SkyAI Confirms Receipt of Unsolicited, Non-Binding Proposal from Forward Industries
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- SkyAI, Inc. (NASDAQ: “SKYA”) (“SkyAI” or the “Company”), a financial technology company building agentic finance for the Global South, today confirmed receipt of an unsolicited, non-binding proposal from Forward Industries, Inc. (“Forward”) regarding a potential all-stock business combination. Under the terms of the proposal, SkyAI stockholders would receive 0.367 newly issued shares of Forward common stock for each share of SkyAI common stock.
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- SkyAI, Inc. (NASDAQ: “SKYA”) (“SkyAI” or the “Company”), a financial technology company building agentic finance for the Global South, today confirmed receipt of an unsolicited, non-binding proposal from Forward Industries, Inc. (“Forward”) regarding a potential all-stock business combination. Under the terms of the proposal, SkyAI stockholders would receive 0.367 newly issued shares of Forward common stock for each share of SkyAI common stock.
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