Forward Industries prices 3,125,000-share registered direct offering at $8 per share, raising $25 million

Bitget2026/09/24 20:00

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Forward Industries closed a registered direct offering of 3,125,000 common shares to an institutional investor at USD 8.00 each.
Gross proceeds were about USD 25 million.
Net proceeds are expected to be used primarily to buy additional SOL and expand its Solana treasury.
A.G.P./Alliance Global Partners served as sole placement agent.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forward Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609241600PRIMZONEFULLFEED9833632) on September 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Indian regulators announced on Thursday that they will allow the country’s $463 billion portfolio management industry to invest in overseas securities for the first time and to conduct short-selling in stock options. This move opens up new channels for India’s wealthy class to access global markets and holds significance for AI-related assets, which have attracted strong investor interest. Additionally, India will launch new portfolio management products with lower investment thresholds.

华尔街见闻•2026/09/24 21:16