SkyAI, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $78.3M
- Price
- $1.81
- % Change (Daily % change from the live per-ticker quote feed.)
- -3.72%
- Volume
- 436.6K
About
SkyAI, Inc. specializes in crafting an intelligent financial platform that also features comprehensive financial literacy education. This innovative system utilizes a combination of stablecoin infrastructure and artificial intelligence to offer vital financial access, educational content, and actionable insights, primarily targeting underserved communities in Asia, Latin America, and Africa. The company was founded in 2017 and was originally known as Sharps Technology, Inc., before officially adopting the name SkyAI, Inc. in May 2026. Its corporate headquarters are located in Melville, New York.
Quick stats
Shares outstanding43.2M
Computed float35.9M
Float / shares82.9%
Cash runway (months)6.9
Key info
SectorTechnology
IndustrySoftware - Infrastructure
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001737995
Websitehttps://www.theskyai.co
AI Summary
AI-generated1/14
majorbearishother
Bastion Trading Calls on SkyAI to Respect Clear Stockholder Message by Promptly Engaging to Meaningfully Reconstitute the Board
Bastion Trading, a 9.99% stockholder of SkyAI, publicly called on the board to promptly reconstitute itself after all five incumbent directors received more withheld votes than votes in favor at the September 18, 2026 annual meeting.
Bastion alleges governance failures including substantial related-party arrangements with Sol Edge and Sol Markets — both controlled by the brother of director/CIO Yuwen Zhang — including $8.33 million in 2025-H1 2026 consulting fees and warrants with a $101.3 million grant-date fair value, plus what it calls outsized executive compensation of roughly $8.76 million for three executives in 2025.
Bastion also cites ISS's conclusion that more than half the board is non-independent, and threatens legal remedies if the board fails to engage, review related-party transactions, and address the mNAV discount.
Red flags
- Related-party transactions with entities controlled by a director's brother consuming ~92% of staking revenue in H1 2026
- ISS deemed more than half the board non-independent
- All five directors retained seats despite majority-withhold votes due to plurality voting standard
- 82% of votes cast rejected the 2026 Equity Incentive Plan
- Activist explicitly threatens legal remedies — litigation/proxy fight risk
- January 2026 bylaw amendments and poison pill flagged for independent review