Forward Industries, with all the solemnity of a provincial landowner announcing the purchase of yet another horse he cannot truly afford, has placed before the stern eyes of the SEC a filing of $4 billion. The purpose? To fatten the company’s treasury with Solana, and perhaps acquire a few assets that might one day pay for the candles at its board meetings. 😏
Solana Treasury Leader Forward Industries: The ATM Saga Begins
Forward Industries, Inc. (Nasdaq: FORD), has taken pen to paper – or rather, cursor to form – and lodged a $4 billion at-the-market (ATM) equity program with the formidable U.S. Securities and Exchange Commission. Like a Russian noble pledging his estate, the company authorizes the sale of common stock, a gesture half bold, half desperate. 🧐
The proceeds, once gathered, will wander toward solana acquisitions, general corporate ambitions (as vague as the promises of a suitor), and income-generating assets that might – if the wind is fair – keep the enterprise afloat.
“Through this offering,” intoned Kyle Samani, Chairman of Forward Industries, with the gravity of a man reading poetry by the fireside, “we gain a supple, almost poetic mechanism to raise and scatter capital in service of our solana treasury vision. The ATM program bolsters our balance sheet, and grants us courage to chase growth with all the vigor of a young man in spring.” 🌱
Indeed, this filing cements the company’s oath to amass one of the largest corporate solana treasuries in existence, while still keeping a sly eye on other digital treasures. One might almost imagine them as country gentry, hoarding both rubles and candelabras, determined to look prosperous even as the serfs mutter. 😂
With solana’s star rising in DeFi and blockchain lore, this ATM venture seeks to elevate Forward Industries’ stature – not unlike a young provincial officer trying to polish his boots bright enough to be noticed at the Petersburg ball. ✨
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2025-09-18 08:07