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Forward Industries Completes $25 Million Registered Direct Offering with an Institutional Investor
GlobeNewswire Inc.·
Forward Industries (NASDAQ: FWDI) announced the closing of a $25 million registered direct offering, selling 3.125 million shares at $8.00 per share to an institutional investor. The company plans to use net proceeds to acquire additional SOL (Solana cryptocurrency) to expand its treasury and increase SOL per share for shareholders.
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