Overview

• Shares will be issued over time under a Form S-3 automatic shelf that became effective on September 17, 2025.
• Cantor Fitzgerald is the sales agent for the program, and the company is not obligated to sell any specific amount.
• Proceeds are designated for Solana accumulation, working capital, and income-generating assets, with no escrow or trust restricting use.
• Forward Industries says it already holds more than 6.8 million SOL following earlier financing tied to crypto partners Galaxy, Jump, and Multicoin.
• No sales under the ATM have been disclosed, and investors are watching potential dilution and market effects on FORD shares and SOL.