Solana Company Board Unanimously Rejects Unsolicited Forward Industries Proposal
Solana Company (NASDAQ: HSDT) announced that its Board of Directors unanimously rejected an unsolicited, non-binding acquisition proposal from Forward Industries, Inc., which valued Solana shares at $1.48 each. The Board concluded the offer significantly undervalues the company and decided it was not in the best interests of shareholders. Solana re…