Forward Industries increases SOL holdings 2.7% to 8,727,694 SOL
FWDI•Forward Industries increased SOL and SOL-equivalent holdings 2.7% to 8,727,694 between September 30 and November 9, 2026. Net asset value fell to $600.25 million from $870.38 million, while institutional debt rose to $187.5 million from $167.5 million.
1. Holdings and financing
Forward Industries reported that its SOL and SOL-equivalent holdings increased 2.7% to 8,727,694 between September 30 and November 9, 2026. Over the same period, net asset value fell to $600.25 million from $870.38 million, and institutional debt outstanding rose to $187.5 million from $167.5 million. The company also reported a new $50 million, two-year credit facility secured by treasury SOL, carrying interest at SOFR plus 150 basis points, and a commitment of up to $50 million to USHP targeting housing-market income for further SOL accumulation.
