The Block
The Block|Sep 23, 2026 15:12
THE BLOCK: Forward Industries has entered into an agreement with an institutional investor to sell 3.125M shares of common stock at $8 per share, raising approximately $25M in gross proceeds. FWDI The Solana-focused digital asset treasury company plans to use the net proceeds to acquire additional solana:So11111111111111111111111111111111111111112 and grow its holdings while increasing SOL per fully diluted share.
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