Company: FWDI
Filing Date: 2025-09-18
Form Type: 3/A
Source: 0001104659-25-091231
Chunk: 1

Company: Forward Industries, Inc.
Filing Date: 2025-09-18
Form: 3/A
Chunk 1
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 Derivative Security (Instr. 5) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |     | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) |     | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Code                                       | V                                                      | Amount or Number of Shares           | -A) or (D                                          |                                |     |                                                                                        |     |                                                          |                                                                                   |                                 |                                                                                                    |                                                                                  |                                                        |
| No derivative securities reported          |                                                        |                                      |                                                    |                                |     |                                                                                        |     |                                                          |                                                                                   |                                 |                                                                                                    |                                                                                  |                                                        |

Remarks:

In addition to Multicoin Capital Management, LLC, a Texas limited liability company ("MCM LLC"), this Form 3 is being filed jointly by Multicoin Capital Master Fund, LP, a Cayman Islands limited partnership ("MCMF LP"), Pyahm Samani, a citizen of the United States of America ("Mr. Samani"), and Tushar Jain, a citizen of the United States of America ("Mr. Jain") (collectively, the "Reporting Persons"). MCM LLC is the investment advisor to MCMF LP. Mr. Samani and Mr. Jain each are a managing partner of MCM LLC. On September 6, 2025, the Issuer entered into a Securities Purchase Agreement with certain investors in a private investment in public equity investment, pursuant to which Mr. Samani was appointed a member of the board of directors of the Issuer, and as a result, each of the other Reporting Persons may be deemed directors by deputization for purposes of Section 16 of the Securities Exchange