According to CoinMeta, NASDAQ-listed company SkyAI ( SKYA ) announced that it has reached a tender offer support and settlement agreement with its major shareholder Bastion Trading Limited and its affiliates. Bastion agreed to submit all of its common shares and related warrants to participate in the cash tender offer and pledged not to increase its holdings in the company's securities or seek to influence the company's management in the next three years. SkyAI raised the maximum acquisition ratio for pre-financed warrants from 95% to 100%, and included the accompanying warrants in the acquisition scope, while the acquisition terms for common shares and strategic warrants remained unchanged. If all the target securities are acquired, the total expenditure is expected to be approximately $214.3 million, and the tender offer deadline has been extended to November 12th. SkyAI also disclosed that in the preceding weeks, it had sold approximately 2 million SOL at an average price of $107.20 per unit after deducting fees, and has now cleared all of its SOL holdings, holding about $223 million in cash. It stated that it will not repurchase SOL after the completion of the tender offer.