Company: FWDI
Filing Date: 2025-11-03
Form Type: 424B5
Source: 0001683168-25-007923
Chunk: 5

Company: Forward Industries, Inc.
Filing Date: 2025-11-03
Form: 424B5
Chunk 5
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 statements other than statements of historical facts contained in this
prospectus, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs,
prospects, plans, objectives of management and expected market growth are forward-looking statements. These forward-looking statements
are contained principally in the sections entitled “Risk Factors” and “Use of Proceeds.” Without limiting the
generality of the preceding sentence, any time we use the words “believe,” “may,” “estimate,” “continue,”
“anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,”
“is likely,” “will,” “expect” and, in each case, their negative or other various or comparable terminology,
and similar expressions, we intend to clearly express that the information deals with possible future events and is forward-looking in
nature. However, the absence of these words or similar expressions does not mean that a statement is not forward-looking. We have based
these forward-looking statements largely on our current expectations and projections about future events and financial trends that we
believe may affect our financial condition, results of operations, business strategy and financial needs.

The results anticipated by
any or all of these forward-looking statements might not occur. Important factors, uncertainties and risks that may cause actual results
to differ materially from these forward-looking statements are contained in the risk factors that follow and elsewhere in this prospectus
and the documents incorporated by reference. We undertake no obligation to publicly update or revise any forward-looking statements, whether
as the result of new information, future events or otherwise. For more information regarding some of the ongoing risks and uncertainties
of our business, see the risk factors that follow and/or that are disclosed in our incorporated documents.

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<div align='center'>PROSPECTUS
SUPPLEMENT SUMMARY</div>

This summary does not contain all of the information that you should consider before investing in our common stock offered by this prospectus. Before making an investment decision, you should carefully read the entire prospectus, including the “Risk Factors” sections, as well as our financial statements, including the accompanying notes, and the other information incorporated by reference herein and the information in any related free writing prospectus that we may authorize for use in connection with this offering of our Common Stock.

Company Overview

Forward is an engineering
design company serving top-tier customers worldwide. The Company provides hardware and software product design and engineering services
to customers predominantly located in the U