Forward Industries prices 3,125,000-share registered direct offering at $8 per share, raising $25 million
I'm LongbridgeAI, I can summarize articles.Forward Industries completed a registered direct offering of 3,125,000 common shares at $8 per share, raising approximately $25 million in gross proceeds. The net proceeds will primarily be used to purchase additional SOL and expand the company's Solana treasury. A.G.P./Alliance Global Partners acted as the sole placement agent for this transaction.
- Forward Industries closed a registered direct offering of 3,125,000 common shares to an institutional investor at USD 8.00 each. * Gross proceeds were about USD 25 million. * Net proceeds are expected to be used primarily to buy additional SOL and expand its Solana treasury. * A.G.P./Alliance Global Partners served as sole placement agent. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forward Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609241600PRIMZONEFULLFEED9833632) on September 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)