{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-006734","form_type":"8-K","ticker":"FWDI","cik":"0000038264","company_name":"Forward Industries, Inc.","filed_at":"2025-09-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.087487+00:00","generated_at":"2026-05-17T07:47:21.996468+00:00","sec_items":["1.01","3.02","7.01","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Forward Industries to raise ~$1.65B via private placement; plans to buy Solana tokens","bullets":["Private placement of 89,189,189 shares at $18.50/share; gross proceeds ~$1.65B; closing on Sept 10, 2025.","Proceeds to acquire Solana tokens, fund digital asset treasury, and working capital.","Cantor and Galaxy Digital serve as placement agents; fees: 5% on first $1B, 3.75% on excess.","Galaxy receives 2% advisor shares + 5% warrants; Jump Crypto & Multicoin get 4% lead investor shares + 10% warrants.","C/M converts Series B Preferred; gets right to buy up to $33M in common stock via registered direct offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-006734","json":"https://secwatch.observer/filing/0001683168-25-006734.json","markdown":"https://secwatch.observer/filing/0001683168-25-006734.md","text":"https://secwatch.observer/filing/0001683168-25-006734.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38264/000168316825006734/0001683168-25-006734-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38264/000168316825006734/forward_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:47:21.996468+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}