Forward Industries (NASDAQ: FWDI) recently changed its stock ticker from FORD to FWDI. “The move reflects Forward Industries’ focus on the company’s SOL treasury strategy. This primarily concentrates on acquiring more SOL and deploying these assets strategically through a variety of on-chain activities like staking, lending, and participating in decentralized finance (‘DeFi’),” reads a recent article. “This ticker symbol change by Forward Industries comes after a series of recent milestones… First, FWDI recently reached 6.9 million in total SOL holdings, with a total cost of around $1.59 billion… The company also recently formed a crypto advisory board, which features 25 inaugural members who have collective experience in the Solana ecosystem, digital assets, capital markets, and financial services… Forward Industries also announced a $1 billion share repurchase program and filed a Resale Prospectus Supplement, highlighting the company’s dedication and commitment to building shareholder value and belief in the potential of Solana technology.”
To view the full article, visit https://nnw.fm/VHT2K
About Forward Industries Inc.
Forward Industries is a company that’s building and managing a large-scale Solana treasury. The company’s strategy centers on creating shareholder value by actively participating within the Solana ecosystem and deploying assets through on-chain opportunities like staking and lending. For more information, visit the company’s website at www.forwardindustries.com.
NOTE TO INVESTORS: The latest news and updates relating to FWDI are available in the company’s newsroom at https://nnw.fm/FWDI
About NetworkNewsWire
NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: https://www.NetworkNewsWire.com/Disclaimer
NetworkNewsWire
Austin, Texas
www.NetworkNewsWire.com
512.354.7000 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is powered by IBN