All five directors of Solana treasury company SkyAI retained their seats at the annual meeting under plurality voting, despite 18.4 million to 20.7 million withheld votes for each nominee versus 6.9 million to 9.2 million votes in support. Shareholders rejected SkyAI’s 2026 equity incentive plan by 22,464,708 votes against and 5,048,520 in favor; the proposal would have authorized roughly 5 million shares for stock-based compensation in addition to shares remaining under the existing plan. The results came as Forward Industries, currently the largest Solana treasury company by a wide margin, pursued a revised acquisition proposal valuing each SkyAI share at 0.306 Forward shares. Forward requested a response by 5 p.m. Eastern on Sept. 25, 2026, while SkyAI had not publicly announced a decision. SkyAI shares rose 4.4% on the day but were down 15.8% for the year; Forward shares gained 2.5% and were up about 23% year-to-date.