkyAI, Inc. (Nasdaq: SKYA) (\u201cSkyAI\u201d or the \u201cCompany\u201d), a financial technology company with a Solana digital asset treasury (\u201cDAT\u201d) that is building an agentic finance platform, today issued the following statement regarding a recent public letter from Forward Industries, Inc. (\u201cForward\u201d).<\/p>\n<p>SkyAI\u2019s Board of Directors (the \u201cBoard\u201d) remains committed to acting in the best interests of all shareholders. The Board believes shareholders should have the full facts and context as they consider the matters before them at the upcoming Annual Meeting.<\/p>\n<p>\n        <strong>The Special Committee thoroughly reviewed Forward\u2019s acquisition proposal and determined it was not in the best interests of shareholders <\/strong>\n      <\/p>\n<p>The Board carefully evaluates opportunities that may enhance shareholder value. After receiving Forward\u2019s unsolicited, non-binding, all-stock acquisition proposal in June, the Board established a Special Committee consisting entirely of independent directors to carefully evaluate the proposal.<\/p>\n<p>The Special Committee, with the assistance of independent advisors, considered factors such as the terms and structure of the proposal, including its all-stock nature and associated risks and uncertainties, as well as SkyAI\u2019s standalone prospects.<\/p>\n<p>Following its review, the Special Committee unanimously concluded that Forward\u2019s proposal was not in the best interests of shareholders and that continuing to execute SkyAI\u2019s standalone strategy offered a more compelling opportunity for long-term value creation. The full Board has subsequently reached the same conclusion.<\/p>\n<p>The Board stands by its decision and remains committed to guiding and overseeing SkyAI\u2019s strategy for the benefit of all shareholders.<\/p>\n<p>\n        <strong>SkyAI reaffirms its commitment to its Solana DAT strategy<\/strong>\n      <\/p>\n<p>SkyAI continues to hold more than two million SOL as its primary treasury reserve asset. Nearly all of the Company\u2019s SOL is staked with institutional validators, enabling SkyAI to participate directly in securing the Solana network while generating staking revenue. SkyAI currently intends that revenue from the DAT strategy will fund cash operating expenses including DAT operations, corporate expenses and R&amp;D.<\/p>\n<p>From the launch of its treasury strategy in August 2025 through June 30, 2026, SkyAI recognized more than $12 million in staking revenue, net of validator commissions. As of that date, the Company also held approximately $12.1 million in cash and stablecoins and had no outstanding debt. Over the ten epochs from August 23 to September 8, 2026, SkyAI\u2019s Solana validator generated an annualized gross yield of 6.01% in SOL, compared with a stake-weighted average of 5.57% across all Solana validators over the same epochs<sup>1<\/sup>.<\/p>\n<p>The Company\u2019s conviction in Solana extends beyond its treasury holdings. SkyAI is building its agentic finance platform on Solana and believes the network\u2019s speed, cost structure, developer ecosystem, and growing application activity make it well positioned to support the next generation of on-chain financial and AI products.<\/p>\n<p>Continued growth across the Solana ecosystem reinforces that conviction. Solana has led all blockchains in application revenue for nine consecutive quarters through the second quarter of 2026, and applications built on Solana generated more revenue in August than applications on any other blockchain.<\/p>\n<p>SkyAI believes its combination of a substantial SOL treasury, staking participation, and technology development on Solana creates differentiated exposure to the continued growth of the ecosystem.