LOS ANGELES, CA - October 3, 2025 (NEWMEDIAWIRE) - Forward Industries (NASDAQ: FORD) is building and managing a large-scale Solana (“SOL”) treasury, backed by some of the most influential investors in the digital asset space. The company’s strategy centers on long-term shareholder value through active participation in the Solana ecosystem, which it views as uniquely positioned to underpin future global capital markets due to its high throughput, deep economic activity, and growing developer adoption.

• Forward Industries is the largest publicly traded Solana treasury platform with more than 6.8 million SOL acquired to date.
• The company raised $1.65 billion in a PIPE led by Multicoin Capital, Galaxy Digital, and Jump Crypto to fund its Solana treasury acquisition.
• Forward generates yield through active staking, lending, and DeFi participation, increasing SOL-per-share over time.
• The company tokenized its common stock on the Solana blockchain and plans to acquire an equity stake in Superstate to expand on-chain capital markets access.
• Forward is led by crypto-native investors with deep strategic alignment in the Solana ecosystem.

Through this shift, Forward Industries aims to create value by accumulating SOL and strategically deploying assets through on-chain opportunities including staking, lending, and participation in decentralized finance (“DeFi”). Forward also became the first U.S.-listed company to bring its…

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Forward Looking Statements

Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.

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