Forward Industries, Inc., together with its subsidiaries, designs, markets, and distributes carry and protective solutions primarily for hand held electronic devices. It provides carrying cases and other accessories for medical monitoring and diagnostic kits; and other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, smartphones, GPS location devices, tablets, firearms, and other products. The company sells its products to original equipment manufacturers in the Asia-Pacific, the Americas, Europe, the Middle East, and Africa. Forward Industries, Inc. was incorporated in 1961 and is headquartered in Hauppauge, New York.
IPO Year:
Exchange: NASDAQ
Website: forwardindustries.com
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Company Expects to Take Equity Stake in Superstate to Advance Internet Capital Markets and Give Shareholders Ownership in the RWA Industry Forward Industries, Inc. (NASDAQ:FORD) (the "Company" or "Forward Industries"), a leading Solana treasury company, today announced it has partnered with financial technology firm Superstate to allow stockholders to tokenize and hold FORD shares on the Solana blockchain. As part of the agreement, Forward Industries expects to take an equity stake in Superstate to further align interests and enable joint development of upcoming Superstate products, underscoring the Company's commitment to pioneering on-chain capital markets activities. Upon launch, sha
Forward Industries, Inc. (NASDAQ:FORD) (the "Company" or "Forward Industries"), the leading Solana treasury company, today announced that it has filed an automatic shelf registration statement with the U.S. Securities and Exchange Commission ("SEC") which included an at-the-market equity offering prospectus covering the offer and sale of shares of its common stock (the "ATM Shares"), having an aggregate sales price of up to $4 billion (the "ATM Program"). Forward Industries intends to use the net proceeds from the ATM Program, if any, for general corporate purposes, including, among other things: working capital; pursuit of its Solana token ("SOL") strategy; the purchase of income generat
Trades Mark Initial Deployment of $1.65 Billion PIPE Led by Galaxy Digital, Jump Crypto, and Multicoin Capital Company's Position Follows Open Market and On-Chain Purchases Forward Industries, Inc. (NASDAQ:FORD) (the "Company" or "Forward Industries"), the leading Solana treasury company, today announced initial liquid Solana ("SOL") purchases totaled 6,822,000 at an average of $232 per SOL for a total cost of approximately $1.58 billion. "Today's purchase marks a significant milestone as Forward Industries begins executing its differentiated Solana treasury strategy, built to benefit from one of the fastest growing and most profitable blockchain networks," said Kyle Samani, Chairman
PIPE Led by Galaxy Digital, Jump Crypto, and Multicoin Capital Company Intends to Use Net Proceeds Primarily to Fund Purchase of SOL Forward Industries, Inc. (NASDAQ:FORD) (the "Company" or "Forward Industries") today announced the successful close of its previously announced private investment in public equity ("PIPE") financing, led by Galaxy Digital ("Galaxy"), Jump Crypto, and Multicoin Capital ("Multicoin"). The PIPE resulted in gross proceeds of approximately $1.65 billion to the Company, before deducting placement agent fees and other offering expenses. Forward Industries intends to use the net proceeds from the offering primarily to purchase SOL, the native digital asset of the
Kyle Samani, Managing Partner of Multicoin Capital, to Become Chairman of the Board of Directors, Effective Upon the Closing of the Private Placement Private Placement is the Largest Solana-focused Digital Asset Treasury Company Raise to Date Forward Industries, Inc. (NASDAQ:FORD) (the "Company" or "Forward Industries") today announced $1.65 billion in cash and stablecoin commitments for a private investment in public equity ("PIPE") offering led by Galaxy Digital (("Galaxy, NASDAQ:GLXY), Jump Crypto, and Multicoin Capital ("Multicoin") to initiate a Solana-focused digital asset treasury strategy, aligning the Company with the fast-growing Solana ecosystem. C/M Capital Partners, LP, one
HAUPPAUGE, N.Y., July 30, 2025 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD) ("Forward," the "Company," "we" or "us"), a global design company serving top tier medical and technology companies, today reminds its shareholders that the deadline is approaching to cast your vote for the upcoming Annual Shareholders Meeting on August 8, 2025 (the "Meeting"). All votes must be received by 11:59 p.m. (Eastern Time) on Thursday, August 7, 2025. There are a number of important proposals submitted for a vote of shareholders, including the change in our state of incorporation from New York to Nevada. The Board of Directors recommends that shareholders vote FOR all of these proposals as
