Company: FWDI
Filing Date: 2025-09-11
Form Type: 424B5
Source: 0001683168-25-006851
Chunk: 4

Company: Forward Industries, Inc.
Filing Date: 2025-09-11
Form: 424B5
Chunk 4
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 U.S.

We provide a complete range of
design, engineering and development services with respect to a diverse array of consumer and industrial electronics products. These include
but are not limited to medical products, smart displays, beverage vending, enterprise and mobile software applications, lighting, security
and detections systems, cameras, wearables and vehicle controls. Solutions in these and other areas are designed and developed in-house,
beginning at product concept, extending through design, engineering and prototype, and final design for manufacturing and computer-aided
design files.

New Treasury Strategy

We recently announced the launch
of our digital asset treasury strategy, pursuant to which we plan to pursue a number of strategic initiative to acquire Solana tokens
and other digital assets.

Corporate Information

Our principal executive offices
are located at 700 Veterans Memorial Highway, Suite 100, Hauppauge, NY 11788, and our telephone number is (631) 430-6576. Our website
address is http://forwardindustries.com/. Our website and the information contained on, or that can be accessed through, our website is
not part of this prospectus, any prospectus supplement, or any registration statement, and is not incorporated by reference into this
prospectus or any other filing with the Securities and Exchange Commission.

| S-3 |

<div align='center'>The Offering</div>

| Issuer                                                         |     | Forward Industries Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Common stock offered                                           |     | 1,783,783 shares at a purchase price of $18.50 per share.                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| Common stock outstanding                                       |     | 82,743,337  shares (1)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Common stock to be outstanding immediately after this offering |     | 84,527,120  shares (1)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Use of proceeds                                                |     | We intend to use the net proceeds from this offering for working capital, purchase of Solana, and general corporate purposes. See “Use of Proceeds” on page S-5 of this prospectus supplement.                                                                                                                                                                                                                                                                                                            |
| Stock symbol                                                   |     | “FORD”                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Risk factors                                                   |     | This investment involves a high degree of risk. See “Risk Factors” beginning on page S-5 of this prospectus supplement, our Annual Report on Form 10-K for the year ended September 30, 2024 and the Form 8-K filed