Company: FWDI
Filing Date: 2025-11-04
Form Type: 8-K
Source: 0001683168-25-007933
Chunk: 0

Company: Forward Industries, Inc.
Filing Date: 2025-11-04
Form: 8-K
Item: Item 8.01
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Item 8.01 Other Events.

Share Repurchase Program

On November 3, 2025, the Board of Directors of
Forward Industries, Inc. (the “ Company”) authorized a stock repurchase program, pursuant to which the Company may repurchase
up to $1 billion of the Company’s outstanding shares of common stock, exclusive of any fees, commissions and other expenses related
to such repurchases, from time to time. The authorization will expire on September 30, 2027. Shares may be repurchased under the program
through open market purchases, block trades and/or privately negotiated transactions (including accelerated share repurchase transactions),
related derivative transactions or pursuant to a Rule 10b5-1 trading plan.

The extent to which the Company repurchases shares
of its common stock, and the timing of such repurchases, will depend upon a variety of factors, including market conditions, regulatory
requirements and other corporate considerations, as determined by the Company’s management. The stock repurchase program may be
suspended or discontinued at any time.

Resale Prospectus Supplement

On November 3, 2025, the Company filed with the
U. S. Securities and Exchange Commission a resale prospectus supplement (the “ Resale Prospectus Supplement”) pursuant to Rule
424(b)(5) under the Securities Act of 1933, as amended, relating to the Company’s effective Registration Statement on Form S-3 (File
No. 333-290312). The Resale Prospectus Supplement registers for resale certain shares of common stock previously issued in, or issuable under, the Company’s
September 2025 private placement.

The legal opinion of Nason, Yeager, Gerson, Harris
& Fumero, P. A. relating to the legality of the shares is attached as Exhibit 5.1 to this Current Report on Form 8-K and is incorporated
by reference herein.

9.01 Financial Statements and Exhibits.

(d) Exhibits.

  Exhibit No.      Description                                                                        
          5.1      Opinion of Nason, Yeager, Gerson, Harris & Fumero, P. A., dated November 3, 2025.  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────
          104      Cover Page Interactive Data File (embedded within the Inline XBRL document).       

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SIGNATURES

Pursuant to the requirements of the Securities
Exchange Act of 193