Forward Industries (NASDAQ: FWDI) a Solana treasury company, reported that its SOL and SOL equivalent holdings increased by 948,601 SOL, or 13%, during its fiscal fourth quarter ended Sept. 30, 2026, reaching 8,501,298 SOL and representing approximately 1.4% of Solana circulating supply. SOL added during the quarter had an average cost of $83 per SOL. SOL per fully diluted share increased 10.4% quarter over quarter to 0.0806 from 0.0730, while preliminary, unaudited net asset value increased to approximately $870.4 million as of Sept. 30 from approximately $481.3 million as of June 30.
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About Forward Industries
Forward Industries, Inc. (NASDAQ: FWDI) is a Solana focused digital asset treasury company, with the strategy to buy, hold, stake, trade, invest in, and grow SOL and SOL related digital assets, protocols and businesses. Forward’s mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to and investing in the Solana network, Solana developers and Solana related projects in order to increase shareholder value. In connection with a private placement transaction in September 2025, Forward launched a digital asset treasury strategy supported by industry leading investors and operating partners including Galaxy Digital and Jump Crypto. For more information on the Company’s Solana treasury strategy, visit www.forwardindustries.com.
NOTE TO INVESTORS: The latest news and updates relating to FWDI are available in the company’s newsroom at https://ibn.fm/FWDI
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