Solana Treasury Firm Forward Industries Launches $1 Billion Buyback, Files SEC Resale Prospectus

Forward Industries, Inc. (NASDAQ: FORD) has moved to reinforce investor confidence with two major corporate ￰0￱ Solana-focused treasury firm announced a new $1 billion share repurchase authorization and confirmed the filing of a resale prospectus supplement with the ￰1￱ and Exchange ￰2￱ decisions reflect a strong strategic conviction as the company continues to expand its Solana-related operations and capital market ￰3￱ Buyback Reflects Long-Term Confidence As per the issued press release , the Board of Directors approved the $1 billion buyback program on November 3, ￰4￱ plan allows Forward Industries to purchase its common stock through open-market transactions, private deals, or accelerated share ￰5￱ to the company, the program provides flexibility to act on favorable market conditions while ensuring compliance with SEC Rule ￰6￱ Kyle Samani stated, “Today’s announcement reflects our confidence in both Forward Industries’ differentiated strategy and the underlying strength of Solana’s ecosystem.” He added that the initiative underscores the company’s long-term view, saying it “gives us flexibility to return capital to shareholders when we believe our stock trades below intrinsic value.” The program will remain active until September 30, 2027, unless modified or terminated ￰7￱ company indicated that the timing and volume of repurchases would depend on share price, liquidity, and overall market ￰8￱ of Resale Prospectus and Market Implications In tandem, Forward Industries filed a resale prospectus supplement to register certain shares from its September 2025 private ￰9￱ filing permits selling shareholders to trade those securities at their ￰10￱ company clarified that it will not receive any proceeds from those ￰11￱ observers noted that the timing of both actions signals confidence in the firm’s balance sheet and the Solana ecosystem’s potential for institutional ￰12￱ buyback authorization, alongside the resale filing, positions Forward Industries to stabilize its stock performance while maintaining strategic ￰13￱ Reaction and Price Outlook