NetworkNewsBreaks – Forward Industries, Inc. (NASDAQ: FWDI) Urges SkyAI Shareholders to Oppose Equity Plan, Withhold Votes on Director Nominees
Forward Industries (NASDAQ: FWDI) issued an open letter to SkyAI shareholders outlining concerns about the company and urging shareholders to vote against SkyAI’s 2026 Equity Incentive Plan and withhold votes on each of its five director nominees at the Sept. 18, 2026, annual meeting. Forward cited SkyAI’s rejection of its June 15 all-stock acquisition proposal valued at $1.55 per share, which represented a 20% premium to SkyAI’s prior closing price, as well as concerns regarding related-party arrangements, financial performance and shareholder value. Forward said SkyAI’s proxy disclosed $3.3 million in 2025 consulting fees to Sol Edge Limited and warrants valued…







