BlockBeats News, June 15th, Forward Industries, a treasury company of SOL, confirmed that it has submitted a non-binding acquisition proposal to the board of directors of Solana Company (HSDT), a treasury company of SOL, planning to conduct a business merger through a stock-for-stock transaction. The company stated that the proposal aims to promote business integration between the two parties and believes that initiating formal discussions is in the mutual interest of both companies and shareholders.

However, the HSDT board of directors voted on June 12th to reject the acquisition offer and stated that they would not engage in further discussions regarding the proposal. Forward Industries expressed being "disappointed and surprised" by this decision and reiterated their hope that both parties could reopen communication.

Analysts believe that this event reflects the current divergence among Solana ecosystem-related companies regarding capital integration and the path to independent development. It remains to be seen whether there will be renegotiation or other capital actions in the future.