Forward Industries (NASDAQ: FWDI) recently changed its stock ticker from FORD to FWDI. “The move reflects Forward Industries’ focus on the company’s SOL treasury strategy. This primarily concentrates on acquiring more SOL and deploying these assets strategically through a variety of on-chain activities like staking, lending, and participating in decentralized finance (‘DeFi’),” reads a recent article. “This ticker symbol change by Forward Industries comes after a series of recent milestones… First, FWDI recently reached 6.9 million in total SOL holdings, with a total cost of around $1.59 billion… The company also recently formed a crypto advisory board, which features 25 inaugural members who have collective experience in the Solana ecosystem, digital assets, capital markets, and financial services… Forward Industries also announced a $1 billion share repurchase program and filed a Resale Prospectus Supplement, highlighting the company’s dedication and commitment to building shareholder value and belief in the potential of Solana technology.”
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About Forward Industries Inc.
Forward Industries is a company that’s building and managing a large-scale Solana treasury. The company’s strategy centers on creating shareholder value by actively participating within the Solana ecosystem and deploying assets through on-chain opportunities like staking and lending. For more information, visit the company’s website at www.forwardindustries.com.
NOTE TO INVESTORS: The latest news and updates relating to FWDI are available in the company’s newsroom at https://ibn.fm/FWDI
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