Company: FWDI
Filing Date: 2025-09-11
Form Type: 424B5
Source: 0001683168-25-006851
Chunk: 7

Company: Forward Industries, Inc.
Filing Date: 2025-09-11
Form: 424B5
Chunk 7
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='center'>EXPERTS</div>

The consolidated financial statements
of Forward Industries, Inc. and Subsidiaries for the years ended September 30, 2024 and 2023, have been audited by CohnReznick LLP, independent
registered public accounting firm, as set forth in their report thereon appearing in Forward Industries, Inc. and Subsidiaries’
Annual report on Form 10-K for the year ended September 30, 2024, and incorporated by reference herein. Such consolidated financial statements
are incorporated by reference herein in reliance upon such report, which includes an explanatory paragraph on Forward Industries, Inc.
and Subsidiaries’ ability to continue as a going concern, given on the authority of such firm as experts in accounting and auditing.

| S-6 |

<div align='center'>INFORMATION INCORPORATED BY REFERENCE</div>

The documents listed below are incorporated by reference
into this prospectus:

| · 
 · | Our annual report on Form 10-K for the year ended September 30, 2024 filed on December 27, 2024 and amended on Form 10-K/A on January 17, 2025;                                                                                                                                                                                                                         
 Our quarterly reports on Form 10-Q filed on February 13, 2025 and May 14, 2025;                                                                                                                                                                                                                                                                                         |
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| · | Our current reports on Form 8-K (including 8-K/A)                                                                                                                                                                                                                                                                                                                       
 filed on October                                                                                                                                                                                                                                                                                                                                                        
 4, 2024, October                                                                                                                                                                                                                                                                                                                                                        
 18, 2024, November                                                                                                                                                                                                                                                                                                                                                      
 1, 2024, November                                                                                                                                                                                                                                                                                                                                                       
 18, 2024, December                                                                                                                                                                                                                                                                                                                                                      
 13, 2024, December                                                                                                                                                                                                                                                                                                                                                      
 23, 2024, February                                                                                                                                                                                                                                                                                                                                                      
 3, 2025, February                                                                                                                                                                                                                                                                                                                                                       
 13, 2025, February                                                                                                                                                                                                                                                                                                                                                      
 27, 2025, March                                                                                                                                                                                                                                                                                                                                                         
 17, 2025, March                                                                                                                                                                                                                                                                                                                                                         
 24, 2025, March                                                                                                                                                                                                                                                                                                                                                         
 31, 2025, March                                                                                                                                                                                                                                                                                                                                                         
 31, 2025, April                                                                                                                                                                                                                                                                                                                                                         
 2, 2025, May                                                                                                                                                                                                                                                                                                                                                            
 1, 2025, May                                                                                                                                                                                                                                                                                                                                                            
 8, 2025, May