Forward Industries prices 3,125,000-share registered direct offering at $8 per share for USD 25 million
FORD•Offering priced at $8 a share
Forward Industries priced a registered direct offering of 3,125,000 common shares at USD 8 per share.
Gross proceeds are expected to be about USD 25 million, before fees.
Proceeds to fund additional SOL purchases
Closing is expected on Sept. 24, 2026, subject to customary conditions.
Net proceeds are earmarked for additional SOL purchases to expand its Solana treasury, targeting higher SOL per fully diluted share.
