Forward Industries grows SOL holdings 13% to 8.5M in fiscal Q4; SOL per share up 10.4% to 0.0806

Forward Industries, Inc.

SOL and SOL equivalents rose 948,601 (13%) to 8,501,298 at Sept 30, 2026 from 7,552,698 at June 30, about 1.4% of Solana's circulating supply; average cost $83/SOL.
SOL per fully diluted share rose to 0.0806 from 0.0730 (+10.4% in the quarter, ~42% annualized) and is up 33% from 0.0604 at Sept 30, 2025.
Net asset value climbed to $870.4M from $481.3M: $1.00B of SOL at $118.06 plus $26.9M other digital assets, less $167.5M institutional debt (up from $105M).
Cash fell to $7.29M from $10.97M; fully diluted shares 105,535,801 and 76,288,215 common shares outstanding; mNAV 0.946x fully diluted at $7.80.
OnRe's ONyc tokenized reinsurance market cap rose 40.7% to ~$286.2M from ~$203.4M; Solana tokenized RWA market grew to ~$4.3B from over $3.3B.

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