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Forward Industries Acquires Minority Stake in Index Industries

PUBT·11/10/2026 16:01:45
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Forward Industries Acquires Minority Stake in Index Industries
  • Forward Industries acquired a strategic minority stake in Index Industries, which builds the benchmark underlying tokenized U.S. home-price product USHP.
  • The transaction includes warrants to acquire additional Index Industries equity.
  • The equity investment accompanies a commitment of up to $50 million to USHP, co-anchoring up to $100 million in pre-launch institutional commitments.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forward Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611101100PRIMZONEFULLFEED9874455) on November 10, 2026, and is solely responsible for the information contained therein.