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NetworkNewsBreaks – Forward Industries Inc. (NASDAQ: FWDI) Powers SOL Growth, Brings Equity On-Chain

By: Investor Brand Network

December 24, 2025 at 14:56 PM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Forward Industries (NASDAQ: FWDI) recently issued a shareholder update outlining significant progress since the launch of its Solana treasury strategy. Among the highlights, the company closed a $1.65 billion private placement led by Galaxy Digital, Multicoin Capital, and Jump Crypto, appointed Ryan Navi as Chief Investment Officer and Georgia Quinn as General Counsel, and formed a 25-member crypto advisory board. Key operational milestones include launching an institutional-grade Solana validator, the PropAMM automated market maker, and fwdSOL liquid staking token, as well as partnering with Superstate to enable tokenized holding of FWDI shares on the SOL blockchain. The update also announced a $1 billion share repurchase program and an at-the-market equity offering. As of Dec. 1, 2025, Forward holds over 6.9 million SOL, generating 6.82–7.01% APY through its validator infrastructure, and remains debt-free with $30 million in operating capital. Chairman Kyle Samani emphasized that Forward has built the world’s largest Solana treasury, establishing an institutional-grade foundation to compound long-term SOL-per-share and deliver sustainable shareholder value.

To view the full article, visit https://nnw.fm/JJCNW

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://nnw.fm/FWDI

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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