Company: FWDI
Filing Date: 2025-11-10
Form Type: 424B5
Source: 0001683168-25-008141
Chunk: 35

Company: Forward Industries, Inc.
Filing Date: 2025-11-10
Form: 424B5
Chunk 35
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” within the meaning of the U.S. Private Securities Litigation Reform
Act of 1995, which involve risks and uncertainties. All statements other than statements of historical facts contained in this prospectus,
including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects,
plans, objectives of management, and expected market growth are forward-looking statements. These forward-looking statements are contained
principally in the sections entitled “Risk Factors” and “Use of Proceeds.” Without limiting the generality of
the preceding sentence, any time we use the words “believe,” “may,” “estimate,” “continue,”
“anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,”
“is likely,” “will,” “expect” and, in each case, their negative or other various or comparable terminology,
and similar expressions, we intend to clearly express that the information deals with possible future events and is forward-looking in
nature. However, the absence of these words or similar expressions does not mean that a statement is not forward-looking. We have based
these forward-looking statements largely on our current expectations and projections about future events and financial trends that we
believe may affect our financial condition, results of operations, business strategy and financial needs.

The results anticipated by any or all of these
forward-looking statements might not occur. Important factors, uncertainties and risks that may cause actual results to differ materially
from these forward-looking statements are contained in the risk factors that follow and elsewhere in this prospectus and the documents
incorporated by reference. We undertake no obligation to publicly update or revise any forward-looking statements, whether as the result
of new information, future events or otherwise. For more information regarding some of the ongoing risks and uncertainties of our business,
see the risk factors that follow and/or that are disclosed in our incorporated documents.

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<div align='center'>SUMMARY</div>

Company Overview

Forward is an engineering design company serving
top-tier customers worldwide. The Company provides hardware and software product design and engineering services to customers predominantly
located in the 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