SOL Treasury Company's Forward Industries Board Approves New $1 Billion Stock Repurchase Program

BlockBeats News, November 4th, Forward Industries, a NASDAQ-listed SOL treasury company, announced that it has submitted a company resale prospectus supplement to the U.S. SEC according to an effective registration statement on Form S-3 submitted earlier this year. The filing registers the resale of a portion of common stock issued by the company in a Private Investment in Public Equity (“PIPE”) in September 2025, and it became effective upon submission.

In addition, Forward Industries' Board of Directors also approved a stock repurchase program on November 3, 2025, allowing the company to repurchase up to $1 billion of its outstanding common stock. This authorization will expire on September 30, 2027.