PANews reported on September 17th that Forward Industries (NASDAQ: FORD) has filed an automatic registration statement with the US SEC, proposing an at-the-market offering of up to $4 billion in common stock. The company stated that the proceeds will be used for general corporate purposes, including strategic advancement of Solana (SOL), acquisition of income-generating assets, and other capital expenditures. Forward Industries recently completed the largest fundraising to date for its Solana digital asset vault, acquiring over 6.8 million SOL tokens . The ATM program will be marketed by Cantor Fitzgerald, with no escrow arrangements for the funds.PANews reported on September 17th that Forward Industries (NASDAQ: FORD) has filed an automatic registration statement with the US SEC, proposing an at-the-market offering of up to $4 billion in common stock. The company stated that the proceeds will be used for general corporate purposes, including strategic advancement of Solana (SOL), acquisition of income-generating assets, and other capital expenditures. Forward Industries recently completed the largest fundraising to date for its Solana digital asset vault, acquiring over 6.8 million SOL tokens . The ATM program will be marketed by Cantor Fitzgerald, with no escrow arrangements for the funds.
Forward Industries Announces $4 Billion ATM Equity Offering
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PANews reported on September 17th that Forward Industries (NASDAQ: FORD) has filed an automatic registration statement with the US SEC, proposing an at-the-market offering of up to $4 billion in common stock. The company stated that the proceeds will be used for general corporate purposes, including strategic advancement of Solana (SOL), acquisition of income-generating assets, and other capital expenditures. Forward Industries recently completed the largest fundraising to date for its Solana digital asset vault, acquiring over 6.8 million SOL tokens . The ATM program will be marketed by Cantor Fitzgerald, with no escrow arrangements for the funds.
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