Forward Industries, a company specializing in designing the medical and technical sectors, is hoping to consolidate its position as leader of Solana-based Treasury (SUN) through an ambitious capital collection.
The company issued an automatic registration statement today, September 17th, before the US Stocks and Value Committee (SEC). This includes common stock offers and sales outlook for the purpose of winning $4,000 million.
The funds are used for general corporate purposes, such as working capital, acquisition of assets that generate income and capital costs, and there are specific approaches to strengthening their strategy with Solana, he says.
“This offer will provide the forward industry with a flexible and efficient mechanism to acquire support for financial strategy in Solana and invest,” said Kyle Samani, board president.
The company has already marked a milestone in the Treasury sector with its digital assets. This week we completed our biggest collection of Solana ever, accumulating 6.8 million sunsas reported by Cryptonotic.
These numbers have made the company surpass its competitors such as Sharps Technology, and its competitors with 2.14 million suns and 22 million suns. Currently, 17 companies are using the cryptocurrency, adding a total of 17 million suns to the Ministry of Finance.
Additionally, Samani revealed that Treasury funds will be invested in Decentralized Financial Protocol (DEFI) as Solana is recognized as a key asset that will strengthen the company’s presence in this market.
This strategy seems to be fruitful Shared forward industry prices have increased 28% over the past seven daysmoving from 24 US$ to 37 US$, reflecting solid performance in the bag.
