UPDATED: Forward Industries Announces Letter of Intent to Acquire SkyAI, Inc. (SKYA)
Forward Industries, Inc. (NASDAQ: FWDI) announced a non-binding all-stock proposal to acquire SkyAI, Inc. (SKYA) at a 20% premium. The proposal, which SkyAI did not respond to by its deadline, aims to combine SkyAI's assets with Forward's leading Solana treasury platform to enhance shareholder value and Solana ecosystem growth. Forward emphasized i…