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Forward Industries Secures $25 Million in Registered Direct Offering
On September 22, 2026, Forward Industries, Inc. entered into a securities purchase agreement with an institutional investor for a registered direct offering. The company sold 3,125,000 shares of common stock at an offering price of $8.00 per share. The offering closed on September 24, 2026, generating gross proceeds of approximately $25 million.
Company Information
Company
Forward Industries
Location
700 Veterans Memorial Hwy Ste 100
Hauppauge, New York, United States
About
Forward Industries, Inc. (NASDAQ: FWDI) is a global design company serving top tier medical and technology companies. For over 60 years the company has been successful in developing and producing a portfolio of outstanding products for some of the world’s leading companies and brands. In September 2025, Forward Industries initiated a Solana treasury strategy dedicated to acquiring SOL and increasing SOL-per-share through bespoke strategies and active management of the company’s treasury. The Company’s Solana treasury strategy is supported by industry leading investors and operating partners, including Galaxy Digital, Jump Crypto, and Multicoin Capital.
Fundz sees it the moment Forward Industries raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.