BRIEF-Forward Industries Announces Letter Of Intent To Acquire Skyai, Inc-August 2024-www.financetom.com

BRIEF-Forward Industries Announces Letter Of Intent To Acquire Skyai, Inc

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BRIEF-Forward Industries Announces Letter Of Intent To Acquire Skyai, Inc

Jun 15, 2026 6:36 AM

June 15 (Reuters) - Forward Industries Inc ( FWDI ):

* FORWARD INDUSTRIES ANNOUNCES LETTER OF INTENT TO ACQUIRE

SKYAI, INC. (SKYA)

* FORWARD INDUSTRIES ( FWDI ) - CONFIRMS NON-BINDING PROPOSAL FOR

ALL-STOCK BUSINESS COMBINATION WITH SKYAI

* FORWARD INDUSTRIES ( FWDI ) - SKYA STOCKHOLDERS TO RECEIVE 0.37

FORWARD SHARES FOR EACH SKYA SHARE

* FORWARD INDUSTRIES ( FWDI ) - SKYA DID NOT RESPOND TO PROPOSAL BY

EXPIRATION ON JUNE 12, 2026

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