<\/p>\n<p>\n        <strong>The Board is committed to strong governance and oversight<\/strong>\n      <\/p>\n<p>The Board recognizes the importance of effective governance and transparency. The Company has publicly disclosed its relationships and arrangements with its consultant and strategic advisor in prior filings. These agreements were reviewed by the Board, with the assistance of independent advisors, and were entered into by the Company on August 25, 2025, prior to the closing of the August 2025 private placement (the \u201cPIPE\u201d) on August 28, 2025.<\/p>\n<p>The strategic advisor warrants issued to SOL Markets cover 6,321,367 shares, calculated as 10% of the shares issued in the PIPE. The approximately $101.3 million figure cited in Forward\u2019s letter is not a cash payment to the strategic advisor; rather, it represents the grant-date accounting fair value required to be recognized under U.S. GAAP for the warrants issued in August 2025. The strategic advisor has not sold any shares or warrants of the Company and continues to hold its full position without any hedging instruments.<\/p>\n<p>SkyAI\u2019s related-party transactions policy requires Audit Committee approval of covered transactions involving directors, officers, 5% shareholders and their affiliates. The Board will continue to oversee related-party matters and act in the best interests of shareholders.<\/p>\n<p>The Board will continue to evaluate the Company\u2019s governance practices as SkyAI grows and evolves.<\/p>\n<p>\n        <strong>The 2026 Equity Incentive Plan aligns talent with long-term shareholder value and reflects market norms<\/strong>\n      <\/p>\n<p>SkyAI\u2019s transformation from its legacy medical device business into a DAT and financial technology company requires new capabilities across digital assets, artificial intelligence, blockchain infrastructure, and financial services. Attracting and retaining that talent requires SkyAI to offer compensation that is competitive with other technology and DAT companies while aligning employees, executives, and directors with long-term shareholders.<\/p>\n<p>In determining the size of the proposed 2026 Equity Incentive Plan, the Board considered the remaining capacity under the existing plan, anticipated hiring and retention requirements, projected future equity needs, and equity plan authorizations at comparable DAT companies and technology issuers. <strong>Importantly, the proposed authorization remains below the median equity incentive plan authorized by comparable DAT companies when measured on a fully diluted basis, which includes pre-funded warrants and other warrants exercisable at par value.<\/strong><\/p>\n<p>The Board believes the proposed plan represents a measured approach that allows SkyAI to attract and retain talent, aligns compensation with long-term shareholder value, and preserves cash for operations and execution of the Company\u2019s strategy.<\/p>\n<p>\n        <strong>SkyAI\u2019s Board and management are focused on unlocking value for all shareholders<\/strong>\n      <\/p>\n<p>Over the past year, SkyAI has undertaken a significant transformation. The Company has established a substantial Solana treasury, generated staking revenue from those assets, and is building an agentic finance platform.<\/p>\n<p>The Board remains confident that the continued execution of the Company\u2019s strategy will unlock significant value for shareholders.<\/p>\n<p>The Board unanimously recommends that SkyAI shareholders vote FOR each of the Company\u2019s director nominees and FOR the 2026 Equity Incentive Plan at the Annual Meeting on September 18, 2026.