Forward Industries, INC Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
Multicoin Capital Management and associated entities have filed an exit report, confirming they no longer hold a beneficial interest in Forward Industries, Inc.
Multicoin Capital Master Fund LP has repurchased 6.16 million shares of Forward Industries' common stock, reducing its stake to 7.0% and removing a former manager.
An amendment to Schedule 13D reveals Saurabh Sharma, CIO of Jump Crypto, has been elected as a director to Forward Industries, Inc.'s board.
Galaxy Digital LP and its affiliates have acquired a 9.99% beneficial ownership stake in Forward Industries, Inc. through a $150 million private placement and will serve as a strategic advisor.
Affiliates of Jump Trading Group, including J Digital 6 Cayman Ltd., have acquired a 9.3% beneficial ownership stake in Forward Industries, Inc. through a $114 million private placement.
Multicoin Capital Management and affiliates acquired a significant stake in Forward Industries, with Pyahm Samani appointed Chairman of the Board.