Forward Industries Now Holds More Than 6.8 Million SOL Tokens as It Commences Solana Treasury Strategy
FORD(NASDAQ:FORD) NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FORD) (the "Company" or “Forward Industries”), the leading Solana treasury company, today announced initial liquid Solana (“SOL”) purchases totaled 6,822,000 at an average of $232 per SOL for a total cost of approximately $1.58 billion. “Today’s purchase marks a significant milestone as Forward Industries begins executing its differentiated Solana treasury strategy, built to benefit from one of the fastest growing and most profitable
Forward Industries Closes $1.65 Billion Private Placement in Cash and Stablecoin Commitments to Advance Solana Treasury Strategy
FORD(NASDAQ:FORD) NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FORD) (the "Company" or “Forward Industries”) today announced the successful close of its previously announced private investment in public equity (“PIPE”) financing, led by Galaxy Digital (“Galaxy”), Jump Crypto, and Multicoin Capital (“Multicoin”). The PIPE resulted in gross proceeds of approximately $1.65 billion to the Company, before deducting placement agent fees and other offering expenses. Forward Industries intends to use the
Forward Industries, Inc. Announces $1.65 Billion Private Placement in Cash and Stablecoin Commitments Led by Galaxy Digital, Jump Crypto, and Multicoin Capital to Initiate Solana Treasury Strategy
FORD(NASDAQ:FORD) NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FORD) (the "Company" or “Forward Industries”) today announced $1.65 billion in cash and stablecoin commitments for a private investment in public equity (“PIPE”) offering led by Galaxy Digital (“Galaxy;” NASDAQ: GLXY), Jump Crypto, and Multicoin Capital (“Multicoin”) to initiate a Solana-focused digital asset treasury strategy, aligning the Company with the fast-growing Solana ecosystem. C/M Capital Partners, LP, one of the Company’s
Forward Industries Files For Mixed Shelf Of Up To $50M
FORDForward Industries Q2 EPS $(1.32) Down From $(0.50) YoY, Sales $3.12M Down From $7.83M YoY
FORDMichigan Auto Groups Criticize Donald Trump For Not Halting Auto Tariffs, Say Employees And Supply Chain Will Continue To Endure Uncertainty
FORDTrump faces criticism for keeping automotive import tariffs, causing uncertainty and disruption in industry
Forward Industries' Largest Design Customer Terminates Patch Pump Program, Ending 25% Of FY 2024 Revenue; Company Expects Significant Revenue Drop In Q2 FY 2025 And Implements Cost-Cutting Measures, Including Workforce Reduction
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