InvestorNewsBreaks – Forward Industries, Inc. (NASDAQ: FWDI) Closes $25 Million Registered Direct Offering to Acquire Additional SOL 

Forward Industries (NASDAQ: FWDI) announced the closing of its previously announced registered direct offering with an institutional investor, selling 3,125,000 shares of common stock at $8 per share for gross proceeds of approximately $25 million before placement agent fees and other offering expenses. The company intends to use the net proceeds primarily to acquire additional […]