Forward Industries Inc. Issues 1 Million Series B Preferred Shares and 111,111 Warrants in $1M Deal with Investors

Reuters

24 May

Forward Industries Inc. Issues 1 Million Series B Preferred Shares and 111,111 Warrants in $1M Deal with Investors

Forward Industries Inc. has entered into Securities Purchase Agreements with C/M Capital Master Fund, LP and WVP-Emerging Manager Onshore Fund, LLC-Structured Small Cap Lending Series, issuing an aggregate of 1,000,000 shares of Series B Preferred Stock for $1,000,000. Additionally, the Investors received 111,111 warrants exercisable at $6.50 per share. The company plans to use the proceeds for working capital and general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forward Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-003989), on May 23, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Issues 1 Million Series B Preferred Shares and 111,111 Warrants in $1M Deal with Investors","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Forward Industries Inc. Issues 1 Million Series B Preferred Shares and 111,111 Warrants in $1M Deal with Investors\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Forward Industries Inc. has entered into Securities Purchase Agreements with C/M Capital Master Fund, LP and WVP-Emerging Manager Onshore Fund, LLC-Structured Small Cap Lending Series, issuing an aggregate of 1,000,000 shares of Series B Preferred Stock for $1,000,000. Additionally, the Investors received 111,111 warrants exercisable at $6.50 per share. 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ID: 0001683168-25-003989), on May 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FORD","symbol_name":"福沃德工业","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250523:nNDL6v57sR:1","article_id":"2537444154","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537444154","pubTimestamp":1748030795,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Forward Industries Inc. has entered into Securities Purchase Agreements with C/M Capital Master Fund, LP and WVP-Emerging Manager Onshore Fund, LLC-Structured Small Cap Lending Series, issuing an aggregate of 1,000,000 shares of Series B Preferred Stock for $1,000,000. 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