Forward Industries Files Resale Prospectus Supplement and Authorizes $1 Billion Share Repurchase Program

Forward Industries, Inc. (NASDAQ: FORD) has taken significant corporate actions that underscore the company's strategic direction and financial health. The company announced the filing of its resale prospectus supplement with the U.S. Securities and Exchange Commission, registering shares previously issued in its September 2025 private placement. This regulatory filing represents a crucial step in providing liquidity options for investors who participated in the private offering while maintaining compliance with securities regulations.

Simultaneously, the company's Board of Directors approved a substantial $1 billion share repurchase program on November 3, 2025. This authorization allows Forward Industries to buy back its common stock through various methods including open-market purchases, block transactions, or private arrangements through September 30, 2027. The scale of this repurchase program represents a significant commitment to returning value to shareholders and reflects the company's strong financial position and confidence in its future prospects.

Kyle Samani, Chairman of Forward Industries, emphasized that these actions demonstrate the company's conviction in its strategic direction and the Solana ecosystem. The decisions reflect management's belief that the company's shares represent an attractive investment opportunity at current levels. The share repurchase program specifically signals that leadership views the stock as undervalued and believes that buying back shares represents the most efficient use of corporate capital to enhance shareholder returns.

The company's strategic focus on Solana treasury management, initiated in September 2025, represents a forward-looking approach to corporate treasury operations. This strategy involves dedicated acquisition of SOL tokens and implementing bespoke strategies to increase SOL-per-share through active management of the company's treasury assets. The approach has garnered support from prominent industry investors and operating partners including Galaxy Digital, Jump Crypto, and Multicoin Capital, lending credibility to the company's strategic direction.

For investors seeking additional information, the company maintains its newsroom at https://ibn.fm/FORD where stakeholders can access the latest updates and corporate announcements. The combination of the resale prospectus filing and the substantial share repurchase authorization represents a comprehensive approach to capital management that balances regulatory compliance with aggressive value creation initiatives. These developments are particularly noteworthy given the company's position as a global design firm serving top-tier medical and technology companies with over six decades of industry experience.

The timing of these announcements coincides with growing institutional interest in cryptocurrency treasury strategies, positioning Forward Industries at the forefront of corporate adoption of digital asset management. The $1 billion repurchase program represents one of the more substantial buyback authorizations in recent corporate history, potentially setting a precedent for how companies with cryptocurrency exposure approach capital allocation decisions. The extended timeframe through 2027 provides management with flexibility to execute repurchases opportunistically based on market conditions and corporate cash flow requirements.