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Investing.com -- Forward Industries Inc (NASDAQ:FWDI) stock rose 3.6% on Friday as the company announced it will change its ticker symbol from "FORD" to "FWDI" on the Nasdaq Stock Exchange, effective Monday, November 17, 2025.
The ticker change aligns with the company’s strategic focus on its Solana treasury strategy, which involves acquiring SOL cryptocurrency and increasing SOL-per-share through active management and ecosystem participation. This move follows recent developments including the formation of a Crypto Advisory Board with 25 inaugural members from the Solana ecosystem, digital assets, capital markets, and financial services sectors.
Forward Industries describes itself as "the leading Solana treasury company." The company noted that following the November 17 change, all trading activity, regulatory filings, and market-related information will be reported under the new "FWDI" symbol.
The company emphasized that existing shareholders do not need to take any action regarding the ticker symbol change.
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