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

Company: Forward Industries, Inc.
Filing Date: 2025-11-03
Form: 424B5
Chunk 25
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 controlled                           
 by Joseph H. Moglia and is located at 505 Cornhusker Rd. Suite 105, #393, Bellevue, NE 68005, United States.                              |
| (123) | Consists of 189,190 shares of our common stock acquired by Moglia Family Foundation. Moglia Family Foundation                             
 is controlled by Joseph H. Moglia and is located at 505 Cornhusker Rd. Suite 105, #393, Bellevue, NE 68005, United States.                |
| (124) | Consists of 189,190 shares of our common stock acquired by Moglia Trust 2. Moglia Trust 2 is controlled                                   
 by Robert C. Weeks and is located at 505 Cornhusker Rd. Suite 105, #393, Bellevue, NE 68005, United States.                               |
| (125) | Consists of 110,528 shares of our common stock acquired by Monashee Pure Alpha SPV I LP. Monashee Pure                                    
 Alpha SPV I LP is controlled by Jeff Muller CCO/COO of Monashee Investment Management LLC. Monashee Pure Alpha SPV I LP is located at     
 75 Park Plaza, 4th Floor, Boston, MA 02116, United States.                                                                                |
| (126) | Consists of 10,811 shares of our common stock acquired by MTG Consulting LLC. MTG Consulting LLC is controlled                            
 by Michael T Green and is located at 151 Calle San Francisco Suite #200, San Juan, PR 00901 United States.                                |
| (127) | Consists of 12,406,639 shares of our common stock acquired by Multicoin Capital Master Fund, LP, including                                
 1,783,519 Lead Investor Shares and 4,458,796 shares issuable upon the exercise of the Lead Investor Warrants. Multicoin Capital Master    
 Fund, LP is controlled by Multicoin Capital Management, LLC. The individuals with voting and investment power over the securities held    
 by Multicoin Capital Master Fund, LP are Pyahm “Kyle” Samani and Tushar Jain, Multicoin Capital Master Fund, LP is located                
 at 501 West Ave. STE 3901, Austin, TX 78701, United States. Multicoin Capital Master Fund, LP is an affiliate of the Company due to Pyahm 
 “Kyle” Samani being a beneficial owner of the Selling