Welcome to our dedicated page for Forward Inds N Y news (Ticker: FWDI), a resource for investors and traders seeking the latest updates and insights on Forward Inds N Y stock.
Forward Industries, Inc. reports developments as a Solana-focused digital asset treasury company that buys, holds, stakes, trades and invests in SOL and Solana-related digital assets, protocols and businesses. Its news commonly covers SOL treasury activity, staking revenue, digital-asset accounting effects, quarterly financial results and updates to its remaining design business serving medical and technology companies.
Company updates also include Solana ecosystem investments, tokenized real-world asset initiatives, tokenized public shares through Superstate’s Opening Bell platform, share repurchases, digital-currency financing arrangements and executive or capital-markets appointments. These themes reflect Forward’s operating focus on treasury income, onchain asset infrastructure and corporate actions tied to its Nasdaq-listed common stock.
Forward Industries (FWDI) has released an open letter to shareholders of SkyAI ahead of SkyAI’s 2026 annual meeting scheduled for September 18, 2026. Forward describes a June 15, 2026 all‑stock proposal to acquire SkyAI at $1.55 per share, a stated 20% premium to SkyAI’s prior $1.29 closing price, using a 0.367 exchange ratio, which SkyAI’s board unanimously rejected on July 17, 2026. Forward now urges SkyAI shareholders to vote AGAINST SkyAI’s 2026 Equity Incentive Plan, which would authorize 5,145,000 additional shares that Forward says equal about 7.2% dilution, and to vote WITHHOLD on each of SkyAI’s five director nominees. Forward emphasizes that this communication is an exempt solicitation and that it is not requesting or accepting proxy cards from SkyAI shareholders.
Forward Industries (NASDAQ: FWDI) reported fiscal Q3 2026 revenue of $10.8 million, more than four times the prior-year period, primarily from its Solana treasury strategy. GAAP net loss was $69.0 million driven by a $49.8 million loss and $15.2 million impairment on digital assets.
Forward increased its SOL and SOL-equivalent holdings to 7.55 million at June 30, 2026 and 7.81 million by August 3, about 1.3% of Solana’s circulating supply. SOL per fully diluted share rose 9% QoQ to 0.0730 and to approximately 0.0754 by August 3. The company generated roughly 106,000 SOL in quarterly staking rewards, repurchased 2.56 million shares, selectively issued 93,642 shares via its ATM, and ended the quarter with net asset value of about $481.3 million, including SOL treasury fair value of $555.3 million and $105 million of institutional debt.
Forward Industries (NASDAQ: FWDI) announced it will host a fiscal third quarter 2026 earnings conference call and webcast on Wednesday, August 12, 2026 at 5:00 p.m. ET. The call will cover financial and operating results for the quarter ended June 30, 2026 and provide an update on the company’s SOL treasury strategy.
According to Forward, its executive team will lead the presentation followed by a Q&A session. Financial results will be issued in a press release prior to the call. Investors can join via the FWDI FQ3'26 Earnings Conference Call webcast or an instant telephone call-in option, which will be available about 15 minutes before the start time. For registration or connection issues, participants are directed to contact Elevate IR at (720) 330-2829.
Forward Industries (NASDAQ: FWDI) announced under Rule 2.8 of the Irish Takeover Rules that it does not intend to make an offer for Brera Holdings. Forward, and any person acting in concert with it, will be bound by Rule 2.8 restrictions, limiting future approaches.
Forward reserves the right, on behalf of itself and its concert parties, to set aside this statement within the next six months where permitted under Rule 2.8, including Rule 2.8(c)(ii). The directors accept responsibility for the information. A copy of the announcement will be posted on Forward’s website by 12 noon New York time on the next business day.
Forward Industries (NASDAQ: FWDI) appointed Michael Ashe, Chief Strategy Officer at Galaxy Digital, to its Board of Directors, effective immediately. Ashe previously served as a board observer and has held senior roles in strategy, corporate development, and investment banking at Galaxy Digital, Oppenheimer, and Citi.
According to Forward Industries, his appointment reflects the company’s confidence in his judgment and experience across the crypto, finance, and technology sectors as it grows its position as a Solana-focused treasury company.
Forward Industries (NASDAQ: FWDI) reported adding over 500,000 SOL in fiscal Q3 2026 at an average price of about $79 per SOL, bringing its Solana treasury to 7.55M SOL as of June 30, 2026.
According to the company, SOL-per-fully diluted share rose to 0.0729 from 0.0669, a 36% annualized increase, while 93,642 common shares were sold via an At The Market offering. Forward cites index inclusion and borrowing against SOL at rates below its 6.4–7.3% staking yield as advantages for funding SOL accumulation.
Forward Industries (NASDAQ: FWDI) issued a Rule 2.12 announcement under the Irish Takeover Rules, detailing its capital structure as of July 1, 2026.
The company reported 73,846,883 outstanding common shares, stock options, restricted and performance stock units, and 25,759,600 warrants, and outlined key Irish Takeover Panel disclosure requirements.
Forward Industries (NASDAQ:FWDI) filed an opening position disclosure under Irish Takeover Rule 8.1 as an offeror.
As of 23 June 2026, it holds 13,316,224 common shares, representing 15.294% of its issued share capital, with no short positions or derivatives and no related indemnity or option arrangements.
Forward Industries (NASDAQ: FWDI) confirmed a non-binding all-stock proposal to acquire Solana Company (HSDT), which HSDT’s board declined without further discussion. The offer valued each HSDT share at 0.386 FWDI shares, about $1.63, a roughly 10% premium to HSDT’s prior $1.48 close.
Forward highlights its large Solana treasury, staking validator, fwdSOL token, and Solana ecosystem investments, and notes its shares are expected to join the Russell 2000 and 3000 indices.
Forward Industries (NASDAQ: FWDI) confirmed a non-binding all-stock proposal to SkyAI (SKYA). SKYA shareholders would receive 0.367 FWDI shares per SKYA share, implying about a 20% premium to SKYA’s prior $1.29 close, or $1.55 per share.
The proposal expired on June 12, 2026 without a response from SKYA. Forward outlines strategic benefits, including access to its Solana-focused treasury platform, which it describes as the largest Solana treasury, and broader exposure to the Solana ecosystem.