Curated News
By: NewsRamp Editorial Staff
October 13, 2025
Forward Industries Extends SEC Filing Deadline Amid Solana Market Confidence
TLDR
- Forward Industries secured a 30-day SEC filing extension, providing strategic advantage during market volatility while maintaining its Solana-focused treasury strategy for long-term growth.
- Forward Industries obtained shareholder consent to extend its SEC registration deadline by 30 days, allowing orderly processing amid digital asset market volatility while maintaining Solana treasury operations.
- Forward Industries' disciplined Solana strategy supports the evolution of Internet Capital Markets, potentially enabling broader access to global securities markets worth trillions of dollars.
- Solana processed over 66 million transactions in one day with sub-penny fees, far surpassing Ethereum's throughput while maintaining uninterrupted network uptime.
Impact - Why it Matters
This development matters because it represents a significant corporate adoption of blockchain technology at a time when regulatory clarity and market stability are crucial for mainstream cryptocurrency acceptance. Forward Industries' commitment to Solana despite market volatility signals institutional confidence in the network's scalability and long-term viability. For investors, this demonstrates how traditional companies are strategically positioning themselves in the digital asset space, potentially creating new valuation models and investment opportunities. The company's vision of supporting a $500 trillion global securities market through Internet Capital Markets could fundamentally reshape how securities are traded and managed worldwide, making this more than just another crypto story but a glimpse into the future of global finance.
Summary
Forward Industries (NASDAQ: FORD), a leading Solana treasury company, has secured a crucial 30-day extension for filing its resale registration statement with the SEC through a Waiver and Consent agreement with majority shareholders on October 10, 2025. This strategic move comes amid heightened volatility across the digital asset market, allowing the company to conduct an orderly registration process while maintaining its disciplined approach to treasury management. Chairman Kyle Samani emphasized that despite short-term market turbulence, the company remains steadfast in its Solana-focused strategy, pointing to the network's impressive performance metrics as validation of their approach.
The company's confidence in Solana appears well-founded, as the network processed over 66 million transactions on October 10 alone—significantly outpacing Ethereum's throughput while maintaining sub-penny fees and uninterrupted uptime. This performance reinforces Forward Industries' vision of supporting a massive $500 trillion global securities market through the evolution of Internet Capital Markets. The company's Solana treasury strategy, initiated in September 2025, focuses on acquiring SOL and increasing SOL-per-share through bespoke strategies and active management, supported by industry-leading investors including Galaxy Digital, Jump Crypto, and Multicoin Capital within the Dynamic Brand Portfolio.
Beyond its cryptocurrency initiatives, Forward Industries maintains its core business as a global design company serving top-tier medical and technology clients for over 60 years. The company's dual focus on traditional product development and innovative blockchain strategies positions it uniquely in the evolving digital economy. Investors can access the latest updates through the company's newsroom, while the broader cryptocurrency community can follow developments through CryptoCurrencyWire, which provides specialized communications services for the blockchain sector through its comprehensive corporate communications solutions and extensive distribution network.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Forward Industries Extends SEC Filing Deadline Amid Solana Market Confidence
