Forward Industries appoints Galaxy Digital strategy chief Michael Ashe to board

FWDI•2026-07-20

Board appointment and Galaxy ties

Forward Industries appointed Galaxy Digital Chief Strategy Officer Michael Ashe to its board, effective July 14, 2026.

Ashe joins as the company expands ties with Galaxy across capital markets, lending, and digital-asset trading arrangements.

Galaxy-related fees and trading activity

Galaxy Securities acts as agent on a share repurchase program for up to 4,000,000 shares; about USD 90,000 in fees has been paid.

A master digital currency loan facility with Galaxy Digital has generated about USD 373,000 in interest fees paid to date.

Solana options with Galaxy Trading Mercury led to about USD 1.3 million in premiums and USD 3.7 million in exercises for about 46,000 SOL.

Sources

Forward Industries appoints Galaxy Digital strategy chief Michael Ashe to board

Sec

Forward Industries appoints Galaxy Digital strategy chief Michael Ashe to board

Board appointment and Galaxy ties

Galaxy-related fees and trading activity

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Forward Industries appoints Galaxy Digital strategy chief Michael Ashe to board

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