Forward Industries Announces $25 Million Registered Direct Offering with Institutional Investor
5 Articles
5 Articles
Forward Industries Raises $25M to Expand Its Solana Treasury Holdings
Forward Industries (NASDAQ: FWDI) announced an institutional private placement to raise $25 million in gross proceeds through the issuance of 3,125,000 shares of common stock at a price of $8.00 per share. The technology firm confirmed it will allocate all net proceeds to strategically acquire SOL tokens, establishing the cryptocurrency as the cornerstone of its ...
Forward Industries launches a capital increase from $25 million to buy other SOL tokens from Solana. The transaction aims to strengthen the crypto treasury of the company. Forward Industries key points will sell 3,125 million ordinary shares at $8 each, for a gross income of about $25 million. The agreement was [...]
Forward Industries’ capital raise nets $25 million to expand its SOL treasury
Forward Industries is moving to strengthen its position in the Solana ecosystem with a fresh injection of capital. The company has entered into a securities purchase agreement with an institutional investor to raise approximately $25 million through a new common stock offering, and the Forward...
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