Lates News

According to Forward Industries, Inc. (NASDAQ: FORD), the company has filed an automatic shelf registration statement with the U.S. Securities and Exchange Commission (SEC) that includes a prospectus for a market financing plan involving the issuance and sale of its common stock ("ATM Shares") with a total sales amount of up to $4 billion ("ATM Plan"). Forward Industries plans to use the net proceeds from the ATM Plan for general corporate purposes including, but not limited to: working capital; implementing its Solana token ("SOL") strategy; purchasing income-generating assets to expand its business and/or other capital expenditures.