Company: FWDI
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001683168-25-008451
Chunk: 77

Company: Forward Industries, Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 77
---
 any date other than the date of the applicable document. Any statement contained in a document incorporated or deemed to be incorporated
by reference into this prospectus will be deemed to be modified or superseded for purposes of this prospectus to the extent that a statement
contained in this prospectus or any other subsequently filed document that is deemed to be incorporated by reference into this prospectus
modifies or supersedes the statement. Any statement so modified or superseded will not be deemed, except as so modified or superseded,
to constitute a part of this prospectus.

You may request a copy of any or all documents
referred to above that have been or may be incorporated by reference into this prospectus (excluding certain exhibits to the documents)
at no cost, by writing or calling us at the following address or telephone number:

<div align='center'>Forward Industries, Inc.
700 Veterans Memorial Highway, Suite 100
Hauppauge, New York 11788
(631) 547-3055</div>

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<div align='center'>LEGAL
MATTERS</div>

Unless otherwise indicated in the applicable prospectus
supplement, certain legal matters will be passed upon for us by Nason, Yeager, Gerson, Harris & Fumero, P.A., Palm Beach Gardens,
Florida. If legal matters in connection with offerings made pursuant to this prospectus are passed upon by counsel for underwriters, dealers,
or agents, if any, such counsel will be named in the prospectus supplement relating to such offering.

<div align='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.

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<div align='center'>54,055 Shares

PROSPECTUS SUPPLEMENT

The date of this prospectus supplement is