Company: FWDI
Filing Date: 2025-09-11
Form Type: 8-K
Source: 0001683168-25-006838
Chunk: 4

Company: Forward Industries, Inc.
Filing Date: 2025-09-11
Form: 8-K
Item: Item 7.01
Chunk 4
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Item 7.01 Regulation FD Disclosure.

Closing of the Private Placement

On September 11, 2025, the Company issued a press
release announcing the closing of the previously announced private placement (the “ Private Placement”) with certain
accredited and institutional investors (the “ Purchasers”), pursuant to which the Company issued an aggregate of (i)
77,144,562 shares (the “Shares”) of Common Stock, at an offering price of $18.50 and (ii) pre-funded warrants (the
“Pre-Funded Warrants”) to purchase up to an aggregate of 12,031,364 shares of Common Stock. In the Private Placement,
the Purchasers tendered U. S. dollars, USD Coin (USDC) or Tether (USDT) to the Company as consideration for the Shares and Pre-Funded
Warrants. The Company received aggregate gross proceeds of approximately $1.65 billion, before deducting placement agent fees and other
transaction expenses. In connection with the Private Placement, inclusive of the conversion of the Series A-1 and Series B, the Company
will have 83,233,878 shares of Common Stock issued and outstanding.

Forward Website

The Company also maintains a section on its website
(sol. forwardindustries. com) as a disclosure channel for providing broad, non-exclusionary distribution of information regarding the Company
to the public, including information regarding market prices of its outstanding securities, SOL purchases and holdings, certain KPI metrics
and other supplemental information, and as one means of disclosing non-public information in compliance with its disclosure obligations
under Regulation FD. Investors and others are encouraged to regularly review the information that the Company makes public via that section
of its website.

Furnished Information

The press release is attached as Exhibit 99.1
to this Current Report on Form 8-K and is incorporated into this Item 7.01 by reference. The information in this Item 7.01, including
Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall they be deemed
incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference
in such filing.

9.01 Financial Statements and Exhibits.

(d) Exhibits.

  Exhibit No.