Symbols

Forward Industries Soars 118.28% on $1.65B Private Placement

Generated by AI AgentAinvest Pre-Market Radar

Monday, Sep 8, 2025 6:22 am ET1min read

Aime Summary

- Forward Industries’ stock surged 118.28% pre-market after announcing a $1.65B private placement led by Galaxy Digital, Jump Crypto, and Multicoin Capital.

- The investment aims to strengthen the company’s financial position and support strategic initiatives amid slowing U.S. job growth in August.

- The $1.65B funding highlights market confidence in Forward Industries’ long-term strategy despite broader economic risks affecting stock performance.

On September 8, 2025, Forward IndustriesFORD-- soared by 118.28% in pre-market trading, marking a significant surge in its stock price.

Forward Industries, Inc. recently announced a $1.65 billion private placement in cash and stablecoin commitments. This substantial investment is led by prominent firms such as Galaxy DigitalGLXY--, Jump Crypto, and Multicoin Capital. The private placement is expected to bolster the company's financial position and support its strategic initiatives.

The labor market in the U.S. has shown signs of slowing down, with job growth decelerating in August. This economic indicator could have broader implications for the stock market, including the performance of companies like Forward Industries.

Ainvest Pre-Market Radar

Get the scoop on pre-market movers and shakers in the US stock market.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments

﻿

Add a public comment...

No comments yet

AInvest
PRO

Editorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process. While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context. Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue