FAQ: Forward Industries' Transition to Solana Digital Asset Treasury Model

What is the main topic of this research report about Forward Industries?

The report details Forward Industries’ strategic transformation from a traditional design and manufacturing business into what Oak Ridge Financial describes as ’the world’s leading Solana treasury company,’ focusing on acquiring and managing Solana (SOL) tokens to generate shareholder value.

Why is Forward Industries transitioning to a digital asset treasury model?

The company is shifting to generate shareholder value through active onchain strategies in the digital asset space, leveraging its significant Solana holdings and partnerships with major crypto investors to position itself in the evolving crypto asset management landscape.

How is Forward Industries implementing its Solana treasury strategy?

The company is using active onchain strategies including staking, lending, and decentralized finance participation to manage its approximately 6.87 million SOL tokens and increase SOL-per-share through bespoke strategies and active treasury management.

Who are the key investors supporting Forward Industries’ transition?

The $1.65 billion private placement was led by Galaxy Digital, Jump Crypto, and Multicoin Capital, who are identified as industry-leading investors and operating partners supporting the company’s Solana treasury strategy.

When did Forward Industries initiate its Solana treasury strategy?

The company initiated its Solana treasury strategy in September 2025, with the Oak Ridge Financial research report being published on October 23, 2025.

What are the financial metrics of Forward Industries’ Solana holdings?

Forward Industries holds approximately 6.87 million SOL tokens with a market capitalization of $1.57 billion and an enterprise value of $1.58 billion according to the Oak Ridge Financial report.

What differentiates Forward Industries from other digital asset treasury companies?

Oak Ridge Financial identifies the company’s partnerships and management team as key differentiators expected to position Forward ahead of peer digital asset treasury companies in the sector.

Does the research report provide a rating or price target for Forward Industries?

No, the report does not assign a rating or price target pending a full quarter of digital asset treasury operations, framing this as an ‘initial informational report’ to provide investors context on the company’s new direction.

Where can investors find more information about Forward Industries?

The latest news and updates relating to FORD are available in the company’s newsroom at https://ccw.fm/FORD, and the full research report can be viewed at https://ccw.fm/i7dD2.

What was Forward Industries’ business before transitioning to digital assets?

For over 60 years, Forward Industries operated as a global design company serving top tier medical and technology companies, developing and producing products for world-leading companies and brands before shifting to its current digital asset focus.