Fundz
Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly. See plans and pricing.See plans →

Forward Industries urges SkyAI shareholders against board

PUBLIC · FWDISep 09, 2026•about 3 hours ago

Acquiring Company

Forward Industries

Acquired Company

SkyAI

New YorkNew YorkInformation TechnologyBlockchainCryptocurrencyFinancial ServicesFinanceFintechLending

Description

Forward Industries is urging SkyAI shareholders to reject the proposed equity plan and withhold votes from directors. This comes after SkyAI rejected Forward's all-stock acquisition proposal. Forward remains confident in a potential combination with SkyAI and seeks to engage in discussions. The ongoing tensions highlight concerns over corporate governance and shareholder value.

Company Information

Company

Forward Industries

Location

New York, New York, United States

About

Forward Industries, Inc. is a publicly traded company focused on leveraging blockchain technology to create innovative treasury strategies. With a strong emphasis on the Solana ecosystem, the company aims to generate differentiated on-chain returns and enhance shareholder value. By partnering with leading firms in the crypto industry, Forward Industries is positioning itself as a major institutional player in digital assets.

Don't miss Forward Industries's next move

Get an email the moment Forward Industries makes an acquisition, hires an exec, or expands, usually minutes after it happens.

One email per event. Unsubscribe anytime.

Related People

Garrison
Senior decision-maker at this company
••••••••@••••••••

See Garrison's verified email →

Mike
Senior decision-maker at this company
••••••••@••••••••

See Mike's verified email →

Predictive Intelligence
Strategic

ML-powered predictions for Forward Industries's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired SkyAI?

SkyAI was acquired by Forward Industries, based in New York. The deal was reported on September 9, 2026. Forward Industries, Inc. is a publicly traded company focused on leveraging blockchain technology to create innovative treasury strategies. Forward Industries is publicly traded (FWDI) and operates in Information Technology.

When did Forward Industries acquire SkyAI?

Forward Industries's acquisition of SkyAI was reported on September 9, 2026. Forward Industries is urging SkyAI shareholders to reject the proposed equity plan and withhold votes from directors. This comes after SkyAI rejected Forward's all-stock acquisition proposal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SkyAI do?

SkyAI, Inc. is a financial technology company focused on building agentic finance for the Global South. The company aims to advance financial access and opportunities across emerging markets. It is publicly traded (SKYA), operating in Financial Services, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.