Forward Industries Announces $25 Million Registered Direct Offering with Institutional Investor
Forward Industries announced a $25 million registered direct offering of 3,125,000 shares at $8.00 per share to an institutional investor, expected to close on or about September 24, 2026. Net proceeds will be used to acquire additional SOL for the company's Solana treasury, with management framing the raise around increasing SOL per fully diluted share.
Key figures
- Deal Value Usd
- 25000000
- Offering Price
- 8
- Shares Offered
- 3125000
AI analysis
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