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Forward Industries' Acquisition Proposal for Solana Company Rejected by HSDT Board

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Forward Industries' Acquisition Proposal for Solana Company Rejected by HSDT Board

Jun 15, 2026

Forward Industries, Inc. made a strategic misstep by proposing an all-stock business combination to Solana Company, which was swiftly rejected. This refusal highlights potential misalignments in valuation or strategic direction between the two companies. Forward Industries has been actively building its presence in the Solana ecosystem. The company has amassed the largest Solana treasury globally […]

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