Forward Industries (NASDAQ: FORD) has initiated an at-the-market (ATM) equity offering of up to $4 billion, according to a filing with the US SEC. The company plans to use the proceeds for general corporate purposes, including the strategic advancement of Solana (SOL), acquisition of income-generating assets, and other capital expenditures. This move follows Forward Industries' recent acquisition of over 6.8 million SOL tokens, marking its largest fundraising effort for its Solana digital asset vault. The ATM program will be marketed by Cantor Fitzgerald, with no escrow arrangements for the funds.