FWDI news

Forward Industries' fiscal fourth quarter SOL holdings grew by 13% to 8.5 million, driving a 42% annualized increase in SOL per share while growing a stake in Solana-based reinsurance platform OnRe.

Forward Industries, Inc. has delivered a non-binding proposal to acquire SkyAI, Inc. at a 50% premium. The offer allows SkyAI shareholders to elect cash, Forward common stock, or a combination.

Forward Industries proposed an all-stock acquisition of SkyAI at $1.55 per share, representing a 20% premium, but received no response by the June 12 deadline. The deal would combine Forward's Solana treasury strategy with SKYA's AI pivot under a larger, better-capitalized platform.

Forward Industries proposed acquiring Brera Holdings PLC in an all-stock transaction offering 1.54 shares per SLMT share, a 30.7% premium. Brera's board rejected the non-binding proposal on June 6, 2026, but Forward expressed willingness to continue discussions.