<\/p>\n<p>\n        <strong>YOUR VOTE IS IMPORTANT<\/strong><br \/>\n        \n      <\/p>\n<p>To ensure your shares are represented at the Annual Meeting, please submit your vote TODAY: <strong>Vote &#8220;FOR&#8221; All of SkyAI\u2019s Highly Qualified Nominees<\/strong><\/p>\n<p>If you have any questions or require any assistance with voting your shares, please call the Company\u2019s proxy solicitor:<\/p>\n<p align=\"center\">Advantage Proxy, Inc<br \/>P.O. Box 10904<br \/>Yakima, WA 98909<br \/>Attn: Karen Smith<br \/>Toll Free Telephone: (877) 870-8565<br \/>Main Telephone: (206) 870-8565<br \/>E-mail: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vDrMeaPZC1Is96pkvyFJdW1IopNFjVRugZX6xe1gKCQEvG-TGY63WO3t5ylN_OOIN6Pp-dG06d2cmW3AFhWu82CNg96_v-Vvnpilas1vVKWYG24VIKQPyNLLo8lEF_5k\" rel=\"nofollow\" target=\"_blank\">ksmith@advantageproxy.com<\/a><\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p>This press release contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this release other than statements of historical fact are forward-looking statements, including statements regarding the Company\u2019s strategy and product roadmap and the potential opportunities such initiatives may create. Forward-looking statements are based on current expectations, assumptions, and beliefs, and involve risks and uncertainties that could cause actual results to differ materially.<\/p>\n<p>These risks and uncertainties include, among others: the Company\u2019s ability to successfully execute its digital asset treasury and AI technology strategies; the price of SOL and the level of staking rewards; the outcome of the Annual Meeting and any further actions by Forward or other shareholders; and general market, economic, and business conditions. Additional risks are described in the \u201cRisk Factors\u201d section of the Company\u2019s filings with the Securities and Exchange Commission (the \u201cSEC\u201d), which are available on the SEC\u2019s website at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ym63oDtax7VTJQgPd1uNWxw7CSYJQ0QHF4GekfqQ1bwuyxRBc0es574yoOsjhig6f07X86gjkFibA33aOQhY_A==\" rel=\"nofollow\" target=\"_blank\"><u>www.sec.gov<\/u><\/a>.<\/p>\n<p>Forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update or revise these statements, whether as a result of new information, future developments, or otherwise, except as required by law.<\/p>\n<p>\n        <strong>Important Additional Information\u00a0and Where to Find It<\/strong>\u00a0<\/p>\n<p>The Company has filed a definitive proxy statement with the SEC in connection with its solicitation of proxies for the Annual Meeting. Shareholders are able to obtain the Company\u2019s proxy statement, any amendments or supplements to the proxy statement and other documents filed by the Company with the SEC at no charge at the SEC\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ym63oDtax7VTJQgPd1uNWwUAAD5jrV_oKDuXK7wst3BXMRaVpZpAbM6Uz5zcx1VoaHt2DGP_z-Rg-v8lu3SpW6hNkQkds6P0s8WuimeqsTYnhBUCP5mbbl05-t-jCk9FatmMZKrH2s743U_b8UX87WBAt2C7bNBy5DiiAi7vNUbw6H9qdDx_P59gBwwfMG69edkrRBDFUsvXvp5TNwkckBhf30XWRp-kSA86W1X2-AfHSYOJGsKCUB61YqwwDRNRUi2dlclHXOsaXjn9smwau3VBgfLWG3mVeT3eKohWD0jB-hYkwh-uorIOBC4XRSq4BnkbPthpWonh6qdfl2VwciXhApKxC63Ue_BdhWYorY3WY95eib5M8iT9wGrDya7sc9y3-H5BtRjm4vwg8AWwQRmZqUqGJRvN_Ue-h_fvj2nnVvXd2tQLiUDoy01lzaaZmXaThJ-QOjVwnxb_6YsaMcKiTGAKwbJKYY5gzWlZjScUsnzZ6HMfD8V16w4-b_I6_sbSaU8UuB2sT2ZNcv6_1tAwhG4Um_HFHkmRDb-d1T16iQWm4znf_mtqf7n6XFUbEfX_A5IKH8oc63ujW00DR7luRc4TqSontomrQvOAgfY=\" rel=\"nofollow\" target=\"_blank\">www.sec.gov<\/a>. Copies are also available at no charge at the Company\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DhrUHetCsCdUKOum5LEMBMZeUpOB9pM9uo0RrddjYAbe9J16ub0VJULWH38wGfrufCJokn0uLOQXffwvx37-rwtmPw_OmBb12v8avX5PvI3jdtLBAcf8MCiw544_lRwMPENKOV9egdD8-_Vq9Yyal22hVx3TRSslcTA-Ob2Vzrk=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.skyai.co\/investors\/all-sec-filings<\/a>.<\/p>\n<p>\n        <strong>Participants in the Solicitation<\/strong>\n      <\/p>\n<p>The Company, its directors and certain of its executive officers are deemed to be \u201cparticipants\u201d (as defined in Schedule 14A under the Exchange Act of 1934, as amended) in the solicitation of proxies from the Company\u2019s shareholders in connection with matters to be considered at the Annual Meeting of shareholders. Information about the names of the Company\u2019s directors and officers, and certain other individuals and their respective interests in the Company by security holdings or otherwise, and their respective compensation, is set forth in the Company\u2019s Proxy Statement on Schedule 14A in connection with the Annual Meeting and the Company\u2019s Annual Report on Form 10-K.