• Forward Industries recently provided an update on the company’s SOL Treasury, including that the total holdings have reached over 6.97 million SOL.
• The update covered what the company has done since initiating the SOL strategy, generating staking rewards, forming partnerships, and more.
• It also covered recent operational highlights, such as the company announcing that SEC-registered shares are live on the Solana blockchain, and the fact that the company is testing a PropAMM on Solana.

Forward Industries (NASDAQ: FWDI), a rapidly growing Solana treasury company, recently shared an update about the company’s total Solana (SOL) holdings (https://ibn.fm/TYP8i). In the update, the company announced that it now holds over 6.97 million SOL. The company also announced that FWDI’s validator infrastructure has generated 6.73% gross APY before fees, outperforming many of the top peer validators.

The update states that nearly all of the company’s SOL holdings are staked, and it continues to maintain sufficient operating capital, and has zero corporate debt. It also highlighted a few of the company’s recent operational moves, such as the fact that FWDI began testing a PropAMM on Solana.

Another highlight is that the company’s SEC-registered shares are live on the Solana blockchain, which is the first time a public company’s equity is able to be used directly within decentralized finance (“DeFi”).

Speaking about the company, Forward Industries Chief Investment Officer, Ryan Navi, said that “We continue to execute on our strategy to actively scale our Solana treasury through disciplined deployment and on-chain yield generation.”

He also added that “Since initiating our Solana treasury strategy in September 2025, we have generated over 133,450 SOL in staking rewards and compounded our SOL-per-share. As we expand through partnerships like Superstate, we’re able to participate in emerging use cases where real-world assets can function natively within DeFi, while continuing to leverage Solana’s unmatched performance, liquidity, and economic activity to build a durable, income-generating treasury that creates long-term value for shareholders.”

About Forward Industries Inc. (NASDAQ: FWDI)

Forward Industries is a company that’s building and managing a large-scale Solana treasury. Backed by many of the most influential investors in the space, the company’s strategy involves creating value by accumulating SOL and actively participating in the Solana ecosystem via on-chain opportunities like staking and lending.

For more information, visit the company’s website at www.ForwardIndustries.com.

NOTE TO INVESTORS: The latest news and updates relating to FWDI are available in the company’s newsroom at https://ibn.fm/FWDI

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