WuShuo has learned that Solana treasury company Forward Industries announced on June 1 that it submitted an indicative, non-binding all-stock acquisition proposal to Brera Holdings PLC (SLMT), aiming to acquire all issued and to-be-issued share capital of SLMT. According to the proposal, SLMT shareholders would receive 1.54 newly issued Forward common shares per SLMT share, equivalent to $7.19 per share, representing a premium of approximately 30.7% over SLMT's volume-weighted average closing price for the 10 trading days prior to June 1. On June 6, SLMT's board of directors rejected the proposal, stating it was not in the company's best interests. https://(wublock123.com)/news/forward-industries-stock-only-acquisition-brera-rejected-62543