$FWDI

SkyAI (NASDAQ:SKYA) plans a $201M cash tender offer at $3 per share, a 65% premium to its October 9 closing price. The offer, subject to Solana (SOL) prices staying above $100 and minimum participation, could cover up to 95% of eligible shares. SkyAI rejected Forward Industries' acquisition bid, favoring its independent strategy. The offer is expected to commence around October 15, 2026, and is funded by existing cash and Solana sales.

Forward Industries (FWDI) shares rose 7.8% premarket after increasing its SOL holdings to 8.5 million, a 13% increase. The company's SOL per share grew 10.4% quarterly, 33% annually. Net asset value rose to $870.4 million, while debt increased to $167.5 million. ONyc's market cap grew 40.7% to $286.2 million.

Forward Industries increased its SOL holdings to 8.5 million, a 13% increase in Q4, with an average cost of $83 per SOL. The company's NAV rose to $870.4 million, while its SOL treasury is valued at $1.004 billion. Institutional debt increased to $167.5 million, and cash decreased to $7.29 million.

Forward Industries (FWDI) raised $25M by selling 3.125M shares at $8 each to an institutional investor. The funds will be used to buy more SOL, expanding its Solana treasury. The company, which focuses on Solana, aims to increase SOL per share, a key metric for shareholders. The raise follows a difficult period for Solana treasury firms, with FWDI reporting a $1B unrealized loss earlier this year.

Forward Industries completed a $25 million direct offering. The company's stock has seen a 5-day change of 8.350 USD, a 1st Jan change of +34.68%, and a +26.32% year-to-date change. This funding round may impact the company's financial flexibility and growth prospects.

Forward Industries completed a $25M equity offering, selling 3.125M shares at $8.00 each to an institutional investor. Proceeds will be used to acquire more SOL, expanding its Solana treasury. The company paid a 5% fee to its placement agent, A.G.P./Alliance Global Partners, and agreed to short-term restrictions on additional share issuances.

Forward Industries, Inc. (FWDI) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 Forward Industries Completes $25 Million Registered Direct Offering with an Institutional Investor Proceeds to Expand SOL Holdings and Accelerate SOL Per Share Growth AUSTIN, TX, Sept. 24, 2026 -- Forward Industries, Inc. (NASDAQ: FWDI) (the “Company” or “Forward”),

Forward Industries (FWDI) shares dropped 4% to $8.21 after announcing a $25M share offering at $8 each, a 7% discount to Tuesday's close. The company plans to use proceeds to buy more SOL and expand its digital asset treasury, aiming to increase SOL per share. The stock had risen 67% in the prior month.

Forward Industries, Inc. (FWDI) filed an SEC Form 8-K — Regulation FD Disclosure. Exhibit 99.1 Forward Industries Announces Updated Proposal to Acquire SkyAI, Inc. Proposal reflects a 50% premium to SkyAI’s closing price on September 14, 2026. SkyAI stockholders may elect cash or Forward common stock, or any combination of the two. AUSTIN, Texas, Sep 15, 2026

Forward Industries (FWDI) raised its takeover offer for SkyAI (SKYA) to a 50% premium, valuing it at $2.13 per share. The updated proposal includes cash, shares, or a combination. SkyAI rejected the initial bid, citing shareholders' best interests. SkyAI's Solana treasury holds 2M SOL with no debt and reported $12M in staking revenue. Forward urged shareholders to withhold votes from SkyAI's board.