Forward Industries proposes all-stock acquisition of Brera Holdings (SLMT) at ~30.7% premium; board rejects

Forward Industries, Inc.

Forward proposed all-stock acquisition of SLMT on June 1 at 1.54 FWDI/SLMT share (~$7.19), a 30.7% premium to 10-day VWAP.
SLMT board rejected proposal on June 6, stating it is not in the best interest of the Company; Forward disappointed.
Forward must announce firm intention or withdraw by July 21, 2026 per Irish Takeover Rules; no certainty of any offer.
Forward is the largest Solana treasury, with staked SOL, validator infrastructure, and fwdSOL liquid staking token.

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