Forward Industries appoints Michael Ashe to Board; discloses Galaxy-related transactions

Forward Industries, Inc.

Michael Ashe, Chief Strategy Officer of Galaxy Digital (GLXY), appointed to Board effective July 14, 2026.
Ashe may have indirect material interest in existing Galaxy agreements: share repurchase, digital currency loan, SOL options.
Under share repurchase agreement, Galaxy Securities LLC earned ~$90,000 in fees as of July 14, 2026.
Under digital currency loan with Galaxy Digital LLC, ~$373,000 in interest fees paid.
Under SOL option contracts, ~$1.3M in premium fees and ~$3.7M to exercise ~46,000 SOL paid to Galaxy Trading Mercury LLC.

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