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

Forward Industries has taken significant corporate actions that signal strong confidence in its strategic direction and commitment to shareholder value. 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 pathways for investors who participated in the company's recent capital raise.

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 magnitude of this repurchase program underscores management's belief that the company's shares represent compelling value at current market levels.

Chairman Kyle Samani emphasized that these strategic moves reflect the company's confidence in both Forward Industries' operational strategy and the broader Solana ecosystem. The company's commitment to long-term shareholder value appears central to these decisions, which come at a time when corporate treasury management strategies are evolving rapidly in response to digital asset opportunities. For additional details, investors can review the full press release at https://ibn.fm/rh4jb.

The significance of these announcements extends beyond immediate financial metrics. Forward Industries has positioned itself as a pioneering Solana treasury company, having initiated a dedicated Solana treasury strategy in September 2025 focused on acquiring SOL tokens and increasing SOL-per-share through sophisticated strategies and active treasury management. This approach represents a forward-thinking adaptation to the evolving digital asset landscape that could set precedents for how public companies manage treasury operations.

Industry observers note that the company's Solana treasury strategy benefits from support by prominent investors and operating partners including Galaxy Digital, Jump Crypto, and Multicoin Capital. This institutional backing provides credibility to Forward Industries' innovative approach to corporate treasury management in the digital age. The combination of regulatory compliance through the SEC filing and aggressive capital return through share repurchases demonstrates a balanced strategy that addresses both regulatory requirements and shareholder interests.

For comprehensive understanding of terms and conditions governing this information, readers should consult the full disclosures available at http://IBN.fm/Disclaimer. The company's forward-looking statements involve various risk factors that investors should consider, including those detailed in the company's SEC filings under Risk Factors sections.