---
title: "Sky rejects unsolicited all-stock proposal from Forward after special committee review"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293076241.md"
description: "Sky announced that its board and a special committee of independent directors unanimously rejected Forward's unsolicited, non-binding all-stock proposal. After reviewing the offer, they concluded it was not in the best interests of shareholders. Consequently, Sky is not pursuing any transaction with Forward at this time."
datetime: "2026-07-17T21:23:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293076241.md)
  - [en](https://longbridge.com/en/news/293076241.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293076241.md)
generator: "portal-rs"
---

# Sky rejects unsolicited all-stock proposal from Forward after special committee review

**Sky announced its board and special committee unanimously concluded Forward's unsolicited all-stock proposal is not in shareholders' best interests.**

**Key Highlights:**

-   Board formed a special committee of independent directors to evaluate Forward's unsolicited, non-binding proposal.
-   Special committee and full board unanimously determined the proposal is not in the best interests of shareholders.
-   As a result, Sky is not pursuing a transaction with Forward at this time.

Original SEC Filing: SkyAI, Inc. \[ SKYA \] - 8-K - Jul. 17, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**