Forward Industries launches $4 billion share offering program

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Forward Industries Announces $4 Billion At-The-Market Equity Offering Program

September 17, 2025 6:00 AM UTC

NEW YORK--(BUSINESS WIRE)-- Forward Industries, Inc. (NASDAQ: FORD) (the "Company" or Forward Industries), the leading Solana treasury company, today announced that it has filed an automatic shelf registration statement with the U.S. Securities and Exchange Commission (SEC) which included an at-the-market equity offering prospectus covering the offer and sale of shares of its common stock (the ATM Shares), having an aggregate sales price of up to $4 billion (the ATM Program).

Forward Industries intends to use the net proceeds from the ATM Program, if any, for general corporate purposes, including, among other things: working... More