Forward Industries Closes $25 Million Direct Offering
MT newswire2026/09/24 21:09Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:09 PM EDT, 09/24/2026 (MT Newswires) -- Forward Industries (FWDI) said late Thursday it closed its previously announced registered direct offering with an institutional investor, selling 3.1 million shares at $8 per share. The company said it received about $25 million in gross proceeds before fees and expenses and plans to use the net proceeds primarily to acquire additional Solana.
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