HAUPPAUGE, N.Y., April 14, 2025 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), an award-winning product design and engineering firm specializing in complex systems integration and custom software development, today announced its participation in the award-winning Zebra® PartnerConnect program. Zebra Technologies Corporation is a global leader in digitizing and automating frontline workflows. IPS joins as a Registered Alliance Partner, focusing on software solutions development, systems integration, and end-to-end process design. By participating in Zebra's PartnerConnect program, IPS gains access to an innovative portfolio, along with comprehensive training and extensive marketi
HAUPPAUGE, N.Y., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS) today announced that it received a New York Product Design award, for its product design work on the EON Laser, a FDA-cleared, touch-free, and pain-free fat reduction device by Dominion Aesthetic Technologies. A global product design and development firm, Intelligent Product Solutions is a subsidiary of Forward Industries (NASDAQ:FORD). The New York Product Design awards honor the efforts of talented product designers, design teams and manufacturers from all over the world. It recognizes the contributions they have made to daily living, with their practical and ingenious creations. "At IPS, we're proud
HAUPPAUGE, N.Y., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), an award-winning global product design firm, today announced that Bob Wild has been promoted to Chief Executive Officer (CEO). Paul Severino, former CEO and Co-founder, will continue with IPS, as President. IPS is a subsidiary of Forward Industries (NASDAQ:FORD). Wild joined IPS in 2011 and has been instrumental in architecting and developing innovative connected and wearable products as well as medical devices for its clients. Formerly serving as Chief Operating Officer (COO), Wild has held a range of leadership roles at IPS including as Senior Vice President and as Vice President of Electrical, Softw
STAMFORD, Conn., Dec. 17, 2024 /PRNewswire/ -- Neuvotion, Inc. is an early-stage medical device company developing AI-driven neuromodulation technologies and products for use in the neurorehabilitation, brain-computer interface (BCI), and physical therapy markets. Today Neuvotion has announced their expanded partnership with Intelligent Product Solutions (IPS), a leading engineering firm located in New York. Forward Industries, the parent company of IPS, has made an undisclosed investment deal with Neuvotion, Inc. to further propel the company towards market launch of its first product, NeuStim™.
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Kyle Samani, Managing Partner of Multicoin Capital, to Become Chairman of the Board of Directors, Effective Upon the Closing of the Private Placement Private Placement is the Largest Solana-focused Digital Asset Treasury Company Raise to Date Forward Industries, Inc. (NASDAQ:FORD) (the "Company" or "Forward Industries") today announced $1.65 billion in cash and stablecoin commitments for a private investment in public equity ("PIPE") offering led by Galaxy Digital (("Galaxy, NASDAQ:GLXY), Jump Crypto, and Multicoin Capital ("Multicoin") to initiate a Solana-focused digital asset treasury strategy, aligning the Company with the fast-growing Solana ecosystem. C/M Capital Partners, LP, one
HAUPPAUGE, N.Y., April 14, 2025 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), an award-winning product design and engineering firm specializing in complex systems integration and custom software development, today announced its participation in the award-winning Zebra® PartnerConnect program. Zebra Technologies Corporation is a global leader in digitizing and automating frontline workflows. IPS joins as a Registered Alliance Partner, focusing on software solutions development, systems integration, and end-to-end process design. By participating in Zebra's PartnerConnect program, IPS gains access to an innovative portfolio, along with comprehensive training and extensive marketi
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PIPE Led by Galaxy Digital, Jump Crypto, and Multicoin Capital Company Intends to Use Net Proceeds Primarily to Fund Purchase of SOL Forward Industries, Inc. (NASDAQ:FORD) (the "Company" or "Forward Industries") today announced the successful close of its previously announced private investment in public equity ("PIPE") financing, led by Galaxy Digital ("Galaxy"), Jump Crypto, and Multicoin Capital ("Multicoin"). The PIPE resulted in gross proceeds of approximately $1.65 billion to the Company, before deducting placement agent fees and other offering expenses. Forward Industries intends to use the net proceeds from the offering primarily to purchase SOL, the native digital asset of the
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