Company: FWDI
Filing Date: 2025-10-10
Form Type: 8-K
Source: 0001683168-25-007508
Chunk: 0

Company: Forward Industries, Inc.
Filing Date: 2025-10-10
Form: 8-K
Item: Item 1.01
Chunk 0
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Item 1.01 Entry into a Material Definitive
Agreement.

On October 10, 2025, Forward Industries, Inc.
(the “ Company”) entered into a Waiver and Consent (the “ Waiver and Consent”) with certain holders of the Company’s
securities (who collectively beneficially own at least 50.1% of the then outstanding Registrable Securities, as defined in the Registration
Rights Agreement dated September 6, 2025 (the “ Registration Rights Agreement”)). The Waiver and Consent waives the compliance
of the Filing Date (as defined in the Registration Rights Agreement) and extends the deadline for the Company to file the initial resale
registration statement with the Securities and Exchange Commission to the 60th calendar day following the Closing Date (as defined in
the Registration Rights Agreement).

The foregoing descriptions of the Waiver and Consent
and Registration Rights Agreement do not purport to be complete and are qualified in their entirety by reference to the full text of the
Waiver and Consent and Registration Rights Agreement, which are filed as Exhibits 10.1 and 10.2 to this Current Report on Form 8-K and
are incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.