---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-004847"
form_type: "8-K"
ticker: "FWDI"
cik: "0000038264"
company_name: "Forward Industries, Inc."
filed_at: "2026-06-16T00:52:55+00:00"
generated_at: "2026-06-16T10:05:54.543082+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Forward Industries discloses rejected/ignored all-stock acquisition proposals for SKYA and HSDT

## Summary
- Proposed to acquire SkyAI (SKYA) at 0.367 FWDI shares per SKYA share (~20% premium to $1.29 close); SKYA did not respond by June 12.
- Proposed to acquire Solana Company (HSDT) at 0.386 FWDI shares per HSDT share (~10% premium to $1.48 close); HSDT board voted to decline.
- FWDI cites its scale as world's largest Solana treasury, staking majority of SOL, and launching fwdSOL liquid staking token.

## SEC filing metadata
- accession: 0001683168-26-004847
- form_type: 8-K
- ticker: FWDI
- cik: 0000038264
- company_name: Forward Industries, Inc.
- filed_at: 2026-06-16T00:52:55+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38264/000168316826004847/0001683168-26-004847-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38264/000168316826004847/forward_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-004847
- JSON: https://secwatch.observer/filing/0001683168-26-004847.json
- Plain text: https://secwatch.observer/filing/0001683168-26-004847.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.