{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-26-008510","form_type":"8-K","ticker":"FWDI","cik":"0000038264","company_name":"Forward Industries, Inc.","filed_at":"2026-11-10T22:10:32+00:00","discovered_at":"2026-11-10T22:12:00.451010+00:00","generated_at":"2026-11-10T22:12:05.333926+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Forward Industries adds 226,396 SOL to 8.73M; SOL per share up 2.3% to 0.0824 since Sept 30","bullets":["SOL and SOL equivalents rose from 8,501,298 (Sept 30) to 8,727,694 (Nov 9), up 2.7% at an average cost of $75 per SOL; ~1.5% of Solana circulating supply.","SOL per fully diluted share rose from 0.0806 to 0.0824, up 2.3% over the 40-day period (~21% annualized); fully diluted shares 105,933,854.","NAV fell to $600.3M from $870.4M with SOL valued at $86.61; mNAV 0.976x; cash and marketable securities $5.25M; institutional debt $187.5M.","Secured a $50M two-year credit facility at SOFR+150bps from an FDIC-insured national bank, secured by SOL that remains staked, with no rehypothecation.","Committed up to $50M to USHP, a tokenized U.S. home-price index co-anchoring its $100M launch; added Barclays as an ATM sales agent alongside Cantor."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-008510","json":"https://secwatch.observer/filing/0001683168-26-008510.json","markdown":"https://secwatch.observer/filing/0001683168-26-008510.md","text":"https://secwatch.observer/filing/0001683168-26-008510.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38264/000168316826008510/0001683168-26-008510-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38264/000168316826008510/forward_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-10T22:12:05.333926+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"}