ShareholdingJun 24, 2026, 12:15 PM
Forward Industries Discloses 15.29% Shareholding for Takeover Panel
AI Summary
Forward Industries, Inc. filed an Opening Position Disclosure with the Irish Takeover Panel, detailing its own and its directors' interests in the company's common stock. The company itself holds 15.294% of its common stock. Directors and connected persons collectively hold an additional 4.335% of the issued share capital, alongside significant options. This disclosure is a regulatory requirement as Forward Industries is identified as the offeror in relation to the relevant securities.
Key Highlights
- Forward Industries, Inc. holds 13,316,224 shares, representing 15.294% of its common stock.
- Directors and connected persons collectively hold 3,197,484 shares, or 4.335% of issued share capital.
- Directors also hold options for 5,036,112 shares of common stock.
- Director Pyahm Samani holds 3,134,871 shares (4.250%) and options for 4,458,796 shares.
- Director Michael Pruitt holds 1,500 shares (0.002%) and options for 203,779 shares.
- Director Sangita Shah holds 61,113 shares (0.083%) and options for 211,390 shares.
Price Impact
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