M&A · Financials · Finance Services
Forward Industries, Inc. to acquire SkyAI, Inc.
Announced Jun 16, 2026 · Announced
Deal value$66M
Premium20.0%To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock$1.55 per share
Transaction
- Acquirer
- Forward Industries, Inc. (FWDI)
- Target
- SkyAI, Inc. (SKYA)
- Buyer type
- Strategic
- Offer price per share
- $1.55
- Enterprise value
- —
- Status
- Announced
Deal protections
Not yet read from the merger agreement.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Sector context · Financials
- Comparable deals
- 75 in the prior 24 months
- Premium
- 20.0% vs. 34.4% sector median
- EV / Adj. EBITDA
- Sector median 13.7x
- Break fee
- Sector median 3.7%
Timeline
- AnnouncedJun 16, 2026
- ClosedPending