On October 14, 2025, Forward Industries, Inc. announced a 30‑day extension to the deadline for filing its initial resale registration statement with the Securities and Exchange Commission. The company entered into a Waiver and Consent with a majority of shareholders holding then‑outstanding registerable securities on October 10, 2025, to secure the extension.
The extension was requested in response to overall market conditions, including volatility in Solana and the broader digital asset market. By extending the filing deadline, Forward Industries aims to preserve shareholder value and ensure an orderly registration process while maintaining its long‑term commitment to its Solana treasury strategy.
The company emphasized that the brief procedural extension positions it to register shares under more constructive market conditions, allowing it to continue executing its strategy of acquiring SOL tokens, generating cash flow through staking and DeFi, and pursuing accretive partnerships within the Solana ecosystem.
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