\u00a0 The Company has also engaged the services of Advantage Proxy, Inc. to solicit proxies from its shareholders.\u00a0\u00a0<\/p>\n<p>\n        <strong>About SkyAI<\/strong>\n      <\/p>\n<p>SkyAI, Inc. (Nasdaq: SKYA), formerly Sharps Technology, Inc., is building Agentic Finance for the Global South that will combine\u00a0stablecoin rails on Solana with AI to deliver financial access, education, and actionable intelligence to the billions of underbanked users across Asia, Latin America, and Africa. For additional information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XOOMzj4neYzCZFVZkeoGXxFKrCSQjwXOSK-3udoXKFIeeqRnUMt-UexSQVOD9DZ3hRjCYaKDlBOg8FdraVwQObZNtuppZxfw4UlfuA3ntT40NqcWT-C3eaAfpr3ozuTdROQlaPQ3iVL4ORMdjVS9jydW-8JGovCT6UNi6re3fXG52AYDWpGIp5GAH4TtZ1W_Q-0Hr1GZBSf5sKhQtuBJqdlydEqRmhnoAuEVncrzTGarwF8rdmpHtfi9KDZuz7NMDEECTuT3ePQH0jUfbV9TlYC0SkIWg_WemCaGE-WbtxC_lDKq_EwpQLlompxP8hlRb7PbSoASDTTXuUBFP4gLeAM541ktls_fylW7YnrqMPXhvUgzHykO6XBN_HQTA_XhcBIb6IuysL4GQGESYV9EAWBYmMeR-S--2IDWNDWOxy28DuNQpOtPhU90VsFnCnlnm_7VZt3clOV17kTgtUofQsEtFdH2jzfcan9hDcj1LJy-JYYFpTtSEMllD1cLWGJ87YyxWVu8HjGC3moKbZJ5Cuf7oLtkgfG6IAQ0Wu8IVaaIlW-tsM7-TTMqGSVNOJX8_HQjr6H8G7y7Tt1MfY-7NwW3jzK6GrVb-H0iGr0ASkXmOz2gedQHeHvpfQx6F8FM\" rel=\"nofollow\" target=\"_blank\">www.theskyai.co<\/a>.<\/p>\n<p>\n        <strong>Media Contact<\/strong><br \/>\n        <br \/>Edelman Smithfield<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DqAmDLihLveJV-wvSRwAf68aX97NmKTKJK78eahnKxLVNUWrloqY5T4ZGMbkUuXxcEJpvRqr8zL1IPAs7pOt3IZbiQzWm0yf-ktxrVxcLh7gdmCK3ew9vfBd8iZnGlcj\" rel=\"nofollow\" target=\"_blank\"><u>SkyAI@edelmansmithfield.com<\/u><\/a><\/p>\n<p>\n        <sup>_________________________________<br \/><\/sup><br \/>\n        <sup>1<\/sup> Data: Trillium (trillium.so), per-epoch validator and network rewards, epochs 1021 to 1030 (August 23 to September 8, 2026), pulled September 9, 2026. Network figures are stake-weighted across all validators. Gross yields comprise inflation rewards, block rewards (priority fees) and MEV before validator commission.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyNTkxMCM3ODMwOTkxIzIyNDcxNjE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YmRlY2VkNjUtMGFjMi00MGJmLWI4M2MtMTE0ZjVkNzkwNWM3LTEyNTg3MTQtMjAyNi0wOS0xNC1lbg==\/tiny\/SkyAI-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Special Committee of independent directors carefully reviewed Forward\u2019s all-stock proposal before determining it was not in the best interests of shareholders\u00a0 SkyAI reaffirms commitment to its Solana DAT strategy and continues to hold more than two million SOL with no debt Board reiterates commitment to transparency and strong governance NEW YORK, Sept. 14, 2026 (GLOBE NEWSWIRE) &#8212; SkyAI, Inc. (Nasdaq: SKYA) (\u201cSkyAI\u201d or the \u201cCompany\u201d), a financial technology company with a Solana digital asset treasury (\u201cDAT\u201d) that is building an agentic finance platform, today issued the following statement regarding a recent public letter from Forward Industries, Inc. (\u201cForward\u201d). SkyAI\u2019s Board of Directors (the \u201cBoard\u201d) remains committed to acting in the best interests of all shareholders. The Board believes shareholders &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1003240","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"A Special Committee of independent directors carefully reviewed Forward\u2019s all-stock proposal before determining it was not in the best interests of shareholders\u00a0 SkyAI reaffirms commitment to its Solana DAT strategy and continues to hold more than two million