Company: FWDI
Filing Date: 2025-05-22
Form Type: 8-K
Source: 0001683168-25-003941
Chunk: 6

Company: Forward Industries, Inc.
Filing Date: 2025-05-22
Form: 8-K
Item: Item 3.02
Chunk 6
---
.) (“ Amaze”), a commerce platform company. Mr. Pruitt also has served
as a director of Amaze since December 2021. Mr. Pruitt also served as a director on the board of Hooters of America, LLC from 2011
to 2019. Mr. Pruitt received a B. A. degree from Coastal Carolina University. Mr. Pruitt currently sits on the Board of Visitors of
the E. Craig Wall Sr. College of Business Administration, the Coastal Education Foundation Board, and the Athletic Committee of the
Board. Mr. Pruitt is 65 years old.

There are no arrangements or understandings between
Mr. Pruitt and any other persons, pursuant to which he was selected as Interim Chief Executive Officer, no family relationships among
any of the Company’s directors or executive officers and Mr. Pruitt, and there are no related party transactions involving Mr. Pruitt
that would require disclosure under Item 404(a) of Regulation S-K.

In connection with his appointment as interim
Chief Executive Officer, Mr. Pruitt resigned from the Company’s Board.

Effective May 16, 2025, the Board appointed Keith
Johnson as a director of the Company. Mr. Johnson has been appointed to serve on the Board’s Audit and Risk Committee, the Compensation
Committee, and the Nominating and Governance Committee. The Company has determined that since the beginning of the Company’s last
fiscal year through the date hereof, there have been no transactions, and there are currently no proposed transactions, between the Company
and Mr. Johnson that would require disclosure under Item 404(a) of Regulation S-K. There are no arrangements or understandings between
Mr. Johnson and any other person pursuant to which Mr. Johnson was appointed as a director of the Company.

Additionally, on May 16, 2025, Sangita Shah was
appointed as Chairperson of the Board, effective immediately. Ms. Shah has been a member of the Board since February 2015.

Item 9.01. Financial Statements and Exhibits.