PANews|Nov 04, 2025 14:51
[SOL Treasury Company Forward Industries Board Approves New $1 Billion Stock Repurchase Plan]
According to Businesswire, Nasdaq-listed SOL Treasury Company Forward Industries announced that it has submitted a resale prospectus supplement to the U.S. SEC under the effective registration statement on Form S-3 filed earlier this year. This document registers the resale of certain common shares previously issued by the company in a private placement (“PIPE”) in September 2025, and it becomes effective immediately upon submission. Additionally, on November 3, 2025, the Forward Industries Board of Directors approved a stock repurchase plan under which the company may repurchase up to $1 billion of issued common shares. This authorization will expire on September 30, 2027.
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