Financing ·
Adds Barclays as ATM sales agent and secures $50M credit facility to grow SOL holdings
FORDForward Industries, Inc.
Forward Industries amended its Controlled Equity Offering Sales Agreement to add Barclays Capital Inc. as an additional sales agent alongside Cantor Fitzgerald, expanding access to institutional demand for its at-the-market equity program. The company also secured a two-year, $50 million credit facility from a federally chartered bank at SOFR + 150 basis points, secured by SOL held in its treasury. Proceeds will accelerate the company's SOL++ strategy. Additionally, Forward committed up to $50 million to USHP, a tokenized liquid index product tracking U.S. home prices, and acquired a strategic minority interest in Index Industries. As of November 9, 2026, the company increased its SOL holdings by 226,396 SOL to approximately 8.7 million, raising SOL per fully diluted share to 0.0824. Forward Industries is a Solana-focused digital asset treasury company that buys, holds, stakes, and invests in SOL and related protocols.