Solana Treasury Company SkyAI is facing opposition from shareholders, with nearly 10% of the shareholder group planning to veto the board's re-election

Solana treasury company SkyAI (formerly Sharps Technology, stock code SKYA) is facing shareholder opposition ahead of its annual shareholder meeting on September 18. A group holding nearly 10% of shares plans to vote against the re-election of the entire board of directors.

The group's concerns include the weakening of shareholder rights, the "poison pill" plan, and related party transactions.