According to Odaily Planet Daily, Nasdaq-listed SOL Treasury Company Forward Industries announced that it has filed a supplemental filing to the U.S. SEC for a resale prospectus, based on its S-3 registration statement filed earlier this year, to register the resale of a portion of its common stock in a private placement (PIPE) in September 2025. The filing has automatically become effective.

In addition, the company's board of directors approved a new share repurchase program on November 3, allowing the company to repurchase up to $1 billion of its outstanding common stock. This authorization is valid until September 30, 2027. Forward Industries stated that this move aims to optimize its capital structure and enhance shareholder returns. (Businesswire)