Forward Industries is repeatedly seeking to acquire rival publicly traded Solana treasury firms, but its proposals are not gaining traction. According to multiple reports, two Solana treasury firms reject Forward Industries’ acquisition attempts, indicating that they do not agree to the proposed consolidation. A third offer also does not result in a deal, with the proposal expiring without a response. The coverage characterizes these efforts as unsuccessful across several recent attempts, with no confirmed acquisitions or approvals reported. The outlets describe the situation as part of a broader push by Forward Industries to consolidate the sector, but they do not report any change in the target firms’ position or any counteroffers that lead to agreement. As of the expiration of the latest proposal mentioned, Forward Industries remains without a transaction involving these rivals. The reports focus on the outcome of each attempt—rejection by two firms and expiration of another—rather than on the specific terms of the bids or the reasons given by the companies.
Forward Industries fails to secure deals to consolidate Solana treasury firms
Forward Industries is repeatedly seeking to acquire rival publicly traded Solana treasury firms, but its proposals are not gaining traction. According to multiple reports, two Solana treasury firms re...
- Forward Industries makes multiple acquisition proposals to consolidate publicly traded Solana treasury firms.
- Two Solana treasury firms reject Forward Industries’ acquisition attempts.
- A third proposal expires without a response.
- No acquisition agreement is reported from the recent attempts.
Two Solana treasury firms rejected acquisition proposals from Forward Industries, while a third offer expired without a response.
2 months agoForward Industries has been unsuccessful on all three recent attempts to combine with rival publicly traded Solana treasury firms.
2 months ago
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