Forward Industries, a Nasdaq-listed company that has shifted its focus from medical design to digital assets, has filed for a $4 billion at-the-market (ATM) equity program with the U.S. Securities and Exchange Commission (SEC). According to the announcement, submitted on September 17, 2025, the offering would allow the company to sell shares flexibly through Cantor Fitzgerald & Co. to raise capital for its Solana-focused strategy, working capital, and future business expansion. Forward Industries Positio ...