Company: FWDI
Filing Date: 2025-04-02
Form Type: 8-K
Source: 0001683168-25-002225
Chunk: 0

Company: Forward Industries, Inc.
Filing Date: 2025-04-02
Form: 8-K
Item: Item 3.01
Chunk 0
---
Item 3.01 Notice of Delisting or Failure to
Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On April 1, 2025, Forward Industries, Inc. (the
“ Company”) received formal notification from The Nasdaq Stock Market LLC (“ Nasdaq”) that the Company has evidenced
compliance with the minimum $2.5 million stockholders’ equity requirement for continued listing on The Nasdaq Capital Market, in
accordance with Nasdaq Listing Rule 5550(b)(1) (the “ Equity Rule”), and otherwise satisfies all other requirements for continued
listing on Nasdaq. Accordingly, the previously disclosed listing matter has been resolved and the hearing before the Nasdaq Hearings Panel
canceled.

As previously disclosed in that Current Report
on Form 8-K dated February 21, 2025, the Company received a delist determination from Nasdaq due to the Company’s non-compliance
with the Equity Rule. The Company thereafter requested a hearing before the Panel to address the deficiency, which has been rendered moot
by Nasdaq’s formal determination that the Company satisfies all criteria for continued listing on The Nasdaq Capital Market.

   2  

SIGNATURES