SOL with no debt Board reiterates commitment to transparency and strong governance NEW YORK, Sept. 14, 2026 (GLOBE NEWSWIRE) &#8212; SkyAI, Inc. (Nasdaq: SKYA) (\u201cSkyAI\u201d or the \u201cCompany\u201d), a financial technology company with a Solana digital asset treasury (\u201cDAT\u201d) that is building an agentic finance platform, today issued the following statement regarding a recent public letter from Forward Industries, Inc. (\u201cForward\u201d). SkyAI\u2019s Board of Directors (the \u201cBoard\u201d) remains committed to acting in the best interests of all shareholders. The Board believes shareholders &hellip; Continue reading &quot;SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-14T15:08:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyNTkxMCM3ODMwOTkxIzIyNDcxNjE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy\",\"datePublished\":\"2026-09-14T15:08:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/\"},\"wordCount\":1657,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTgyNTkxMCM3ODMwOTkxIzIyNDcxNjE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/\",\"name\":\"SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTgyNTkxMCM3ODMwOTkxIzIyNDcxNjE=\",\"datePublished\":\"2026-09-14T15:08:14+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTgyNTkxMCM3ODMwOTkxIzIyNDcxNjE=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTgyNTkxMCM3ODMwOTkxIzIyNDcxNjE=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/","og_locale":"en_US","og_type":"article","og_title":"SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy - Market Newsdesk","og_description":"A Special Committee of independent directors carefully reviewed Forward\u2019s all-stock proposal before determining it was not in the best interests of shareholders\u00a0 SkyAI reaffirms commitment to its Solana DAT strategy and continues to hold more than two million SOL with no debt Board reiterates commitment to transparency and strong governance NEW YORK, Sept. 14, 2026 (GLOBE NEWSWIRE) &#8212; SkyAI, Inc. (Nasdaq: SKYA) (\u201cSkyAI\u201d or the \u201cCompany\u201d), a financial technology company with a Solana digital asset treasury (\u201cDAT\u201d) that is building an agentic finance platform, today issued the following statement regarding a recent public letter from Forward Industries, Inc. (\u201cForward\u201d). SkyAI\u2019s Board of Directors (the \u201cBoard\u201d) remains committed to acting in the best interests of all shareholders. The Board believes shareholders &hellip; Continue reading \"SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-14T15:08:14+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyNTkxMCM3ODMwOTkxIzIyNDcxNjE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy","datePublished":"2026-09-14T15:08:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/"},"wordCount":1657,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyNTkxMCM3ODMwOTkxIzIyNDcxNjE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/","name":"SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyNTkxMCM3ODMwOTkxIzIyNDcxNjE=","datePublished":"2026-09-14T15:08:14+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyNTkxMCM3ODMwOTkxIzIyNDcxNjE=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyNTkxMCM3ODMwOTkxIzIyNDcxNjE="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/skyai-comments-on-forward-industries-letter-and-reaffirms-strategy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"SkyAI Comments on Forward Industries\u2019 Letter and Reaffirms Strategy"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/1003240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=1003240"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/1003240\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=1003240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=1003240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=1003240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}