Welcome to our dedicated page for Forward Inds N Y news (Ticker: FWDI), a resource for investors and traders seeking the latest updates and insights on Forward Inds N Y stock.
Forward Industries, Inc. reports developments as a Solana-focused digital asset treasury company that buys, holds, stakes, trades and invests in SOL and Solana-related digital assets, protocols and businesses. Its news commonly covers SOL treasury activity, staking revenue, digital-asset accounting effects, quarterly financial results and updates to its remaining design business serving medical and technology companies.
Company updates also include Solana ecosystem investments, tokenized real-world asset initiatives, tokenized public shares through Superstate’s Opening Bell platform, share repurchases, digital-currency financing arrangements and executive or capital-markets appointments. These themes reflect Forward’s operating focus on treasury income, onchain asset infrastructure and corporate actions tied to its Nasdaq-listed common stock.
Forward Industries (NASDAQ: FWDI) co-led a $5 million Series A in OnRe and intends to deploy up to $25 million into ONyc, OnRe's yield-bearing RWA token on Solana. Forward says the moves extend its Solana treasury strategy into USD-denominated, underwritten reinsurance cash flows and RWA yield.
OnRe is Bermuda-licensed and will use proceeds to scale underwriting, deepen Solana integrations, and expand its team; Forward expects ONyc deployment to generate ongoing yield for its balance sheet.
Forward Industries (NASDAQ: FWDI) will host a fiscal second quarter 2026 conference call on May 14, 2026 at 5:00 p.m. ET to discuss financial and operating results for the quarter ended March 31, 2026 and provide an update on its SOL treasury strategy.
The company will release its financial results in a press release prior to the call. Management will deliver a webcast presentation followed by a question-and-answer session. Telephone access will open about 15 minutes before the start time; registration help is available via Elevate IR at the provided phone number.
Forward Industries (NASDAQ: FWDI) appointed Mark Brazier as Chief Financial Officer, effective April 13, 2026. Kathleen Weisberg will remain with the company as Director of Financial Reporting.
Brazier brings digital asset and institutional finance experience from XBTO Global, Stablehouse, Vertrax, LiquidX and GFI Group to oversee financial operations, capital markets execution, and reporting as Forward scales its Solana treasury activities.
Forward Industries (NASDAQ: FWDI)/b) announced a privately negotiated repurchase of for $27.4 million, lowering outstanding common shares to 76,977,809.
The company borrowed $40 million from Galaxy Digital at ~3.4% APR, secured by treasury fwdSOL, and expects SG&A to decline ~45% by fiscal Q3.
Forward Industries (NASDAQ: FWDI) reported fiscal first quarter 2026 results for the quarter ended December 31, 2025 and provided an update on its SOL treasury strategy. Management will host a conference call today at 5:00 p.m. ET.
The company emphasized it completed its first full reporting period operating as a Solana treasury, said it is executing its strategy through market volatility, and described plans to evolve toward an active, value‑generating business tied to Solana adoption.
Forward Industries (NASDAQ: FWDI) will host its Fiscal Q1 2026 earnings conference call on Thursday, February 12, 2026 at 5:00 p.m. ET to discuss results for the three months ended December 31, 2025. A press release with financial results will be issued prior to the call.
The event includes a webcast, toll-free and international dial-in numbers, a "call me" option active ~15 minutes before start, and Elevate IR support for connection issues.
Forward Industries (NASDAQ: FWDI) announced on December 18, 2025 that its SEC-registered Class A common shares are now tokenized on the Solana blockchain via Superstate’s Opening Bell platform.
Ex-US holders can post tokenized FWDI as collateral on Solana lending protocol Kamino to borrow stablecoins, while Pyth will supply real-time price feeds. Superstate is acting as a registered SEC transfer agent and Opening Bell launched in May 2025. Shareholders must transfer shares to an allowlisted Solana wallet through Superstate to participate.
Forward Industries (NASDAQ: FWDI) reported Fiscal 2025 results for the 12 months ended September 30, 2025. The company recorded net revenue $18.2M versus $20.0M a year earlier and total operating expenses $13.6M versus $7.3M. Forward launched a Solana treasury strategy late in the period and generated approximately $4.6M in staking revenue in Q4. Fiscal 2025 includes a $160.0M non-cash unrealized loss from mark-to-market accounting on SOL holdings, required under U.S. GAAP, which the company says did not affect cash balances. Reported net loss was $167.0M versus a $2.0M loss in the prior year, driven largely by the unrealized SOL adjustment.
Forward Industries (NASDAQ: FWDI) provided a shareholder update after launching its Solana treasury strategy in September 2025, reporting that it has built the world’s largest Solana treasury and deployed validator infrastructure.
Key facts: closed a $1.65 billion private placement on Sept 11, 2025; announced an $4 billion at-the-market program; holds 6,921,342 SOL as of Dec 1, 2025, having purchased 6,834,505.96 SOL at a net cost of $232.08/SOL (~$1.59 billion total); staking APY between 6.82% and 7.01% gross; operating capital ~$30.0 million as of Dec 2, 2025.
Forward Industries (NASDAQ: FWDI) announced a strategic partnership with Sanctum to launch fwdSOL, a liquid staking token that represents SOL delegated by Forward Industries and enables continued native staking yield while unlocking DeFi and institutional borrowing strategies.
The company will receive approximately 1,725,100 fwdSOL, corresponding to 25% of Forward Industries’ SOL holdings. Forward plans to use fwdSOL as collateral to borrow assets for allocation into vetted DeFi protocols and revenue-generating strategies, and may add CLOUD to its holdings or purchase more from Sanctum in the future.